The exchange rate of the dollar stabilizes locally in the stock market
The Engineering Equipment Company of the Ministry of Oil signed partnerships with three international companies specialized in oil industries and oil, petrochemical, industrial and marine projects, while Oil Minister Jabbar al-Allaibi stressed the ministry’s keenness to improve the performance of national companies.
The Minister of Oil said during a ceremony held on this occasion and according to a statement of the Ministry of Oil that the ministry is keen to improve the performance of national companies and development, and contribute to the implementation of technical and engineering projects according to the latest international standards adopted.
The ministry plans to strengthen cooperation with international companies through the conclusion of partnership contracts for implementation of technical projects and engineering in the oil sector on solid foundations. Through this partnership, the Ministry of Oil aims to achieve its objectives of acquiring advanced engineering expertise and technology, as well as transforming self-financing companies into profitable companies.