GulfTek

GulfTek is one of the largest manufacturers of engineering equipment in Saudi Arabia. It has an engineering and R&D team with extensive expertise, capable of designing and producing API and DNV certified products such as valves, flowlines, manifolds, offshore baskets and skids. Additionally, the team provides top-notch engineering services, including recertification, rental services and static and rotating equipment services.

Diverse manufacturing licences: Gulftek holds the highest number of API manufacturing licences in the Middle East and Europe, along with certifications from DNV and ASME U & R

Comprehensive product range: Its highly engineered equipment spans four key categories: drilling rig structures and masts, downhole tools and OCTG equipment, valves and pressure control equipment, and instrumentation fittings and flowmeters, offering a comprehensive solution portfolio tailored for the production and drilling industry.

Strategic focus on EPC companies: Gulftek strategically targets EPC companies as its major clientele, fostering long-term partnerships through contractual commitments to supply top-quality products and services.

Localised manufacturing expertise: Beyond flowmeters and instrumentation, the company excels in the local manufacturing of API Spec 6A gate valves and drilling rig components, traditionally supplied by international manufacturers. This enhances efficiency and responsiveness to market demand.

Saudi Aramco support and IKTVA differentiation: With the support of Saudi Aramco, Gulftek benefits from a facilitative environment for companies to establish themselves locally, aligning with Saudi Vision 2030. The In-Kingdom Total Value Add (IKTVA) initiative is a significant differentiator, underscoring market size and business opportunities for the benefit of the broader business community.

Key features of Gulftek’s newly opened facility:

• Gulftek becomes the first company in Saudi Arabia to manufacture flowmeters
• Adds 23,000 square metres, bringing Gulftek’s total production space to an impressive 45,000 square metres within Saudi Arabia
• In addition to the current USD 20-million investment, Gulftek plans to inject an additional USD 30 million over the next five years.
• Inclusion of a forging mill, scheduled to commence operations in 2024