T-3 Energy Services, Inc. Enters Into Middle East Joint Venture Agreement With Aswan...
yahoo.com     Jul 14, 2008            

HOUSTON, July 14, 2008 (PRIME NEWSWIRE) -- T-3 Energy Services, Inc. (``T-3 Energy'') (Nasdaq:TTES) announced today that it has entered into a joint venture arrangement to be effective September 1, 2008, or such earlier date as agreed to by the parties, with Aswan International Engineering Company LLC, (``Aswan''). Aswan, who is a member of the Al Shirawi Group of Companies (``Al Shirawi''), is located in Dubai and provides manufacturing, repair and remanufacturing of oilfield products for customers operating in the Middle East. The joint venture, which will be named T-3 Energy Services Aswan Middle East LLC (``the Company''), will be operated and controlled by both parties in equal percentages. Under the terms of the agreement, T-3 Energy will provide the Company with a license and technical assistance to repair,... [read full story]                    


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04:00 AM: It's Your World (formerly World Affairs Council)

kqed.org     3 hrs ago          

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