NOV Announces Opening of Regional Headquarters in Dammam, Saudi Arabia
2024年2月23日 - 6:34AM
ビジネスワイヤ(英語)
NOV Inc. (NOV), a leading provider of technology and equipment
for the global energy industry, announced the establishment of its
regional headquarters in Dammam, Saudi Arabia. The regional
headquarters further emphasizes NOV's commitment to the region and
to delivering exceptional products, services, and solutions to its
valued customers in this vital market.
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the full release here:
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Clay Williams, Chairman, President and
Chief Executive Officer of NOV and His Excellency Khalid A.
Al-Falih, Minister of Investment of the Kingdom of Saudi Arabia
(Photo: Business Wire)
Situated at the prestigious Dammam Asharqia Chamber Tower, the
facility will serve as a pivotal hub for NOV's operations in the
Middle East and will house a talented team of executive leadership,
engineers, and professionals’ functions. By consolidating these
crucial functions in Dammam, NOV aims to enhance operational
efficiency, foster closer collaboration with regional stakeholders,
and further strengthen its market position.
To commemorate the establishment of NOV’s regional headquarters,
a special ceremony was hosted by Excellency Khalid Al-Falih, the
Minster of Investment and attended by Mr. Clay Williams, Chairman,
President and Chief Executive Officer of NOV. The event, held in
Riyadh highlighted the collaborative efforts between NOV and the
Ministry of Investment, underscoring a shared vision for driving
economic growth, fostering innovation, and cultivating a thriving
energy ecosystem in the region.
“The decision by NOV to set up a regional headquarters in Saudi
Arabia is testament to the world-class infrastructure and human
capital in the Kingdom and its role as a leading international
energy hub. The contributions made through the regional
headquarters program are instrumental in bolstering Saudi Arabia’s
role as a catalyst in economic development across the Gulf and the
broader Middle East,” stated HE Khalid Al-Falih, Minister of
Investment.
"Eastern Province is an ideal location for NOV's regional
headquarters due to its strategic positioning within MENA, its
substantial presence in Oil and Gas operations, and its thriving
business environment," remarked Clay Williams, Chairman, President
and Chief Executive Officer of NOV. "This will assist us in better
serving our customers, enhancing our responsiveness, and fortifying
our market standing in this critical region."
"We are enthusiastic about the opportunities our regional
headquarters in Dammam brings," expressed Dr. Adel Badghaish, NOV's
Saudi President and Managing Director for the Middle East. "This
investment underscores our long-term commitment to the region and
our dedication to providing exceptional products and services to
our customers. We eagerly anticipate collaborating closely with our
partners and customers in the MENA region to drive innovation and
deliver value-added solutions."
With its continued expansion in the MENA region, NOV is
strategically positioned to drive technology and innovation in the
region’s oil and gas industry. The Dammam Asharqia Chamber Tower
offers state-of-the-art amenities and a strategic location, making
it an optimal choice for NOV's regional headquarters. Its modern
facilities and infrastructure will not only support the Company’s
growth plans but also facilitate the attraction and retention of
top talent from the region.
About NOV
NOV (NYSE: NOV) delivers technology-driven solutions to empower
the global energy industry. For over 150 years, NOV has pioneered
innovations that enable its customers to safely produce abundant
energy while minimizing environmental impact. The energy industry
depends on NOV’s deep expertise and technology to continually
improve oilfield operations and assist in efforts to advance the
energy transition towards a more sustainable future. NOV powers the
industry that powers the world.
For more information, visit www.nov.com.
About the Ministry of Investment
The ongoing transformation of Saudi Arabia under the Vision 2030
economic development and diversification plan is unlocking new
investment opportunities at an unprecedented pace. The Ministry of
Investment of Saudi Arabia (MISA) is facilitating access to these
opportunities by developing a vibrant cross-government investment
ecosystem, facilitated by Saudi Arabia’s National Investment
Strategy.
Through a network of representative offices across the world,
MISA partners with businesses of all scales and sizes—from startups
to blue-chip multinationals—to help make investing in Saudi Arabia
as simple as possible. MISA also plays a leading role in improving
Saudi Arabia’s overall business environment by facilitating
investment data across regions and sectors, creating investment
incentives, spearheading business reforms and opening up investment
opportunities.
For more information on MISA, please visit the website or
connect with #MISA on Twitter @MISA and LinkedIn.
About Invest Saudi
Overseen by Saudi Arabia’s Ministry of Investment (MISA), Invest
Saudi is the Kingdom’s investment attraction and promotion entity
charged with communicating and facilitating investment
opportunities.
Invest Saudi is the primary point of contact for foreign
investors seeking information and assistance before, during and
after their entry into Saudi Arabia. It is committed to working in
partnership with potential and current investors to make their
investment journey a seamless experience.
For more information on Invest Saudi, please visit the website
or connect with #InvestSaudi on Twitter and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240222777981/en/
Amie D’Ambrosio Director, Investor Relations (713) 375-3826
Amie.DAmbrosio@nov.com
misa@consulum.com
NOV (NYSE:NOV)
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