Dynamic Industries cleared to work in Saudi Arabia
- Business & Finance
Dynamic Industries International LLC. (Dynamic), a full service brownfield construction, fabricator, hook-up and commissioning contractor to the global offshore oil and gas industries, announced today that their Saudi Arabian office has received its license to operate from the Saudi Arabian General Investment Authority (SAGIA).
Alan Hoover, International Business Development for Saudi Arabia said, “In continuation of Dynamic’s global expansion strategy, our Saudi team is proud to announce that Dynamic Industries International – Saudi Arabia, received its SAGIA license. The expansion into Saudi Arabia has been a challenging and arduous journey, one that emphasizes Dynamic’s long-term vision of establishing itself as the preeminent international offshore contractor with a presence that spans the globe. Our accomplishment would not have been possible without the support and hard-work of our team along with our Joint Venture partner, Bandariyah International Company.”
The license grants Dynamic the opportunity to capitalize on Saudi Aramco’s massive offshore Brownfield construction and maintenance opportunities. The offshore construction market in the Middle East proves to be one of the most promising markets in the offshore sector, during the next decade and beyond. Dynamic Industries International LLC intends to capitalize on this emerging market by establishing a reputation as the most dependable offshore contractor in the region.