# C_2019358EN.01001401.xml

| 22.10.2019 | EN | Official Journal of the European Union | C 358/14 |
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22.10.2019

EN

Official Journal of the European Union

C 358/14

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Prior notification of a concentration

(Case M.9600 — Saudi Aramco Development Company/Korea Shipbuilding and Offshore Engineering Company/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2019/C 358/08)

1.

This notification concerns the following undertakings:

| — | Saudi Aramco Development Company (‘SADCO’, Saudi Arabia), a wholly owned subsidiary of Saudi Arabian Oil Company (‘Saudi Aramco’, Saudi Arabia), |
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Saudi Aramco Development Company (‘SADCO’, Saudi Arabia), a wholly owned subsidiary of Saudi Arabian Oil Company (‘Saudi Aramco’, Saudi Arabia),

| — | Korea Shipbuilding & Offshore Engineering Co., Ltd. (‘KSOE’, South Korea), |
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Korea Shipbuilding & Offshore Engineering Co., Ltd. (‘KSOE’, South Korea),

| — | a newly created joint venture company. |
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a newly created joint venture company.

SADCO and KSOE acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created joint venture company.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.

| — | SADCO is primarily engaged in the exploration, production and marketing of crude oil and in the production and marketing of refined products and petrochemicals, |
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SADCO is primarily engaged in the exploration, production and marketing of crude oil and in the production and marketing of refined products and petrochemicals,

| — | KSOE is a provider of integrated systems and solutions for powering seaborne transportation and technology and services for the offshore industry, |
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KSOE is a provider of integrated systems and solutions for powering seaborne transportation and technology and services for the offshore industry,

| — | the newly created joint venture company will construct and operate an engines and marine pumps manufacturing site in Saudi Arabia. |
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the newly created joint venture company will construct and operate an engines and marine pumps manufacturing site in Saudi Arabia.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9600 — Saudi Aramco Development Company/Korea Shipbuilding and Offshore Engineering Company/JV

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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