Instrumentation

Instrumentation Sector
Investments Opportunities
January 24-26, 2022
Section Title
Paving The Way to Economic Success
Subtitle Here
Disclaimer
This presentation may contain certain forward-looking statements with respect to Saudi Aramco’s (the “Company”) financial position,
results of operations and business, and certain of the Company’s plans, intentions, expectations, assumptions, goals and beliefs. These
statements include all matters that are not historical fact and generally, but not always, may be identified by the use of words such as
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similar expressions, including variations and the negatives thereof or comparable terminology.
You should be aware that forward-looking statements are not guarantees of future performance and that the Company’s actual financial
position, results of operations and business, and the development of the industries in which it operates may differ materially from those
made in or suggested by such forward-looking statements. Factors that could cause actual results to differ materially from the Company’s
expectations are contained in cautionary statements in the Company’s Prospectus filed with the Saudi Arabian Capital Markets Authority and
available at https://cma.org.sa/en/Market/Prospectuses/Pages/default.aspx (the “Prospectus”) and include, among other things, the following:
• (1) oil and gas supply, demand and price fluctuations; (2) global economic market conditions; (3) competition in the industries in
which the Company operates; (4) conditions affecting the transportation of products; (5) operational risk and hazards common in the
oil and gas, refining and petrochemicals industries; (6) the cyclical nature of the oil and gas, refining and petrochemicals industries;
(7) weather conditions; (8) political and social instability and unrest and actual or potential armed conflicts in the MENA region and
other areas; (9) managing the Company’s growth; (10) risks in connection with projects under development and recent and future
acquisitions and joint ventures, including with respect to SABIC; (11) managing the Company’s subsidiaries, joint operations, joint
ventures, associates and entities in which it holds a minority interest; (12) the Company’s exposure to interest rate risk and foreign
exchange risk; (13) risks related to operating in a regulated industry and changes to oil, gas, environmental or other regulations that
impact the industries in which the Company operates; and (14) international trade litigation, disputes or agreements.
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and the industries in which it operates. The Company undertakes no obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. All subsequent written and oral forward-looking statements attributable to the
Company or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements referred to above.
Agenda – Instrumentation Sector Investments Opportunities
No. Title of the Investment Opportunity Presenter
1 Gas Monitoring Equipment Khaled Al Ghadhban
2 Leak Detection Systems Ziyad Alyahya
3 Level Measurement Devices Ahmed Al Tunisi
4 Process Flowmeters Ahmed Al Tunisi
5 Temperature Measurement Ahmed Al Tunisi
6 Instrument Manifold, Tubing and Fittings Abdullatif Alsaad
7 Valve Actuators Abdullatif Alsaad
8 Surge Relief Valves Noora Al Ghamdi

iktva 2022 Paving The Way to Economic Success
Gas Monitoring Equipment

Gas Monitoring Equipment represents an attractive localization
Opportunity Outlook opportunity given the current supply gap and expected demand
growth
The Opportunity The Business Case
1. KSA demand for Gas Monitoring

Establish a state-of-the-art Equipment was estimated at 95
manufacturing unit of Gas Millions USD in 2021
Monitoring Equipment to serve 2. Forecasted at ~5% annual growth and
the KSA and GCC. estimated to reach 210 Millions USD

for GCC by 2027
3. Attractive cost base including low

logistics, land, utilities, and labor
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costs
Gas Monitoring Equipment are used by utility companies, power
plants and industrial plants
Key Gas Monitoring Equipment Technical Specification:
• Saudi Aramco Engineering Standards (SAES-J-505)

• Saudi Aramco Material Specifications (34-SAMSS-514)
• 6000002782 MONITOR; GAS; COMBUSTIBLE;

