on Schoeller-Bleckmann Oilfield Equipment AG (isin : AT0000946652)
SBO Expands Facility in Saudi Arabia, Marking 25 Years in the Region
Schoeller-Bleckmann Oilfield Equipment AG (SBO) has inaugurated its expanded facility in Dammam, Saudi Arabia. This significant development highlights SBO's commitment to the region, where it has been active for 25 years. The expansion doubles the size of existing operations and consolidates all local offices under one roof, aiming to enhance collaboration and operational efficiency.
The inauguration saw attendance from key figures, including representatives from the Saudi energy sector and the Austrian Embassy. “This expansion reaffirms our dedication to the Saudi market,” stated SBO CEO Klaus Mader.
The facility will bolster SBO's energy equipment portfolio, focusing on sustainable operations with a solar power system reducing CO₂ emissions. This step aligns with Saudi Arabia's green initiatives and SBO's ESG goals.
R. P.
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