• 60 additional jobs expected to expand capacity to manufacture and repair compression trains, seal gas and control panels, as well as new vibration monitoring systems manufacturing and testing capabilities and gears repairs

  • Since facility's 2018 inauguration, Baker Hughes has delivered 50 compression trains for multiple projects in Saudi Arabia

  • Milestone marked with a groundbreaking ceremony, attended by representatives of Baker Hughes and Aramco, as well as the Ministry of Energy

DAMMAM, Kingdom of Saudi Arabia - May 9, 2024 - Baker Hughes, an energy technology company, announced Thursday it is expanding its Industrial & Energy Technology (IET) Damman Center in Dammam, Saudi Arabia. Once completed, the expansion is expected to create 60 new jobs and will add capacity for the current manufacturing and repairs of compression trains, seal gas and control panels. In addition, the expanded site will add capabilities for the manufacturing and testing of vibration monitoring systems and for gears repairs.

The announcement was made at a groundbreaking ceremony hosted by Baker Hughes and attended by representatives from the Ministry of Energy, executives from the company's long-term strategic partner Aramco, and local suppliers.

Since opening in 2018, the center has delivered 50 compression trains for major gas and hydrogen projects in Saudi Arabia, including NEOM and Jafurah. The expansion is expected to nearly double the center's headcount and is scheduled to be completed by March 2025.

"We are proud to be investing in local talent and new skill development while growing our footprint in the Kingdom of Saudi Arabia," said Alberto Matucci, vice president, Gas Technology Equipment, IET at Baker Hughes. "The Dammam site is crucial to supporting major gas and hydrogen project developments across the Kingdom that are further strengthening the resilience of the country's energy system with reliable and additional alternative lower emission fuel sources. We look forward to continuing our partnership and supporting Saudi Arabia's sustainable energy development journey."

As Saudi Arabia continues to expand capacity in gas and hydrogen production to support increased electricity power generation, Baker Hughes has provided a range oflocalized and tailored solutions. The expansion of the Dammam facility follows other recent announcements, including a significant gas technology orderfor Aramco's Master Gas System 3 project, and the delivery of the first two trains of advanced hydrogen compression solutionsto Air Products for the in the Kingdom, the largest project of its kind in the world.

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Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward - making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

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Chiara Toniato
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Madonna.Mekhail@bakerhughes.com

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Baker Hughes Company published this content on 09 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2024 16:15:03 UTC.