Sawafi Borets, a joint venture of Sawafi Al-Jazeera Oilfield Products & Services and Russia’s Borets International, has broken ground on a 21,000m2 headquarters and production facility in the King Salman Energy Park (SPARK) of the Eastern Province of Saudi Arabia.

The facility, which is expected to begin operations next year, will serve as Sawafi’s hub for the manufacture, testing and service of submersible pump systems.

The core aspect of this facility is an assembly line that will have an annual production capacity of 500 electrical submersible pumps (ESP).

This facility will staff 100 employees, who will provide advanced testing and associated services.

Alturki Holding president & CEO Rami Alturki said: “We are extremely excited to announce that construction has begun on the Sawafi Borets manufacturing, distribution, testing and services center at SPARK.

“This milestone Sawafi Borets facility will provide Alturki with the opportunity to create more value locally, offering new opportunities for young Saudis and allowing us to further contribute to the reliable and efficient production of the Kingdom’s natural resources”.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

SPARK president & CEO Saif Al Qahtani said: “We welcome Sawafi Borets as it launches this exciting new facility. We are proud that the world’s leading producer of ESPs has embarked on a JV with a global leader in upstream technologies right here at SPARK.

The facilities to be developed are enabled by world-class infrastructure, logistics and support services, and the park’s ecosystem makes it especially easy for investors and tenants to get their businesses underway efficiently.”

Earlier this month, ESP systems supplier Sawafi Borets was awarded a multi-year contract by Al-Khafji Joint Operations (KJO) for the supply, deployment, and maintenance of submersible pumping systems.

———————————————————————————————————————

The facility is expected to begin operations next year. (Credit: Alturki Holding.)