Bilfinger, engineering and industrial solutions powerhouse, has signed an agreement with RATE, California-based sour gas and Sulphur management technology licensor, to establish a strategic cooperation that would position both companies to accelerate growth in the Middle East region
The agreement, in harmony with the strategic focus of the national oil companies in the Middle East, aims at maximising the monetisation of gas resources and harnessing the growth opportunities in the oil and gas sector.
“The partnership is a great strategic fit, building on the two companies’ complementary portfolio. We will together focus on delivering advanced solutions to our customers aiming at maximising the value of their vast natural resources while creating unparalleled local value-add,” commented Ali Vezvaei, president and CEO of Bilfinger Middle East.
Mahin Rameshni, president and CEO of RATE, emphasised, “Our technology, coupled with the strong knowhow and capabilities of Bilfinger, enable us to provide the market with cutting edge solutions, in line with the strategic focus of our customers.”