• 6000002786 MONITOR; GAS; HYDROGEN SULFIDE;
• 6000002787 MONITOR; GAS; COMBUSTIBLE; OPEN PATH TYPE
• 6000002689 CALIBRATION GAS CYLINDER FOR GAS MONITOR
Saudi Aramco: Public © Saudi Arabian Oil Company, 2022 Source: Saudi Aramco analysis
There are opportunities to manufacture components for Gas Monitoring
Equipment
Gas Monitoring Equipment
The demand for Gas Monitoring Equipment in the GCC is expected to
reach 210 Millions USD by 2027
5%
210
191 200
183
165 173
79 83
72 75
65 68
111 116 121 127

100 105
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Gas Monitoring equipment (Millions USD)
Local value chain gaps translate into opportunities to do business in KSA
Potential investment opportunities related to Gas Monitoring Equipment
Design Manufacturing SME Opportunities Customer Services
• Establish a Gas • Establish a factory to • Small and Medium • Establish technical

Monitoring equipment manufacture Gas Enterprises can provide support service center to
design and R&D center Monitoring equipment: the following: serve requirements for
a. Glasses Testing, Maintenance and
to develop designs for a. Electrochemical cell
Troubleshooting of Gas
KSA requirements b. Catalytic Beads b. Enclosure Monitoring equipment
c. Infrared
c. Calibration gas
cylinder
d. Sun shade
e. Splash/dust guards
Leak Detection Systems

Leak Detection Systems represent an attractive localization
Opportunity Outlook opportunity given the current supply gap and expected
demand growth
1. KSA demand for Leak Detection

Establish a state-of-the-art Systems was estimated at 31 Millions
manufacturing unit of Leak USD in 2021
Detection Systems to serve the 2. Forecasted at ~5% annual growth and
KSA and GCC. estimated to reach 69 Millions USD

for GCC by 2027

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Leak Detection Systems are used by Oil & Gas Industries
Leak Detection Systems and Key Technical Specification:
Leak Detection Systems (LDS)
Fiber optic LDS Real Time Transient Model Negative Pressure

6000014893 6000014890 6000014891
• SAES-Z-003 Leak Detection System
There are opportunities to manufacture components for Leak
Detection System (FOLD- 6000014893)
Components of Leak Detection Systems

(FOLD Technology)
• Field Processor Unit- Interrogator

• LDS sensors - Fiber Optic cable
• Server and Operator workstation
• Application software
• Network components
There are opportunities to manufacture components for Leak Detection
Systems (RTTM-6000014890 & Negative Pressure-6000014891)
Components of Leak Detection Systems

(RTTM & Negative Pressure Technologies)
• Field Processor Unit- RTU, CPU

• LDS sensors- Pressure sensors
and/or Flow meters
• Server and Operator workstation
• Application software
• Network components
The demand for Leak Detection Systems in the GCC is expected
to reach 69 Millions USD by 2027
5%
66 69
61 63
58
54 27
25 26
23 24
21
37 38 40 42
33 35
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Leak Detection Systems (Millions USD)
Potential investment opportunities related to Leak Detection Systems
• Establish a Leak • Establish a factory • Small and Medium • Establish technical

Detection Systems to manufacture and Enterprises can provide support service center to
design and R&D center engineer Leak the following: serve requirements for
Detection Systems a. LDS sensors- Testing, Maintenance and
to develop designs for
specifically focused Pressure sensors, Troubleshooting of Leak
KSA requirements. on FOLDS Detection Systems.
Flow meters & Fiber
Optic cable
b. Enclosures
c. Network
components
Level Measurement Devices

Level Measurement Devices represents an attractive
Opportunity Outlook localization opportunity given the current supply gap and
expected demand growth
1. KSA demand for Level Measurement

Establish a state-of-the-art Devices was estimated at 105 Millions
manufacturing unit of Level USD in 2021
Measurement Devices to serve 2. Forecasted at ~5% annual growth and
the KSA and GCC. estimated to reach 231 Millions USD

for GCC by 2027

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Level Measurement Devices are used by Oil and Gas industries
Key Level Measurement Devices Technical Specification:
• 6000002761 INSTRUMENT; LEVEL, CAPACITANCE OR RF ADMITTANCE

