Home Precision Machining for Oil & Gas Operations

Precision Machining for Oil & Gas Operations

Opportunity overview

Providing precision machining services in order to shape large/small pieces of material into a state-of-the-art precise parts, so that they can meet very exact specifications. This process involves cutting, milling, turning, etc.

Invest in Saudi Arabia’s energy sector by establishing a precision machining operation. This high-potential opportunity aims to support the country’s ambitious localization goals, address supply gaps, and cater to growing demand across the oil, gas, petrochemical, and industrial sectors.

Key details

Investment Size :

USD 150 million

Capacity :

4,500 orders annually

Expected Returns :
  • Internal Rate of Return (IRR): 12%
  • Payback Period: 9 years
Impact :
  • Job Creation: 400–500 positions
  • Cumulative GDP Impact: USD 3.7 billion

Location

Eastern Province, a hub for oil and gas development, petrochemical expansion, and industrial growth.

Market Drivers

  • Increasing upstream activities, petrochemical expansions, and large-scale development projects (Giga Projects).
  • Strategic shift toward local content and import replacement to strengthen supply chain continuity.

Why Invest in Saudi Arabia ?

  • Cost-competitive advantages: low logistics, land, utilities, and labor costs.
  • Strong government support through subsidies for land, energy, labor fees, and taxes.
  • Proximity to growing markets in MENA, GCC, and Africa.

Additional Highlights

  • High localization potential with scalable opportunities across value chains.
  • Strategic alignment with Saudi Arabia’s energy and industrial development goals.
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