GE opens energy technology centre in Saudi
Dammam, June 1, 2011
US-based General Electric (GE), the leading advanced technology and services company, has opened its new manufacturing technology centre in Dammam.
The GE Energy Manufacturing Technology Centre offers dedicated service to the energy value chain in the wider Middle East region, Europe and Africa with advanced energy technology services and manufacturing.
GE also announced an additional investment of over $150 million for a regional manufacturing hub of equipment for the energy industry, taking the total investment in the GE Energy Manufacturing Technology Centre to $250 million.
The hub will support more than 2,000 GE jobs, in addition to catalyzing the growth of ancillary industries that support the facility.
“As part of GE’s commitment to Saudi Arabia, we are looking forward to this high quality integrated service facility where GE can repair advanced technology gas turbine-related parts locally, rather than send them out of the country, to save time and cost,” said Ali Saleh Al Barrak, president and CEO of Saudi Electricity Company (SEC).
“We are also pleased to see the realization of GE’s promise to expand the training of young Saudis and giving them the opportunity to know more about the operation and maintenance of the GE units with the advanced training centre. We look forward to the future of more cooperation and partnership with GE.”
Khalid A Al-Falih, president and CEO of Saudi Aramco, added: “Saudi Aramco and GE enjoy a long-standing relationship that spans nearly eight decades; and GE’s successful heritage in Saudi Arabia spans the entire spectrum of the energy industry.”
“GE has acquired a stellar reputation for their technology and innovation. We are pleased to see GE’s interest in pursuing industrial investments and presence in the Kingdom, which further supports Saudi Arabia’s oil and gas industry as well as the job creation and economic diversification goals of the Kingdom,” he added.
Mohamed H Al-Mady, vice chairman and CEO of Saudi Basic Industries (Sabic), said: “Sabic and GE share a global pedigree and enjoy a long standing relationship that spans many decades. Their historical success in Saudi Arabia has encapsulated the full spectrum of the energy industry. GE has acquired a stellar reputation for their technology, innovation and investment in the markets they inhabit.”
John Krenicki, vice chairman, GE said: “As Saudi Arabia forges ahead with its ambitious development plans, the opening of the Energy Manufacturing Technology Centre underscores GE’s commitment to be closer to our customers who trust us to deliver the latest technologies and services across the full spectrum of the energy landscape.”
The new technology centre is developed in association with Ali A Tamimi Company, GE’s long-term joint venture partner.
Tariq Tamimi, president, Ali A Tamimi, said: “We see this new centre as a regional hub for the energy industry which will effectively complement and boost current energy service capability. The Dammam facility will provide localized support in all engineering and commercial aspects, which is important for long-term sustainability.”
The core capabilities of GE Energy Manufacturing Technology Centre include manufacturing of high technology equipment for power, water, industrial and oil and gas sectors, increased service and repair capabilities and expanding GE’s training commitment in Saudi Arabia. – TradeArabia News Service