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Schlumberger announces oil and gas manufacturing in Saudi Arabia

Schlumberger announces oil and gas manufacturing in Saudi Arabia

 

Oilfield services firm Schlumberger has announced a new manufacturing centre in the King Salman Energy Park (SPARK) in Saudi Arabia.

The new centre will manufacture well completion technologies such as liner hangers and packers, as well as isolation valve technologies such as GROVE valves and ORBIT rising stem ball valves.

The first phase of the manufacturing centre extends over 105,000m2. The centre will develop a skilled manufacturing workforce for oil and gas products and services throughout the region.

The company said the facility will create more than 200 new jobs over the next few years, designed to support Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) programme.

Saudi Aramco upstream senior vice-president Mohammed Al Qahtani said: “We are delighted with Schlumberger’s inauguration of its manufacturing centre and congratulate them on playing a very important anchor role at the King Salman Energy Park.

“This centre and SPARK will accelerate solutions across the value-chain for the Saudi Energy Sector that will create opportunities for Saudi men and women in a sustainable way for many generations to come.”

The opening of the manufacturing centre is part of the company’s strategy to align itself with Saudi Arabia’s 2030 Vision.

According to the company, these technologies will enhance the efficiency of oil and gas operations within the region as well as neighbouring countries.

Schlumberger president of Saudi Arabia & Bahrain Ziad Jeha said: “It is with pride that we announce the inauguration of the Schlumberger Manufacturing Center in King Salman Energy Park.

“As the first upstream services company to establish a manufacturing centre in SPARK, we are enabling an agile fit-for-basin capability that links research, product development and now manufacturing to the needs of the Saudi Arabian market.”

Recently, Schlumberger announced a partnership with the Egyptian Ministry of Petroleum for the Egypt Upstream Gateway (EUG) project, which will help digitise subsurface information.

Source: Offshore-Technology

Published: 25-02-2020

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