NMDC Energy has entered into a strategic Memorandum of Understanding (MoU) with Baker Hughes, a global energy technology company based in the United States. This collaborative effort aims to explore opportunities that would enhance the localisation of Baker Hughes’ key products and solutions in Saudi Arabia.
By serving energy markets across the Middle East, North Africa, Turkey, and India (MENATI), the collaboration seeks to capitalise on the growing demand for energy services in the region, said a statement.
NMDC Energy will leverage its facilities, particularly its yards capabilities in Saudi Arabia, to focus on offshore products and associated services. This collaboration will enable the company to serve the dynamic offshore market effectively.
Notably, they will undertake an Emergency Pipeline Repair System (EPRS) project and establish a logistics base that provides solutions for offshore flexible pipeline systems. These solutions will cater to the KSA and the wider MENATI markets. It is important to note that this collaboration is separate from an MoU that NMDC Energy previously signed with Baker Hughes, which pertains to gas technology products.
NMDC Energy has actively engaged in collaborations with various international, regional, and UAE players during the recent ADIPEC conference in Abu Dhabi. These collaborations are part of NMDC Energy’s strategic efforts to expand its EPC services and meet the demands of the energy sector in the region.
Eng. Ahmed Al Dhaheri, Chief Executive Officer of NMDC Energy said, “NMDC Energy’s fabrication capabilities have drawn global players, particularly leading entities such as Baker Hughes, who share our vision of finding synergies that meet the evolving energy sector demands in the Kingdom and the wider MENATI region. As a strategic enabler of Saudi Arabia’s energy sector through global partnerships, NMDC Energy is committed to finding new pathways towards increased localization in the Kingdom, supporting economic growth, job creation, and diversification.”
NMDC Energy recently inaugurated its fabrication facilities in Ras Al Khair, Saudi Arabia, within the Ras Al-Khair Special Economic Zone. This 400,000sqm fabrication yard is designed to cater to both offshore and onshore projects, with an annual production capacity of 40,000t. Equipped with automation and digital systems, the facility offers comprehensive services, including full-spectrum fabrication, rigging, maintenance, and modularisation, for complex energy infrastructure.
NMDC Energy and Baker Hughes partner to localise offshore solutions in Saudi Arabia Middle East Construction News.
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