The American multinational conglomerate, Honeywell has launched a new production facility in Saudi Arabia to offer state-of-the-art infrastructure for the manufacturing and assembling of natural gas and liquid fuel solutions.
The new facility has been developed as part of a Joint Venture (JV) partnership between Honeywell’s Elster Instromet Saudi Arabia with the country’s leading total solutions provider, GAS Arabian Services.
One of the key features of the new production facility is the use of Elster precision solutions, a portfolio of Honeywell solutions that include extensive, end-to-end technologies for gas and liquid metering, as well as control applications for the oil and gas industry.
Through this new facility, Honeywell will provide both skids and stations solutions, along with automation and control systems. Honeywell is primarily using the new facility to service the approved solutions for Saudi Aramco.
The launch of the new production facility comes in line with the Memorandum of Understanding (MoU) signed between Honeywell and Saudi Aramco in 2017, which included Honeywell undertaking commercial efforts to assist Saudi Aramco in achieving the goals of the In-Kingdom Total Value Add (IKTVA) Program.
The IKTVA Program aims to achieve 70 percent localization of production and jobs, supporting the goals of Saudi Vision 2030. The new facility will support these objectives by creating production jobs for Saudi nationals, which leads to enhanced local skills and capabilities for future developments.
George Bou Mitri VP & GM Honeywell PMT Middle East
“Honeywell has been serving the Saudi Arabian market with instrumentation, control systems and advanced application solutions for many decades. The new facility will help drive knowledge transfer and support the creation of highly-skilled roles. Our solutions will support the oil and gas sector domestically and across the region by increasing reliability, decreasing maintenance costs and driving future growth.”
Located in the Royal Commission area of Jubail, the facility includes a 2,000 square meters workshop and more than 1,000 square meters in office space for handling in-Kingdom projects, including manufacturing and assembling. The facility will mainly cater to the Saudi Arabian market, GCC countries and in the future, it will support other projects globally.
Honeywell plays a key role in advancing the development of Saudi Arabia’s industries and successful long-term careers through the introduction of training programs, partnerships and facilities that aid the country’s transformation to a knowledge-based economy.
Thank you very much for choosing GCC Business News to be an important part of your professional life. You will receive a confirmation e-mail. Please check SPAM or UPDATES folder
