News & Announcements
March 2019 and ongoing
OSC’s new manufacturing facilities are nearing completion in Dammam, KSA (located very close to Dammam Airport) where we shall manufacture pressure vessels, skid mounted packages, heat exchangers and other engineered products together with downhole tools and equipment for the Saudi market. This initiative is being driven by the need to enhance the company’s IKTVA (in-Kingdom Total Value Added).
OSC has established a subsidiary in USA and we have acquired facilities near the George Bush Intercontinental Airport in the north of Houston. Currently undergoing “fit-out” of the offices and workshops and will be ready for business within the next 2 months. More information will be available on the subsidiary’s new web-site currently under development.
December 2017 and ongoing
OSC has signed a Memorandum of Understanding with Saudi Aramco to lease and develop a 1.5 million m2 site within its upcoming King Salman Energy Park to incorporate the company’s common user supply base thus dramatically increasing the company’s footprint in the Kingdom.
(See Project Updates).
March 2019 – King Salman Energy Park – Saudi Arabia
Preliminary designs have been drawn up by the company’s project design firm for the King Salman Energy Park (also known as “SPARK”) in the Eastern Province of the Kingdom of Saudi Arabia.
March 2019 – OSC’s TechnoPark facilities
OSC has recently completed the construction of bespoke facilities within OSC’s TechnoPark facilities for Weatherford who will be relocating there shortly.
OSC Manufacturing Hub
This project is completed at the Dubai Industrial Park and we have relocated one of our largest manufacturing units to the new manufacturing facilities and this phase has been completed in the fourth quarter 2017.