Transcript Corporate Procurement Agreement Executive Sponsor Meeting

US / Saudi Business Opportunities Forum
Opportunities in Oil & Gas
Munir M. Rafie
Objective
 $100 Billion expenditure program
 Share business opportunities information
Saudi Arabia
Energy to the World
 260 Billion barrels of oil reserves (25% of global total)
 263 trillion cubic feet of gas reserves
 Best country for doing business: 13th of 181
Business Environment: Infrastructure
Technologies &
Communications
Transportation &
Logistics
Education & Health
Utilities
Airports
Electricity
New Technologies
Roads
Business Environment: Demographics
Young, educated current & future workforce
Saudi Aramco
 Daily Capacity:
 Oil: 12 million barrels
 Gas: 11 billion cubic feet
 Domestic Refining Capacity:
 1.9 million bbd refined product
World’s Largest
Integrated Oil & Gas
Company
Planned Expenditures
 Upstream Maintain
Potential
 Downstream Refining &
Petrochemicals
Materials: $50 Billion+
Services: $50 Billion+
Business Opportunities: Materials
 Manufacturing
 Local manpower
 Short supply chain
 Local support
 Stocker Distributor Programs (commonly used Items)
 Supplier Managed Inventory (unique Items)
 Services to Saudi Aramco, the Kingdom, and beyond
Business Opportunities: Materials
Commodities
Chemicals
Success Stories
ABB Electrical
Switchgears, Dist Transformers
Electrical
FLOWSERVE
Centrifugal Pumps
Instrumentation
ITT Saudi Co
Centrifugal Pumps
Erne Fittings
Pipe Fittings
Baker Petrolite
Oil Field Chemicals
Heat Transfer Equip
Cameron
Drilling (Wellhead)
Vessels
John Crane
Mechanical Seals
Drilling
Compressors
Pumps
Turbines
Pipe Cladding
Pipe Fittings
Valves
Business Opportunities: Services
 Pre-sales, installation, commissioning, servicing
 Life Cycle Management
 Assembly, finishing & testing
 Equipment repair & overhaul
 Logistics & warehousing
Closing Remarks
 What
 Invest in Saudi Arabia
 When
 Now
 Why
 $100 Billion opportunity
 Strong GDP growth
 Young educated population
 Modern infrastructure
 How
Investment Support
 Saudi Arabian Government Investment Authority
 (SAGIA) www.sagia.gov.sa
 Saudi Aramco New Business Development
 (NBD) http://www.saudiaramco.com
 Doing Business With Saudi Aramco
Thank you
SAGIA
www.sagia.gov.sa
NBD
www.saudiaramco.com