Baker Hughes opens Saudi Arabia drill bit manufacturing plant

Press release
Published March 21st, 2011 - 07:52 GMT

Baker Hughes announced today that its new drill bit manufacturing plant in Saudi Arabia is fully operational and delivering industry-leading polycrystalline diamond compact (PDC) bits to the Saudi Arabian and Middle East markets. This modern drill bit plant consolidates all the manufacturing processes for PDC bits in Saudi Arabia. At full capacity, the facility, an integral part of the Baker Hughes super base in Dhahran, will employ approximately 80 people.

“Proximity to markets and customers is critical to ensuring client alignment and fit-for-purpose products,” says Art Soucy, vice president of supply chain for Baker Hughes. “Saudi Arabia and the Middle East are key markets for Baker Hughes and, after several years of successfully assembling drill bits in Saudi Arabia, we took the next logical step of manufacturing bits from raw materials. The investment underscores our commitment to diversify our manufacturing footprint to better serve our global client base.”

Khaled Nouh, president of Middle East operations for Baker Hughes, says, “Baker Hughes has provided solutions to clients in the Middle East, and specifically Saudi Arabia, for over 70 years – dating back to the drilling of the famous first discovery well, Dammam #7. We have demonstrated our commitment to the Saudi market, opening our new integrated base last year and now the new drill bit manufacturing plant, which offers further employment opportunities for the Saudi workforce. We welcome this opportunity to be part of Saudi Aramco’s continued leadership in developing the oil and gas reserves of Saudi Arabia.” 

Background Information

Baker Hughes

Baker Hughes, a GE company (NYSE:BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. Drawing on a storied heritage of invention, BHGE harnesses the passion and experience of its people to enhance productivity across the oil and gas value chain. BHGE helps its customers acquire, transport and refine hydrocarbons more efficiently, productively and safely, with a smaller environmental footprint and at lower cost per barrel. Backed by the digital industrial strength of GE, the company deploys minds, machines and the cloud to break down silos and reduce waste and risk, applying breakthroughs from other industries to advance its own. With operations in over 120 countries, the company’s global scale, local know-how and commitment to service infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world.

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