Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Saudi Deputy FM meets Lt. Gen. Al-Burhan of Sudan    Al-Khateeb: Saudi Arabia is the largest global investor in tourism sector "Saudi Land" pavilion inaugurated at World Travel Market in London    Saudi Crown Prince, Japanese PM discuss over phone efforts made to achieve peace in the region    Saudi Arabia, in its drive to enrich Arab culture, launches Arab Week at UNESCO in Paris    Neymar exits Al Hilal match with muscle injury, leaving fans disappointed    AlHisn Big Time Studios unveiled to transform film and TV production in Riyadh    Saudi Arabia approves cooperation agreement with US for the use of outer space for peaceful purposes    Quality of Life Program CEO highlights Saudi urban transformations at UN-Habitat conference in Cairo    Almarai wins 'Best Corporate Sukuk' at Asset Triple A Islamic Finance Awards    Top climber falls to death after rare Himalayan feat    US voters flying home in time for election    Drones and snipers on standby to protect Arizona vote-counters    India's Modi condemns violence after Canada temple incident    Elon Musk can keep giving $1m to voters, judge rules    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Quincy Jones, titan of US music, dies aged 91    Hidden sugars in Asia's baby food spark concerns    HONOR unveils pre-order of the stunning HONOR MagicBook Art 14 Featuring an ultra-slim design, HONOR Eye Comfort Display and AI Cross-OS WorkStation    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GE Oil & Gas completes first phase expansion
Published in The Saudi Gazette on 10 - 11 - 2015

General Electric Oil & Gas completed on Sunday the first phase expansion of what will be GE's largest advanced manufacturing facility in the region. This expands capacity of the current manufacture of advanced pressure control technology, testing and repair services, as well as promoting job creation for Saudi nationals through a three-fold increase in the workforce, which builds on 70% Saudization in Dammam. The expansion forms part of GE's commitment to achieve the goal of 70% localization in the Kingdom through strengthening local manufacturing, supply chain, service capabilities and talent development.
Supporting the Kingdom's vision to boost domestic manufacturing and exports, the expanded facility will serve as a center for the supply of ‘Made in Saudi' equipment for Saudi 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.
The 10,500 square meter 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 2nd Industrial City, Dammam. It expands on an existing Pressure Control manufacturing facility with output capacity now three times the original. The in-progress additional development phases at the ‘One GE Oil & Gas' MODON site will extend manufacturing and services capabilities across the GE Oil & Gas portfolio including Measurement & Control, Subsea Systems, Turbomachinery and Artificial Lift.
"The significance of this expanded GE facility lies not only in the services it will provide Saudi Aramco and the Kingdom's wider energy sector, but also the degree to which the Kingdom appeals to investors such as GE," Amin Nasser, president and CEO, Saudi Aramco, said at the inauguration event.
Lorenzo Simonelli, President & CEO, GE Oil & Gas said: "This is a proud moment for GE as we continue our legacy of supporting Saudi Arabia's oil and gas sector, dating back to the 1930's. 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."
Rami Qasem, President & CEO, GE Oil & Gas for Middle East, North Africa and Turkey added: "This expanded manufacturing facility is a great demonstration of GE Oil & Gas' commitment to local manufacturing in Saudi Arabia. — SG


Clic here to read the story from its source.