GE Oil & Gas has completed the Phase 1 expansion of its largest advanced manufacturing facility in the region at Dammam
Supporting Saudi Arabia’s vision to boost domestic manufacturing and exports, the expanded facility will serve as a centre for the supply of ‘Made in Saudi’ equipment for the kingdom and regional markets with expanded capacity to manufacture the full range of GE Oil & Gas’ pressure control solutions including wellhead systems and advanced flow control solutions that are critical components in driving productivity and operational efficiency.
It will also promote job creation for Saudi Arabian nationals through a three-fold increase in the workforce.
The 10,500 sq m facility was inaugurated by GE Oil & Gas president & CEO Lorenzo Simonelli in the presence of Amin Nasser, president & CEO, Saudi Aramco; Rami Qasem, president & CEO, GE Oil & Gas, Middle East, North Africa & Turkey, and other senior officials.
The new facility marks the first phase of an ongoing multi-million dollar investment by GE Oil & Gas at the multi-modal MODON (Saudi Industrial Property Authority) site in Dammam.
Simonelli said, “With today’s announcement, we have entered a new and important phase of our partnership in the kingdom and are delighted that our partners from Saudi Aramco are here to celebrate with us. With this manufacturing expansion we are delivering on our promise to be able to bring more advanced manufacturing capacity to the kingdom and to employ more talented Saudis.”
Qasem added, “This expanded manufacturing facility is a great demonstration of GE Oil & Gas’ commitment to local manufacturing in Saudi Arabia.”
The expansion is a part of GE’s commitment to achieve the goal of 70 per cent localisation in the kingdom through strengthening local manufacturing, supply chain, service capabilities and talent development.