Latest news with #IKTVA
Barnama
20-06-2025
- Business
- Barnama
OMS Reports Growth, Expansion Ahead Of First Earnings Call
BUSINESS KUALA LUMPUR, June 20 (Bernama) -- OMS Energy Technologies Inc (OMS), a manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG), has issued a business update ahead of its inaugural earnings call following its successful Nasdaq listing in May 2025. The company's expanding customer base, growing talent pool, and continued investment in research and development (R&D) are positioning OMS for long-term success, according to a statement. Its Chief Executive Officer, How Meng Hock said OMS enters the public market with a solid foundation, supported by strong partnerships, manufacturing capabilities, and prudent financial management. OMS recently secured a letter of award from Grupo Simples Oil for SWS in Angola's Onshore Kwanza Basin, expanding its presence in West Africa. In Indonesia, new clients such as PT Seleraya Belida and Pertamina Hulu Sanga Sanga are contributing to sales growth, while PTTEP in Thailand renewed its three-year contract effective July 1. Long-standing partnerships continue to anchor the company's revenue stream. A 10-year agreement with Saudi Aramco is expected to generate between US$120 million and US$200 million annually. OMS also maintains a strong supply relationship with Halliburton, with steady order volumes from its Malaysia and Singapore operations. (US$1=RM4.24) With 11 manufacturing facilities across six countries such as Singapore, Malaysia, Brunei, Saudi Arabia, Thailand and Indonesia, OMS is strategically positioned in key oil and gas regions. The company's localisation strategy supports eligibility for government tenders while enriching its workforce through local hiring and compliance with Saudi Arabia's IKTVA and Indonesia's TKDN requirements. In product innovation, OMS invested US$1.1 million in additive manufacturing (AM) R&D to develop a metallic seal for its high-pressure-high-temperature (HPHT) gate valves. The project has completed its initial proof-of-concept phase and is expected to enhance supply chain efficiency and material selection. OMS continues to collaborate with institutions such as the Singapore Institute of Manufacturing and Technology (SIMTech) to advance its R&D efforts. Its delivery performance under long-term contracts with Saudi Aramco and Halliburton remains strong, supported by balanced manufacturing capacity and strategic facility locations. The company prioritises workplace safety and environmental compliance, holding ISO 9001, API Q1, ISO 45001, and ISO 14001 certifications across all manufacturing sites. It recently completed its annual surveillance audit, reinforcing its environmental, social, and governance (ESG) commitments.
Mid East Info
10-06-2025
- Business
- Mid East Info
Teledyne GFD Partners with Industrial Detection Solutions to localise manufacturing in KSA - Middle East Business News and Information
Teledyne Gas & Flame Detection (Teledyne GFD) is supporting its business presence in the Middle East by partnering with Industrial Detection Solutions (IDS) to establish a new 699 m² manufacturing facility in Dammam, Kingdom of Saudi Arabia (KSA). This partnership will enable the local production of high-precision sensors for detecting toxic and combustible gases, helping to protect workers and assets at oil and gas production/drilling facilities, LNG/CNG plants, and refining and petrochemical sites. A grand opening ceremony will officially declare the plant open on June19th, 2025. Gas detection is an essential safety aspect throughout the oil and gas industry. With so much activity in the Middle East, Teledyne GFD wanted to bring the production of key gas detection solutions closer to their point of use. This strategy also aligns with the IKTVA (In-Kingdom Total Value Add) programme that promotes local manufacturing in KSA. IKTVA is an initiative to increase economic diversification and create a sustainable ecosystem in KSA's oil and gas industry. The programme aims to increase the use of in-Kingdom suppliers, expand local supply chain capabilities and capacities, and drive industry collaboration through supplier development. By partnering with Industrial Detection Solutions, Teledyne GFD will help to meet the ambitions of the IKTVA via the local manufacture of popular products like its DM-700 toxic gas sensor, and FP-700 and IR-700 combustible gas sensors. 'Our new partnership with Industrial Detection Solutions ensures that manufacturing is closer to both customers and suppliers, enabling even faster delivery of class-leading gas detection products in support of more efficient supply chains,' says Thomas Moeller, VP Sales & Marketing at Teledyne GFD. 'The proven solutions manufactured in KSA will better serve a vast regional industry that recognises the importance of a robust and prevalent safety culture. We are proud to be part of KSA's remarkable ongoing journey of economic and industrial growth, and we look forward to a successful future together.' The DM-700 is a non-intrusive 'smart' sensor that detects and monitors oxygen and toxic gases in the air using electrochemical sensor technology. The intelligent, plug-in, field-replaceable cell automatically recognises gas type and range. Teledyne GFD's FP-700 is also a non-intrusive 'smart' sensor, this time for the detection and monitoring of combustible gases over the range of 0-100% LEL using catalytic bead sensor technology. The IR-700 is a similar solution for combustible hydrocarbon gases. It uses miniature non-dispersive infrared (NDIR) optical sensor technology to detect and monitor gases over the range of 0-100% LEL. All of these gas detectors support maximum safety with an innovative design that virtually eliminates sensor failure due to water ingress, corrosion, vibration or transient spikes.
