king salman energy park (spark) - arabia saudita...aramco overseas company: public we invite you to...
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Aramco Overseas Company: Public
King Salman Energy Park (SPARK)“To Enable Saudi Arabia to be The HUB for
Energy Sector Support Industries”
Aramco Overseas Company: Public
We invite you to be part of our success story
• Commitment ─ KSA 2030 Vision & IKTVA’s 70% localization by 2021
• ─ Saudi Aramco IKTVA’s program (70% localization by 2021)
• Focus – Energy Sector
• Potential ─ Strong KSA Economy
• Opportunity ─ Sustainable demand
• World Class ─ Development & Operation
Aramco Overseas Company: Public
Gateway to massive local & regional demand
$41BSaudi AramcoAnnual forecasted spending on energy goods & services
$170BGCCDemand for energy goods & services
Aramco Overseas Company: Public
Energy sector manufacturing and services focus areas
Upstream Downstream
Power
Petrochemicals
Water and wastewater
Aramco Overseas Company: Public
Prioritized opportunities –wide range of products & Services
Sector Analysis
Upstream
Downstream
PetrochemicalsConventional
Power
Water & Waste Water
Prioritized Opportunities
• Electronics & control systems
• Electrical components & systems
• Vessels & tanks
• Cooling systems
• Fluids processing equipment
• Valves
• Drill pipes and tubular goods
• Rotating equipment
• Completion & downhole
• Drilling Fluids & chemicals
• Energy Related Building materials
• Upstream services
• Enabling services
Aramco Overseas Company: Public
Current
localization
level
Raw materials
Metal shaping
MachiningAssembly &
testingDesign and engineering
Component mfg.
High potential for backward integration along the value chain
Low High
• High value added
• High GDP contribution
• Low current localization
Opportunities to enhance the total value chain through
Backward Integration to capture maximum value
Aramco Overseas Company: Public
King Salman Energy Park is aligned with
Kingdom 2030 Vision and IKTVA objectives
New
Facilities
300 +
Annual
GDP
$6.0b
Tens of thousands of new jobs
Aramco Overseas Company: Public
King Salman Energy Park will offer comprehensive eco-system
One
Stop-Shop
Specialized
training
centers
Commercial
&
residential
Shared
ServicesLogistics
& Dry port
World-class
infra-
structure
Aramco Overseas Company: Public
Strategic Location
• At the heart of Energy Sector operations
• Between two major sources of local workforce:
Dammam & Al-Hasa areas
• Proximity to major highways, railways and ports
o King Fahad International Airport
o King Abdul-Aziz Seaport
o GCC Highway & Railway
• Close proximity to reach out all GCC Countries
SPARK
Aramco Overseas Company: Public
Fully integrated industrial hub adopted the clustering approach
Industrial Zones
Metal
Processing
Elect. &
Instrumentation
MFG.
General
Manufacturing
Services
Fluids & Chem.
Mixing
Building
Materials
Master Plan
Aramco Overseas Company: Public
Fully integrated industrial hub adopted the clustering approach
Industrial Zones
Logistics Zone
Commercial
Area
Specialized
Training
Livable Community
Residential Area
Metal
Processing
Elect. &
Instrumentation
MFG.
General
Manufacturing
Services
Fluids & Chem.
Mixing
Building
Materials
Master Plan
Aramco Overseas Company: Public
Fully integrated industrial hub adopted the clustering approach
Master Plan
Total Area 50 Km2
Industrial Zones
Logistics Zone
Commercial
Area
Specialized
Training
Livable Community
Residential Area
Metal
Processing
Elect. &
Instrumentation
MFG.
General
Manufacturing
Services
Fluids & Chem.
Mixing
Building
Materials
Aramco Overseas Company: Public
Key Enablers
Dry Port
Logistics park
Dry Port & Logistics Area
Master Plan
Aramco Overseas Company: Public
Saudi Aramco Hub
Drilling & Workover
Master Plan
Key Enablers
Aramco Overseas Company: Public
Master Plan
Specialized Vocational Institutes
Key Enablers
Aramco Overseas Company: Public
Master Plan
• Efficient superblock
• Adequate collector road
• Ready to connect utilities
Flexible design to accommodate all required plot sizes and utilities
Aramco Overseas Company: Public
Construction Started
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