Olayan Descon Company, an integrated engineering and industrial services Saudi company, has set in place short- and long-term growth plans as it increases its footprint in the evolving Saudi energy sector.
The pioneer in maintenance shutdowns and the manufacturing of heavy equipment has been serving the oil and gas and petrochemicals industries for the past more than 40 years.
The Saudi energy market is set to undergo significant changes in the coming years, driven by the ambitious Vision 2030 plan.
A key component of this vision is the oil and gas sector, where companies like Olayan Descon, part of the Olayan Group, are playing a crucial role.
With plans to expand manufacturing facilities and produce new products, the company is well-positioned to capitalise on the evolving market landscape.
'I think the fact that Saudi Arabia is evolving is well-known now. And being part of the oil and gas industry, Olayan Descon is expanding as well. We are establishing new manufacturing facilities, and producing new products as part of this growth,' Engineer Saeed Alshehri, General Manager of Olayan Descon Company, tells OGN.
The headquarters of Olayan Descon |
The company is not only expanding its manufacturing capabilities but also forging partnerships with cutting-edge technologies to enhance its business.
This forward-looking approach promises a lucrative future, with ample opportunities for both local and international companies to participate in the sector's growth.
And as it grows, sustainability remains at the heart of Olayan Descon's operations, aligning with Saudi Arabia's broader green goals.
Over the past few years, Olayan Descon has integrated sustainability into its core values, establishing yearly KPIs to ensure sustainable growth. This includes becoming green fabricators in manufacturing processes.
Moreover, the company supports its suppliers in adopting sustainable practices, ensuring they meet green manufacturing standards.
'This commitment to sustainability is part of Olayan Descon's environmental, social, and governance (ESG) standards, aligning with the goals set by both the Olayan Group and the Saudi government,' says Alshehri.
Olayan Descon has devised an ambitious strategy for expanding its business in Saudi Arabia and the wider GCC region.
With over 40 years of experience in the industry, the company is well-equipped to seize emerging opportunities.
It has laid out both short-term and long-term strategies, aiming to achieve significant milestones between 2026 and 2028.
In the immediate future, Olayan Descon is focusing on actionable strategies to tap into the vast potential of the Saudi market.
By leveraging its extensive experience and innovative approach, the company is poised to make substantial contributions to the region's energy sector while fostering sustainable growth.