Schlumberger Sets Up Shop in Saudi Arabia
Schlumberger has opened a new reservoir completions manufacturing center in Dammam, Kingdom of Saudi Arabia. The new center, located in the Dammam Industrial City represents an investment of approximately $25M in state-of-the-art manufacturing equipment, facility lease and inventory and houses a team of design and manufacturing engineers specialized in the production of customized downhole reservoir completions equipment. More particularly, the center provides a collaborative environment in which joint oil company and Schlumberger teams can develop and manufacture completions solutions for applications across the range of reservoir types found in the Kingdom of Saudi Arabia and the Middle East.
During the inauguration ceremony, Mr. Zuhair A. Al-Hussain, vice president of the Saudi Aramco Drilling and Workover Department remarked, "I congratulate Schlumberger on this investment which emphasizes that you take your investment in technology at the local level here in Saudi Arabia very seriously, as well as your corporate social responsibility to develop local talent that is aligned with that of Saudi Aramco as the national oil company of Saudi Arabia."
Manufacturing operations will begin with a number of products for immediate application in Saudi Arabia. These include single wire-wrapped screens with a unique shrink-fit design, inflow control devices for production wells, and injection control devices to control the profile of water injection wells. Many of these technologies have already been successfully installed based on joint efforts between Saudi Aramco and Schlumberger to achieve maximum reservoir contact and associated production goals.
Commenting on the opening, Doug Pferdehirt, president of Schlumberger Reservoir Production group remarked, "In support of our customer’s objective to seek maximum reservoir contact, we are excited about the opening of a facility that will provide the equipment to optimize production in long horizontal wells and to maximize reservoir recovery using novel completion concepts. With this plant Schlumberger is extending its commitment to Saudi Arabia through the development of human resources, customized manufacturing and joint research and technology projects."
The center is the first true manufacturing facility of its kind in Saudi Arabia. As part of the global Schlumberger technology organization, the center will draw on expertise and support from the company’s worldwide network of 20 research and engineering facilities in 12 countries. In addition, the nearby Schlumberger Dhahran Carbonate Research Center will be available to provide key technology insight and support.
Operates 44 Offshore Rigs
- Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt - Oil Mnstr (Nov 14)
- RIA: Moscow, Riyadh Agree To Explore Aramco Taking Part In Novatek Project (Nov 13)
- Aramco Expects To Boost Capital Spending By About 10% (Nov 09)
Company: Schlumberger more info
- US Oil Service Firms Face Hit from Venezuela Debt Restructuring (Nov 06)
- Halliburton Posts International Revenue Growth, Unlike Schlumberger (Oct 23)
- Top Oilfield Services Firms Signal Fourth-Quarter Uncertainty (Oct 20)