# GulfTek opens instrumentation manufacturing plant in Dammam, Saudi Arabia

Oilfield equipment maker GulfTek inaugurated a new manufacturing plant in Dammam, Saudi Arabia, under Saudi Aramco's IKTVA program, with USD 20 million committed and a further USD 30 million planned over five years. The site adds 23,000 square metres, bringing production area to about 45,000 square metres.

- Type: New facility
- Announced: 2023-10-12
- Where: Dammam, Saudi Arabia
- Value: $50.0M
- Status: completed
- Capacity: about 45,000 square metres of production area
- Products: flowmeters, drilling rig structures and masts, downhole tools, valves and pressure control equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Gulftek](https://endata.com/companies/11091.md)
- [Saudi Aramco](https://endata.com/companies/304.md) (partner)

## Sources

- [zawya.com](https://www.zawya.com/en/press-release/companies-news/gulftek-unveils-state-of-the-art-manufacturing-unit-in-dammam-spokvgfs), 2023-10-12: "In addition to the USD 20 million already committed, the company's five-year investment plan anticipates an additional USD 30 million investment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.