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Article: Going with the flow: for Al-Rushaid's US partner, the facility is about outsourcing key functions of oil companies.(United States)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- September 8, 2006
- Author:
CopyrightCOPYRIGHT 2006 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The thinking behind the Dhahran project is simple, explains Jim Hamilton, regional director of sales and operations at US joint venture partner Flowserve.
"We believe the region will move towards outsourcing the management of their assets, because end-users are expanding at such a pace and adding so much equipment that they face two options--either hire a lot of additional people to look after their equipment, or focus on the core business. With the region looking more towards outsourcing, as in Europe and the US over the past 20 years, we saw it as the right time to make that investment now," he says.
Flowserve acknowledges the scale of the challenge. ...