Schlumberger announces new Saudi Arabia manufacturing centerEngineering360 News Desk | March 02, 2020
On February 24, international oilfield services provider Schlumberger announced the opening of a new manufacturing center in King Salman Energy Park (SPARK) that supports Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) economic growth program. The center will manufacture liner hangers and packers, Grove valves, Orbit rising stem ball valves and more to help improve the efficiency of oil and gas operations in Saudi Arabia and neighboring countries.
The first phase of the manufacturing center, which comprises 105,000 sq m, will likely create more than 200 new jobs in the near future, and develop a highly skilled manufacturing and supply chain workforce for oil and gas products and services within the region. The project demonstrates Schlumberger’s alignment with Saudi Arabia’s 2030 Vision.
“We are delighted with Schlumberger’s inauguration of its manufacturing center and congratulate them on playing a very important anchor role at the King Salman Energy Park,” said Mohammed Al Qahtani, upstream senior vice president, Saudi Aramco. “This center 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.”
“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 center 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,” said Ziad Jeha, president Saudi Arabia & Bahrain, Schlumberger.
The aim of King Salman Energy Park is to capture the full economic value from energy-related goods and services in Saudi Arabia and throughout the region, localizing value creation through dedicated industrial development as part of Vision 2030.