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Halliburton opens chemical reaction plant in Saudi Arabia

US-based energy major Halliburton, a global energy company, has opened the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a range of chemicals for the oil and gas value chain as well as many other industries. ....

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Schlumberger to roll out valves production line in Saudi Arabia as Aramco relationship deepens

US oilfield services company Schlumberger will open a valves production facility at King Salman Energy Park, also known as SPARK, on Jan. 31 through its subsidiary company, Cameron. The firm already produces some of its materials in Saudi Arabia, including downhole tools, drilling chemicals, screens and valves. Speaking to Arab News on the sidelines of the In Kingdom Total ....

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Localizing industries is the key to resilience, so how can we speed it up?

When global transport networks were hit in the early days of the COVID-19 pandemic, many industries suffered. Global supply chain bottlenecks, across many industries, drove home the importance of localization and served as a catalyst for change. Those which thrived, at least in Saudi Arabia, were the industries that had higher localization levels. The plan to localize ....

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