RED SEA INTERNATIONA

4230
End-of-day quote. End-of-day quote  - 05/19
17.2SAR +0.23%

Red Sea International Co. Announces Contract Sign Off with Baker Hughes Company

11/30/2021 | 11:03pm
Red Sea International Company (RSI) has signed a 7- year contract with Baker Hughes Company to design, manufacture, supply and mange remote mobile modular buildings to support its oil drilling operations in the Eastern region. Contract Subject Matter: Design, manufacture, supply, and operate specialized modular camps to support the oil drilling operations of Baker Hugh Company in the Eastern region. Contract Value: Red Sea International Company signed a 7-year contract with Baker Hughes Company, one of the largest oilfield services companies in the world, to design, manufacture, supply, and operate three camps in the Eastern region to support its oil drilling operations in the region. The camps consist of various fully furnished modular units that are used as admin offices and accommodations, which are built of high-quality components to sustain the harsh weather conditions and continuous mobilizations to different locations. The contract also entails providing facility management services which include catering, laundry, power generation, garbage collection and sewage treatment.
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