Zawya
05-06-2025
- Business
- Zawya
Teledyne GFD partners with IDS to manufacture in Saudi Arabia
Saudi Arabia - Teledyne Gas & Flame Detection (Teledyne GFD) is partnering with Industrial Detection Solutions (IDS) to establish a new 699 sq m manufacturing facility in Dammam, Saudi Arabia. This partnership will enable the local production of high-precision sensors for detecting toxic and combustible gases, helping to protect workers and assets at oil and gas production/drilling facilities, LNG/CNG plants, and refining and petrochemical sites. A grand opening ceremony will officially declare the plant open on June 19, the company said. Gas detection is an essential safety aspect throughout the oil and gas industry. With so much activity in the Middle East, Teledyne GFD wanted to bring the production of key gas detection solutions closer to their point of use. This strategy also aligns with the IKTVA (In-Kingdom Total Value Add) programme that promotes local manufacturing in KSA. IKTVA is an initiative to increase economic diversification and create a sustainable ecosystem in Saudi Arabia's oil and gas industry. The programme aims to increase the use of in-Kingdom suppliers, expand local supply chain capabilities and capacities, and drive industry collaboration through supplier development. By partnering with Industrial Detection Solutions, Teledyne GFD will help to meet the ambitions of the IKTVA via the local manufacture of popular products like its DM-700 toxic gas sensor, and FP-700 and IR-700 combustible gas sensors. 'Our new partnership with Industrial Detection Solutions ensures that manufacturing is closer to both customers and suppliers, enabling even faster delivery of class-leading gas detection products in support of more efficient supply chains,' says Thomas Moeller, VP Sales & Marketing at Teledyne GFD. 'The proven solutions manufactured in KSA will better serve a vast regional industry that recognises the importance of a robust and prevalent safety culture. We are proud to be part of KSA's remarkable ongoing journey of economic and industrial growth, and we look forward to a successful future together.' The DM-700 is a non-intrusive 'smart' sensor that detects and monitors oxygen and toxic gases in the air using electrochemical sensor technology. The intelligent, plug-in, field-replaceable cell automatically recognises gas type and range. Teledyne GFD's FP-700 is also a non-intrusive 'smart' sensor, this time for the detection and monitoring of combustible gases over the range of 0-100% LEL using catalytic bead sensor technology. The IR-700 is a similar solution for combustible hydrocarbon gases. It uses miniature non-dispersive infrared (NDIR) optical sensor technology to detect and monitor gases over the range of 0-100% LEL. All of these gas detectors support maximum safety with an innovative design that virtually eliminates sensor failure due to water ingress, corrosion, vibration or transient spikes, the company added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
05-06-2025
- Business
- Trade Arabia
Teledyne GFD partners with IDS to manufacture in Saudi Arabia
Teledyne Gas & Flame Detection (Teledyne GFD) is partnering with Industrial Detection Solutions (IDS) to establish a new 699 sq m manufacturing facility in Dammam, Saudi Arabia. This partnership will enable the local production of high-precision sensors for detecting toxic and combustible gases, helping to protect workers and assets at oil and gas production/drilling facilities, LNG/CNG plants, and refining and petrochemical sites. A grand opening ceremony will officially declare the plant open on June 19, the company said. Gas detection is an essential safety aspect throughout the oil and gas industry. With so much activity in the Middle East, Teledyne GFD wanted to bring the production of key gas detection solutions closer to their point of use. This strategy also aligns with the IKTVA (In-Kingdom Total Value Add) programme that promotes local manufacturing in KSA. IKTVA is an initiative to increase economic diversification and create a sustainable ecosystem in Saudi Arabia's oil and gas industry. The programme aims to increase the use of in-Kingdom suppliers, expand local supply chain capabilities and capacities, and drive industry collaboration through supplier development. By partnering with Industrial Detection Solutions, Teledyne GFD will help to meet the ambitions of the IKTVA via the local manufacture of popular products like its DM-700 toxic gas sensor, and FP-700 and IR-700 combustible gas sensors. 