• 6000002762 LEVEL; ULTRASONIC
• 6000002765 GAUGE; LEVEL; MAGNETIC
• 6000002886 GAUGE; LEVEL; GLASS
• 6000007390 GUIDED WAVE RADAR LEVEL TRANSMITTERS
There are a lot of opportunities for OEM and SME to manufacture
Level Measurement Devices and it Components
Typical Components Capacitance/RF

Level Transmitter
Ultrasonic Level
Transmitter
Magnetic Level Gauge
Guided Wave
Tank / Vessel Radar (GWR)
Level
Level Gauge Glass Chamber
The demand for Level Measurement Devices in the GCC is expected to
5%
221 231
201 211
183 191
87 91
79 83
72 75
122 128 134 140

111 116
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Level Measurement Devices (Millions USD)
Potential investment opportunities related to Level Measurement Devices
• Establish a Level • Establish a factory to • Small and Medium • Establish technical

Measurement Devices manufacture Level Enterprises can provide support service center to
design and R&D center Measurement Devices: the following: serve requirements for
a. O-rings Testing, Maintenance and
to develop designs for a. GWR
Troubleshooting of Level
KSA requirements b. Ultrasonic b. Packaging Measurement Devices.
c. Capacitance/RF c. Level Chambers
d. MLI d. Valves and fittings
e. Level Gauge Glass
Process Flowmeters
Process Flowmeters represents an attractive localization
demand growth
1. KSA demand for Process Flowmeters

Establish a state-of-the-art was estimated at 95 Millions USD in
manufacturing unit of Process 2021
Flowmeters to serve the KSA 2. Forecasted at ~5% annual growth and
and GCC. estimated to reach 208 Millions USD

for GCC by 2027

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Process Flowmeters are used by Oil and Gas industries
Key Process Flowmeters Technical Specification:
• 6000002735 FLOWMETER; MAGNETIC

• 6000002738 FLOWMETER; ULTRASONIC
• 6000002777 FLOWMETER; MULTIPATH ULTRASONIC; GAS SER
• 6000007215 FLOW METER: VENTURI TUBE
• 6000002739 FLOWMETER; VORTEX; VORTEX SHEDDING
• 6000002915 FLOWMETER; CORIOLIS MASS
There are a lot of opportunities for SME to manufacture components for
Process Flowmeters
Typical Components
Ultrasonic Flowmeter
Magnetic Flowmeter
Venturi Flowmeter
There are a lot of opportunities for SME to manufacture components
for Process Flowmeters
Typical Components
Vortex Flowmeter Coriolis Flowmeter
There are a lot of opportunities for SME to manufacture components
for Process Flowmeters
Typical Components
Orifice Plate
The demand for Process Flowmeters in the GCC is expected to
5%
208
190 198
179 182
165
78 82
72 75
65 68
110 115 120 126

100 105
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Process Flowmeters (Millions USD)
Potential investment opportunities related to Process Flowmeters
• Establish a Pressure • Establish a factory to • Small and Medium • Establish technical

Transmitter and Process manufacture: Enterprises can provide support service center to
Flowmeters design and a. Orifice plates the following: serve requirements for
a. O-rings Testing, Maintenance and
R&D center to develop b. Venturi tubes
Troubleshooting of
designs for KSA c. Magnetic b. Packaging Process Flowmeters
requirements. d. Ultrasonic
c. Bolts and Nuts
e. Vortex
f. Coriolis d. Flanges
g. Transmitter e. Manifolds
Temperature Measurement
Temperature Measurement represents an attractive
Opportunity Outlook localization opportunity given the current supply gap and
expected demand growth
1. KSA demand for Temperature

