Riyadh: The Saudi Ports Authority (Mawani) has signed a contract with Singatac Arabia to establish a fabrication center for offshore structures and platforms at Ras Al-Khair Port. The contract supports the oil and gas industry and includes warehouses for prefabricated parts, specialized welding equipment, systems, and cranes to serve offshore platform and marine structure projects with an investment of SAR139 million across 100,000 square meters.
According to Saudi Press Agency, the project aims to create over 500 direct and indirect jobs, strengthen Ras Al-Khair Port's operational capabilities and value-added services, expand port capacity, and increase the contribution of exports to the national economy. Ras Al-Khair Port is distinguished by its strategic location and its ability to efficiently handle a wide range of goods. It features 14 berths with a total capacity of 35 million tons and spans an area of 23 kilometers.