Dammam, Saudi Arabia: National Petroleum Construction Company (NPCC), a part of Senaat Abu Dhabi, has committed to strengthening its presence in Saudi Arabia as well as doubling the number of jobs created for Saudi professionals. This was announced as part of its participation at the iktva (in-Kingdom Total Value-Add) Forum and Exhibition 2020, organised by Saudi Aramco on Feb. 24 & 25 at the Dhahran Expo Centre. NPCC is the Platinum Sponsor of the key event that brings together Saudi Aramco and its suppliers to enhance the local supply chain.

NPCC has a long-term presence in the Kingdom and is a strong partner of Saudi Aramco, having signed a Long-Term Agreement in 2016, which led to working on 12 major projects that are valued at over SAR 6 billion. In end-2019, NPCC recently won three new contracts in the Kingdom to deliver its wide range of services including detailed engineering, fabrication, manufacturing, procurement and commissioning of 12 jackets and 12 topside structures of various types. The services also include extending over 240 km of subsea cables, laying almost 20 km of pipelines and conducting 20 upgrades for existing platforms.

At iktva 2020, NPCC highlighted its plans to strengthen its localised manufacturing capabilities that adds further to Saudi Aramco’s iktva programme. NPCC, which currently has 155 Saudi national employees, aims to double the team this year, which supports the goals of Saudi Vision 2030 to create rewarding career opportunities for young Saudis.

Eng. Ahmed Al Dhaheri, CEO of NPCC, said: “Saudi Arabia is one of our strategic markets and we see tremendous opportunity to strengthen our presence and partnerships in the Kingdom through our in-Kingdom presence and our focus on supporting the economic diversification goals outlined in Saudi Vision 2030. As a global engineering, procurement and construction (EPC) major for the energy sector, our goal is to create exceptional value for our partners, such as Saudi Aramco, and we see iktva as a strong roadmap to enhance our value-add to the local economy. In addition to providing EPC services to our clients, we will also explore opportunities to nurture Saudi talents and strengthen the energy supply chain through our differentiating strengths as an energy EPC company.”

NPCC will also leverage the iktva Forum and Exhibition to explore opportunities for collaboration and engagement with companies in the energy sector supply chain. The event had welcomed 4,000 participants representing 1,000 companies from 40 countries, and this year, the scale is set to be bigger. iktva, which was launched by Saudi Aramco in 2015, aims to reach 70 per cent local content, increase exports of Saudi-made energy goods and services, and create thousands of technical and professional jobs. NPCC’s investments in the Kingdom will contribute to achieving these goals.

With a strong five-year execution plan for the Kingdom in place, NPCC leverages its strengths and capabilities in adapting to Saudi Aramco’s specific processes and requirements necessary to deliver customised services. Striving to be an EPC Contractor of choice by Saudi Aramco, NPCC focuses on competitive pricing and time-bound delivery by drawing on its innovative approaches to EPC and technology strengths.

Among key projects in the Kingdom by NPCC include contracts won for A/B Pipeline, Berri and Marjan fields and wellhead platforms for Zuluf and Safaniya fields. With its focus on delivering the highest standards in environment, health and safety, NPCC has won the Saudi Aramco HSE Award in addition to the British Safety Council’s Sword of Honour Award.

-Ends-

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.