Establish a state-of-the-art Measurement was estimated at 63
manufacturing unit of Millions USD in 2021
Temperature Measurement to 2. Forecasted at ~5% annual growth and
serve the KSA and GCC. estimated to reach 134 Millions USD
for GCC by 2027

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costs
Temperature Measurement are used by Oil and Gas industries
Key Temperature Measurement Technical Specification:
• 6000002852 TRANSMITTER; TEMPERATURE

• 6000002845 THERMOWELL; DWG AB-036019
• 6000002814 RTD
• 6000002888 THERMOCOUPLES
There is an opportunity for SME to manufacture components of
Temperature measurement components
Typical Components
Thermowell and Thermocouple
The demand for Temperature Measurement in the GCC is expected
to reach 134 Millions USD by 2027
5%
134
124 129
114 119
109
51 53
47 49
43 45
69 72 75 78 81
66
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Temperature Measurement (Millions USD)
Potential investment opportunities related to Temperature Measurement
• Establish a Temperature • Establish a factory to • Small and Medium • Establish technical

Measurement design and manufacture Temperature Enterprises can provide support service center to
R&D center to develop measurement the following: serve requirements for
a. Enclosure Testing, Maintenance and
designs for KSA components:
Troubleshooting of
requirements a. Thermowell b. Packaging Temperature
b. RTD Measurement and
c. Thermocouple Thermowells
d. Transmitter
Instrument Manifold,
Tubing and Fittings
Instrument Manifold, Tubing and Fittings represents an
Opportunity Outlook attractive localization opportunity given the current supply gap
and expected demand growth
Establish a state-of-the-art 1. KSA demand for Instrument Manifold,

Tubing and Fittings was estimated at
manufacturing unit of
136 Millions USD in 2021
Instrument Manifold, Tubing and
2. Forecasted at ~5% annual growth and
Fittings to serve the KSA and
estimated to reach 300 Millions USD
GCC. for GCC by 2027

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costs
Manifold, Instrument Tubing and Fittings
Key Manifold, Instrument Tubing and Fittings Technical information
• IOGP JIP33-S-716
• 6000002768 MANIFOLD; VALVE; INSTRUMENT; INSTRUMENT
• 6000000208 FITTING; TUBING; 316 SS OR BETTER
• 6000002865 MANIFOLD; VALVE; INSTRUMENT; FLOW METER
• 6000000221 TUBING; INSTRUMENTATION; METALLIC
Manifold, Instrument Tubing and Fittings
Components
Instrument Fittings
Instrument Tubing
Manifolds
(3 or 5 ways valve)
The demand for Instrument Manifold, Tubing and Fittings in the GCC is
expected to reach 300 Millions USD by 2027
5%
287 300
274
248 261
236 118
108 113
98 103
93
158 166 174 182

143 150
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Instrument Manifold, Tubing and Fittings (Millions USD)
Potential investment opportunities related to Instrument Manifold, Tubing and Fittings
• Design by centralized • Establish a factory to • Small-Medium Size • Establish technical

team in KSA manufacture components Enterprise: SMEs to support service center to
including: manufacture support serve the following
requirements:
a. Tubing components such as
b. Fitting a. cover cap a. Technical
c. manifold b. Packaging consultation
b. Spare parts
c. Maintenance and
troubleshooting
d. Testing and
Certification
Valve Actuators
Valve Actuators represents an attractive localization
demand growth
1. KSA demand for Valve Actuators was

Establish a state-of-the-art estimated at 109 Millions USD in 2021
manufacturing unit of Valve 2. Forecasted at ~3% annual growth and
Actuators to serve the KSA and estimated to reach 203 Millions USD
GCC. for GCC by 2027

costs
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Saudi Aramco: Public

Valves Actuators are used by Oil and Gas industries
Key Valve Actuators Technical Specification:
• 6000010821 ACTUATOR: VALVE; ELECTRIC FAILSAFE

