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Aker Kvaerner and SINOPEC cooperate internationally.
(From Hugin)
25 July 2006: The Engineering and Construction Department of China Petrochemical Corporation (SINOPEC), one of the largest petrochemical companies in China and Asia, has signed a memorandum of understanding with Aker Kvaerner for the joint execution of projects in the international marketplace. The agreement represents a significant development in the Sinopec - Aker Kvaerner relationship, and forms the basis for greater cooperation in identifying, marketing, bidding and executing selected projects in the future. Aker Kvaerner and SINOPEC will selectively target opportunities internationally, with particular focus on expanding the relationship in the Kingdom of Saudi Arabia and other markets in the Middle East. "SINOPEC and Aker Kvaerner have a long history of working together on …
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