Schlumberger introduced the opening of a world-class manufacturing middle in King Salman Energy Park (SPARK) that helps Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) program to advertise financial development. The middle will manufacture properly completions applied sciences together with liner hangers and packers and isolation valve applied sciences, resembling GROVE* valves and ORBIT* rising stem ball valves, to assist enhance the effectivity of oil and fuel operations within the Kingdom and neighboring international locations.
The first section of the manufacturing middle, which includes 105,000 sq. meters, will create greater than 200 new jobs over the subsequent few years and develop a extremely expert manufacturing and provide chain workforce for oil and fuel services and products inside the area. This is an indication of the Schlumberger alignment with the Kingdom’s 2030 Vision.
The official ceremony was hosted by Schlumberger CEO Olivier Le Peuch, Schlumberger EVP Operations Khaled Al Mogharbel and Schlumberger Chief Technology Officer Demosthenis Pafitis within the presence of Saudi Aramco Upstream Senior Vice President Mohammed Al Qahtani and different key stakeholders.
“We are delighted with Schlumberger’s inauguration of its manufacturing middle and congratulate them on enjoying a vital anchor position on the King Salman Energy Park. This middle and SPARK will speed up options throughout the value-chain for the Saudi Energy Sector that may create alternatives for Saudi women and men in a sustainable manner for a lot of generations to come back,” mentioned Mohammed Al Qahtani, upstream senior vp, Saudi Aramco.
“It is with delight that we announce the inauguration of the Schlumberger Manufacturing Center in King Salman Energy Park. As the primary upstream providers firm to determine a producing middle in SPARK, we’re enabling an agile fit-for-basin functionality that hyperlinks analysis, product growth and now manufacturing to the wants of the Saudi Arabian market,” mentioned Ziad Jeha, president Saudi Arabia & Bahrain, Schlumberger.
King Salman Energy Park is being developed to seize the complete financial worth from energy-related items and providers in Saudi Arabia and all through the area, localizing worth creation by devoted industrial growth as a part of the Kingdom’s Vision 2030.
(Source: Schlumberger – Image: Behance)
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