Acutely aware of the dual vulnerabilities of their oil infrastructure and their regime, Saudi Arabia's ruling family decided to 'spend what it takes' to protect both - a decision that creates a cumulative $14 billion oil industry security market in Saudi Arabia over the coming six years. This is one of the major conclusions reached by Homeland Security Research Corporation (HSRC) in the new research report Saudi Oil Industry Security Market 2009 - 2014. ... Saudi Kingdom will spend on procurement of security systems and services over the next 6 years to harden their oil infrastructure defenses. This major market is driven by: ...
Saudi Arabia to Invest $14 Billion to Protect its Oil Infrastructure against Terror Attacks
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- Written by RC_Anderson
Acutely aware of the dual vulnerabilities of their oil infrastructure and their regime, Saudi Arabia's ruling family decided to 'spend what it takes' to protect both - a decision that creates a cumulative $14 billion oil industry security market in Saudi Arabia over the coming six years. This is one of the major conclusions reached by Homeland Security Research Corporation (HSRC) in the new research report Saudi Oil Industry Security Market 2009 - 2014. ... Saudi Kingdom will spend on procurement of security systems and services over the next 6 years to harden their oil infrastructure defenses. This major market is driven by: ...