'Our new partnership with Industrial Detection Solutions ensures that manufacturing is closer to both customers and suppliers, enabling even faster delivery of class-leading gas detection products in support of more efficient supply chains,' says Thomas Moeller, VP Sales & Marketing at Teledyne GFD. 'The proven solutions manufactured in KSA will better serve a vast regional industry that recognises the importance of a robust and prevalent safety culture. We are proud to be part of KSA's remarkable ongoing journey of economic and industrial growth, and we look forward to a successful future together.' The DM-700 is a non-intrusive 'smart' sensor that detects and monitors oxygen and toxic gases in the air using electrochemical sensor technology. The intelligent, plug-in, field-replaceable cell automatically recognises gas type and range. Teledyne GFD's FP-700 is also a non-intrusive 'smart' sensor, this time for the detection and monitoring of combustible gases over the range of 0-100% LEL using catalytic bead sensor technology. The IR-700 is a similar solution for combustible hydrocarbon gases. It uses miniature non-dispersive infrared (NDIR) optical sensor technology to detect and monitor gases over the range of 0-100% LEL.
Trade Arabia
28-05-2025
- Business
- Trade Arabia
MSA Safety forms detection assembly partnership in Saudi Arabia
MSA Safety Incorporated, a global leader in the development of advanced products and solutions that help protect people and facility infrastructures, has announced a partnership with Mohammed Hassan Sherbiny for Commerce to assemble and supply MSA's line of General Monitors S5000 Gas Monitors within Saudi Arabia. Sherbiny, a leader in industrial local manufacturing, offering premium equipment and solutions for the oil and gas industry, will assemble the MSA products locally at its facility in Al-Khobar. The facility has been approved by Saudi Aramco under its In-Kingdom Total Value Add (IKTVA) program. IKTVA was established by Saudi Aramco to increase local investment, manufacturing and jobs throughout the kingdom. 'We're very excited to have this product assembly partnership in place,' said Dave Howells, President of MSA International. 'The partnership aligns with MSA's Accelerate strategy, which includes a focus on growing the company's global detection business. By providing local assembly capabilities and supporting Saudi Aramco's IKTVA program, Sherbiny enhances our ability to serve customers in the region, with faster delivery while also strengthening our technical support capacity, quality control and customer service,' he said. Howells added that MSA Safety will expand its local service and training teams to further support Sherbiny and its growing customer base. Majed Sherbiny, Chief Executive Officer for Mohammed Hassan Sherbiny for Commerce, commented: 'At Sherbiny, our core value is customer focus, and we are dedicated to putting the customer at the center of our world,' he said. 'We are proud to be one of the premier partners for Saudi Aramco over the past 35 years, and we are thankful for them in supporting our local manufacturing initiatives that enable us to directly provide the best quality products and services that our customers deserve. 'Our partnership with MSA to locally assemble its state-of-the-art detection technologies, like the S5000 Gas Monitor, represents an exciting new phase in that partnership,' Sherbiny said. 'We view the partnership as a starting point that can lead to more local assembly work over the coming years, as we are committed to fulfilling the Kingdom's Vision 2030 economic development program, alongside Saudi Aramco and its IKTVA initiative.' The S5000 Gas Monitor utilises MSA's proprietary XCell hydrogen sulfide (H2S) sensor with TruCal® technology. This innovative technology reduces the users' total cost of ownership with improved sensor performance in high-risk applications. It is also a direct replacement for customers using the previous model of hydrogen sulfide detectors. Howells noted the Middle East has long been a strategic growth region for MSA Safety. 'This partnership represents an important, cooperative venture that enhances MSA's ability to build a substantial fleet of fixed gas and flame detectors and related services in Saudi Arabia. Like Sherbiny, we welcome the opportunity to support Saudi Aramco's IKTVA program and Saudi Arabia's Vision 2030 program by positioning our two organizations to better meet infrastructure and worker safety needs.' - TradeArabia News Service
