SPARK offers a comprehensive ecosystem with world-class infrastructure, logistics and a dry port, shared services, a commercial and residential area and highly specialized training centers. The new BHGE facility will be an operational and service support center, complementing the founding objective of SPARK to serve as a global hub for energy-related manufacturing services. BHGE’s new oilfield services facility is a significant step in this direction, which not only meets our operational needs but will also contribute to the larger Saudi economy through exports and job creation.”, Lorenzo Simonelli, chairman and CEO of BHGE, said: “We have been partnering in the Kingdom to support oil and gas growth since 1938. The new BHGE facility will be an operational and service support center, complementing the founding objective of SPARK to serve as a global hub for energy-related manufacturing services. Optimize your well operations with proven, comprehensive project management service and support. Industry-leading gas turbine technologies for mechanical drive and power generation (50/60 Hz). With over 2,700 employees in the country, BHGE has more than 10 facilities for manufacturing, maintenance and R&D in the Kingdom. The SPARK facility will help to support projects and future growth with Saudi Aramco, and further contribute to the In-Kingdom Total Value Add (IKTVA) program through partnerships with local suppliers and other businesses. Keep supporting great journalism by turning off your ad blocker. Our culture promotes and encourages employees to act with integrity, responsibility, and compliance every day. Providing ultra-high energy efficiency for cryogenic and waste-to-value applications. The facility will support ongoing customer activities for drilling services, wireline services and pressure pumping. BHGE has a large presence in Saudi Arabia in both manpower and manufacturing operations. We encourage investments in localized infrastructure that will support our operational processes and also contribute to in-Kingdom total value creation.

Ahmed Mousbah, vice-president, MENAT, Oilfield Equipment at Baker Hughes, said, “The new wellhead assembly, repair and service facility in Abu Dhabi further underlines our commitment to be closer to our customers and to create In-Country Value through enhanced local capabilities. ... One of the project's initial partners is Baker Hughes, a GE company, which will build an oilfield services facility in SPARK. Baker Hughes, a GE company (NYSE:BHGE) announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia. Beat the day-versus-depth curve with reliable technology. Work has already begun on the first phase of the facility, which is expected to open at the end of 2019. Leverage precise geological models to optimize your asset development—from one well to the full field. More information related to Baker Hughes. The King Salman Energy Park (SPARK) has completed 60% of its first phase which consists of infrastructure, roads, utilities, and real estate assets established across 14 km, in addition to a dedicated 3 km 2 logistics zone and dry port. Mohammed Y. Al Qahtani, senior vice president of Upstream at Saudi Aramco, said: “Developing in-Kingdom competencies that will strengthen the pillars of Saudi Vision 2030 and support a robust oil and energy supply chain is a top priority for Saudi Aramco. The new facility will support ongoing customer activities for three OFS product lines—drilling services, wireline services and pressure pumping - ensuring high-quality service delivery and positioning BHGE for future growth in the region. Baker Hughes, a GE company, plans to build a new oilfield services (OFS) facility in King Salman Energy Park (SPARK), the company said in a statement on Tuesday. Intelligent completion systems & flow assurance, Integrated Intervention and Production Enhancement Solutions, Terminals, Blending, and Transportation Services, Pipeline Maintenance Services & Decommissioning, ICL Zero-Emissions Integrated Compressors, BB2 DVSHF/THF/DS-THF Radially Split Pumps, BB3 MSN/MSND Multistage Axially Split Pumps, BB5 DDHFM Radially Split Multistage Pumps, Dedicated to sound environmental practices, Policy advocacy and engaging with governments.

All Rights Reserved. Baker Hughes, a GE company announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia.The new facility will support ongoing customer activities for three OFS product lines—drilling services, wireline services and pressure pumping - ensuring high-quality service … "We encourage investments in localized infrastructure that will support our operational processes and also contribute to in-Kingdom total value creation. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world. Receive the latest breaking news straight to your inbox. BHGE plans to open the first phase of the facility at the end of 2019, and will reach full capacity by 2021 or 2022. SPARK will have a comprehensive ecosystem with world-class infrastructure, logistics and a dry port, shared services, a commercial and residential area and highly specialized training centers.

