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Baker Hughes and SABIC sign strategic framework alliance agreement

Industry

Bently Nevada, a Baker Hughes business, and Saudi Basic Industries Corporation (SABIC), have announced a strategic framework alliance agreement for the supply of asset performance management services

This five-year alliance includes the delivery of Bently Nevada’s plant-wide condition monitoring and machine asset protection services across 1,200+ assets at 16+ SABIC sites in Saudi Arabia.

The alliance with SABIC is set to deliver localised maintenance, support and more streamlined, assured access to Bently Nevada’s full suite of hardware, software and services, including the System 1 platform.

“This is a great example of the value this strategic collaboration brings for both parties, driving cost optimisation and manufacturing excellence,” said Abdullah Al Garni, SABIC’s vice-president, Global Procurement Services.

“Our affiliates can utilise Bently Nevada’s strong track record in the domain of condition monitoring which will help boost SABIC’s asset management strategy while delivering local support, and knowledge transfer to our staff”.

“This alliance ensures SABIC will benefit from local in-country support and timely access to critical industrial asset performance management solutions to drive reliable, efficient operations,” said Ed J Boufarah, vice-president of Bently Nevada.

Work under the alliance will begin in October 2021 and will be implemented by local talent to enrich knowledge and expertise locally.