Ferrostaal sees tremendous potential in Libya

Published April 29th, 2010 - 09:24 GMT
Al Bawaba
Al Bawaba

At the Tripoli International Fair, which concludes tomorrow, Ferrostaal AG shows its activities in the oil & gas industry and announced the further expansion of its activities in Libya, particularly those concerning renewable energy.

As Carsten Arlt, Head of Ferrostaal in Libya, remarks, "Its steadily growing economy, the ongoing liberalisation of the economic system and revenues from its continually expanding oil and gas production have turned Libya into a location with tremendous potential."

Ferrostaal has already been operating in Libya for more than 30 years and has established itself as a leading service provider in the engineering, procurement and construction sectors. The focus of its activities is on supplying turnkey facilities for maintaining and increasing the production of crude oil and natural gas, as well as the infrastructure associated with it such as the construction of pipelines.

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