King Salman Energy Park (SPARK), a 50sqkm "energy city megaproject" in Saudi Arabia, is one of the Kingdom's most impressive endeavours into localisation so far. People are the key to achieving our vision of a cleaner energy future for everyone. This new facility will help build a new ecosystem for oilfield services within SPARK and support our commitments to invest in innovation, supply chain growth and training of new talent.”. King Salman Energy Park will create 100,000 jobs and contribute $6bn to economy, Leadership in transformation: BHGE CEO Lorenzo Simonelli on a changing industry, Saudi Aramco awards BHGE major well services contract for conventional fields, China loses its appetite: The impact of coronavirus, Exclusive: Saudi Aramco Energy Ventures CEO on its new $500mn fund, Saudi Aramco's profit plunges 25% on coronavirus pandemic, How to build resilience during the coronavirus pandemic. Smart solutions to help industry operate safely, securely, and efficiently while reducing costs.

Published by © 2020 ITP Media Group. We are committed to operating with sound environmental practices to protect the planet. A proven range of single and multistage, horizontally and radially split designs for long-term reliability in harsh conditions. “This new facility will help build a new ecosystem for oilfield services within SPARK and support our commitments to invest in innovation, supply chain growth and training of new talent,” said Lorenzo Simonelli, chairman and CEO of BHGE. Mohammed Y. Al Qahtani, senior vice president of Upstream at Saudi Aramco, said: “Developing in-Kingdom competencies that will strengthen the pillars of Saudi Vision 2030 and support a robust oil and energy supply chain is a top priority for Saudi Aramco. Visit us at BHGE.com. The facility will reach full capacity by 2021/22 and is envisioned to be a large facility and distribution center with specialized training capabilities. The facility will reach full capacity by 2021/22 and is envisioned to be a large facility and distribution center with specialized training capabilities. Reduce the time and cost of interventions, from well construction to abandonment. Dammam, Saudi Arabia (December 11, 2018): Baker Hughes, a GE company (NYSE:BHGE) announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia. Work has already begun on the first phase of the facility, expected to open by the end of 2019. The company has over 1,350 Saudi suppliers in its supply chain and has helped create over 5,300 indirect jobs. BHGE's footprint in the Kingdom includes an assembly, maintenance and overhaul workshop; a drill bits manufacturing facility that exports to over 40 countries; a completions and well intervention facility; a pressure control facility that is the largest and one of the most advanced by BHGE in the region with manufacturing done entirely in the Kingdom; the Dhahran Technology Center that has over 15 R&D projects and has filed over 30 patents; an artificial lift facility that partners with 120 local suppliers; a turbomachinery and process solutions facility; and one of the first and largest chemical blending plants in the Kingdom. We encourage investments in localized infrastructure that will support our operational processes and also contribute to in-Kingdom total value creation. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. SPARK offers a comprehensive ecosystem with world-class infrastructure, logistics and a dry port, shared services, a commercial and residential area and highly specialized training centers. The new facility will support ongoing customer activities for three OFS product lines—drilling services, wireline services and pressure pumping - ensuring high-quality service delivery and positioning BHGE for future growth in the region. ", “Developing in-Kingdom competencies that will strengthen the pillars of Saudi Vision 2030 and support a robust oil and energy supply chain is a top priority for Saudi Aramco," said Mohammed Y. Al Qahtani, senior vice president of Upstream at Saudi Aramco. Baker Hughes, a GE company (NYSE:BHGE) announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia. BHGE’s new oilfield services facility is a significant step in this direction, which not only meets our operational needs but will also contribute to the larger Saudi economy through exports and job creation.”. The SPARK facility will help to support projects and future growth with Saudi Aramco, and further contribute to the In-Kingdom Total Value Add (IKTVA) program through partnerships with local suppliers and other businesses. Baker Hughes, a GE Company ... BHGE also plans to build an oilfield services facility in Saudi Arabia’s King Salman Energy Park (SPARK), which will “support ongoing customer activities for three oilfield service product lines—drilling services, wireline services and pressure pumping,” Ibrahim says.

Safe operations, reduced downtime and maximum throughput. With over 2,700 employees in the country, BHGE has more than 10 facilities for manufacturing, maintenance and R&D in the Kingdom. Proven high-performance technology for all applications. The facility will serve the oil and gas upstream sector in Saudi Arabia, SPARK has announced, and manufacture downhole tools, gyroscopes and other oilfield equipment, adding to the energy value integration vision of Saudi Arabia and SPARK.. Also announced this month were plans for Al Khobar-based Target United Energy (TUE) to invest in new facilities dedicated to downhole tools …