National Oilwell Varco announced it has broken ground on two manufacturing plants that will significantly strengthen the company’s market-leading positions in providing composite pipe technologies and tubular coatings within Saudi Arabia. Both facilities will be located at MODON 3 near the city of Dammam.
NOV has provided comprehensive tubular services to customers in Saudi Arabia for more than 40 years. The investment in a state-of-the-art 130,000 ft² facility will expand NOV’s legacy Tuboscope pipe inspection, repair, threading, and machining services to include internal and custom coating capabilities and the Company’s proprietary TK liner platform. NOV’s comprehensive coating capabilities, covering pipe from 2 to 24 in., will allow customers to extend the life of their pipe, enhance production, and decrease nonproductive time. The TK liner platform of glass-reinforced epoxy (GRE) coatings will cover pipe from 2 to 9 ⅝ in., providing customers in Saudi Arabia access to a new technology that extends the life of pipe. NOV will also provide customers with full life-cycle management of drill pipe through the TracID platform, which utilizes proprietary RFID technology.
Additionally, NOV is constructing a new, state-of-the-art manufacturing facility that will provide the Company’s market-leading composite pipe technology to the MENA region. The 260,000 ft² facility will establish NOV as Saudi Arabia’s first local manufacturer of high-pressure spoolable composite pipe. The operation will become part of NOV’s global network, supplementing a team of experts that provide lightweight, corrosion-resistant, engineered solutions from 12 existing manufacturing facilities around the world. The manufacturing complex will produce spoolable and jointed pipe, including the flagship line of Fiberspar spoolable products, STAR GRE high-pressure line pipe, and downhole tubing and casing.
Both facilities are expected to be operational in first quarter of 2018.