TechnipFMC Launches New Middle East Facility
- Business & Finance
TechnipFMC has officially opened its Surface International Facility in ICAD II as part of its investment in the UAE to deliver local solutions that extend asset life and improve returns for ADNOC.
The opening of the 18,000 m2 facility, located in Abu Dhabi’s Industrial City 2, was officiated by Doug Pferdehirt, CEO of TechnipFMC.
It is the largest and most complete facility in the Middle East, consolidating an existing facility in Abu Dhabi and complementing an engineering office in Abu Dhabi and a strategic distribution hub in the Jebel Ali free zone.
The new plant, valued at an excess of USD 25 million, is part of a program to strengthen TechnipFMC capabilities in the Surface International business, but also provides a very solid platform for TechnipFMC to be able to grow its integrated offerings into the Middle East, including multiple product lines and aftermarket services that are key to the strategy.
“This investment will enable us to increase our support of Abu Dhabi National Oil Company (ADNOC) and other customers taking on logistical services and in fully refurbishing used equipment in-country, managing all critical processes in-house. The launch of this ICAD Facility is not only an important milestone in enhancing our scope, but it also positions us to respond to the expected increase in ADNOC activity in 2018 and beyond,” said Richard Alabaster, TechnipFMC’s President Surface.
The new facility should offer a broader range of capabilities in-country, supporting the full TechnipFMC portfolio with its high technology equipment in the Drilling, Completion, Production and Pressure Control segments. The facility includes a fully developed training centre, high-pressure hydraulic and gas testing capabilities, state of the art cladding and machining technology and one-stop shop for customer equipment storage, preservation, preparation and make-up for mobilization to the field.
“The facility will provide employment for 140 employees and is also designed to allow for extensions to further expand capabilities in the future. Currently we have built out 40 percent of the site,” added Richard Alabaster.