Page 13 - MEOG Week 05 2022
P. 13

MEOG                                       NEWS IN BRIEF                                              MEOG







       Ampo signs valve deal with          with minimum operating and maintenance   Saudi energy company.
                                                                                  Aramco’s strategic IKTVA programme
                                           costs for the most critical applications.
       Aramco                              to the overall valve manufacturing eco-system,  maximise long-term economic growth and
                                                                                aims to drive domestic value creation,
                                              In addition, this investment will contribute
       Ampo Poyam Valves has recently signed a   supporting current and future suppliers in   diversification, and build a world-class supply
       Corporate Procurement Agreement (CPA)   Saudi Arabia and the GCC region.  chain that facilitates the development of a
       with Aramco covering partnership on the   Ampo Poyam Valves, together with Dar   diverse, sustainable, and globally competitive
       development and supply of highly engineered   Massader Group, established Ampo Aabia, a   energy sector in Saudi Arabia.
       valves as well as ad-hoc and highly added   joint local subsidiary for the manufacturing   Through this long-term agreement, Ampo
       value services.                     and servicing of highly engineered valves   Poyam Valves will become a strategic partner,
         The deal also provides for rendering   in the region, and it is almost ready to   sharing the Kingdom of Saudi Arabia’s Vision
       technical support in start-up stages,   commence manufacturing as early as the first   2030 and its IKTVA programme, and aligning
       commissioning, engineered solutions,   quarter of 2022 in Dammam 2nd Industrial   its future to become part of the local industrial
       equipment selection, preventive, and   City in the Eastern Province of Saudi Arabia.  cluster in KSA.
       predictive maintenance, troubleshooting   Ampo has been in Saudi Arabia since 1998   Ampo Poyam Valves is well known for
       and training. Further, this partnership will   and during all those years it has supplied   having the most reliable and safest valves in
       support technology joint-development of new   more than 20,000 valves for strategic projects   the market, and is backed by nearly 60 years of
       solutions relevant to Aramco’s operational   such as Marjan Field Expansion, Berri Field   experience, technology, know-how, references,
       needs.                              development, South Berri Water Injection   operating time of the valves and a fully in-
         Ampo Poyam Valves, through its new local   Plant, Upgrade Water Disposal Facilities at   house manufacturing process that starts from
       manufacturing and servicing plant Ampo   Qatif and Abqaiq Water Injection Project,   its own foundry.
       Arabia, will help Aramco in its local content   amongst others. From now on, however,   Moreover, Ampo Poyam Valves has
       programme, becoming a key industry player   valves will be manufactured and locally   also one of the widest ranges of valves and
       and providing highly engineered gate, globe,   supplied from Ampo Arabia, covering   solutions in the market and is always at the
       check, ball, butterfly, lift plug, switch plug and   applications in the oil, gas, petrochemicals,   technological forefront, with cutting edge
       angle valves and Integrated Smart Solutions to   chemical, water, mining, and power sectors.  technologies and a significant engineering
       the world leading company.             The deal was signed during the 6th edition   team dedicated to the development of new
         This extensive range of solutions will offer   of the In-Kingdom Total Value Add (IKTVA)   products, technologies, systems, and solutions.
       the highest level of reliability hand in hand   Forum and Exhibition hosted by the leading   AMPO

















































       Week 05   02•February•2022               www. NEWSBASE .com                                             P13
   8   9   10   11   12   13   14   15   16