• 6000002901 ACTUATOR; VALVE; ELECTRIC; ACTUATOR
• 6000002902 ACTUATOR; VALVE; ELECTRO-HYDRAULIC ROTARY
Typical Components
Fail-Safe Electric Actuator Electric Actuator
Types of Valves Actuators are used by Oil and Gas industries
Electrical actuator Electro Hydraulic Actuator Operated

There are a lot of opportunities for SME to manufacture
components for Valves Actuators
Actuator body Gears Motors
Diaphragm Spring Accessories
The demand for Valve Actuators in the GCC is expected to
3%
194 198 203
184 189
179
73 74 76
67 69 71
112 115 118 121 124 127
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Valve Actuators (Millions USD)
Potential investment opportunities related to Valve Actuators
• Establish Valves • Establish a factory to • Small and Medium • Establish technical

Actuators design and manufacture: Enterprises can provide support service center to
R&D center to develop a. Actuators the following serve requirements for
a. Actuator motor Testing, Maintenance and
designs for KSA b. Positioners
Troubleshooting of Valves
requirements. b. Digital displays Actuators .
c. Super capacitors
d. Mechanical spring
e. Fittings and tubes
Surge Relief Valves

Surge Relief Valve represents an attractive localization
demand growth
1. KSA demand for Surge Relief Valves

Establish a state-of-the-art was estimated at 45 Millions USD in
manufacturing unit of Surge 2021
Relief Valve to serve the KSA 2. Forecasted at ~3% annual growth and
and GCC. estimated to reach 87 Millions USD for

GCC by 2027

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costs
Surge Relief Valves are used by Oil and Gas industries
Key Surge Relief Valves Technical Specification:
• 6000002896 VALVE; RELIEF; SURGE GAS LOADED

• 6000012803 VALVE, RELIEF; SURGE
Typical Components
Pilot Operated Type Gas Loaded Type

The demand for Surge Relief Valves in the GCC is expected to
3%
86 87
81 83
76 78
33 34 34
30 31 32
46 47 49 50 52 53
2022 2023 2024 2025 2026 2027
Rest of GCC
Saudi Arabia
GCC expected market size for Surge Relief Valves (Millions USD)
Potential investment opportunities related to Surge Relief Valves
• Establish a Surge Relief • Establish a factory to • Small and Medium • Establish technical
Valves design and R&D manufacture: Enterprises can provide support service center to
center to develop designs a. Piloted operated the following serve requirements for
a. Tubing and sensing Testing, Maintenance and
for KSA requirements. b. Gas loaded
lines Troubleshooting of Surge
Relief Valves
b. Springs
Please direct all inquiries for the
Instrumentation Sector Investment Opportunities
investment to:
Khaled AlGhadhban Noora AlGhamdi

• Business Development Specialist Business Development Engineer
Saudi Aramco Saudi Aramco
khaled.ghadhban@aramco.com Noora.Alghamdi@aramco.com
Office number: +966-13-874-1417 Office number: + 966-13- 874-1703
We invite you to engage with us and send us your Expression of

Interest by scanning the QR code or visiting :
Website: www.iktva.sa/opportunities
Email: local-content@Aramco.com

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Instrumentation Sector

No. Title of the Investment Opportunity Presenter

1 Gas Monitoring Equipment Khaled Al Ghadhban

2 Leak Detection Systems Ziyad Alyahya

3 Level Measurement Devices Ahmed Al Tunisi

4 Process Flowmeters Ahmed Al Tunisi

5 Temperature Measurement Ahmed Al Tunisi

6 Instrument Manifold, Tubing and Fittings Abdullatif Alsaad

7 Valve Actuators Abdullatif Alsaad

8 Surge Relief Valves Noora Al Ghamdi

Gas Monitoring Equipment

The Opportunity The Business Case

1. KSA demand for Gas Monitoring

Monitoring Equipment to serve 2. Forecasted at ~5% annual growth and

the KSA and GCC. estimated to reach 210 Millions USD

3. Attractive cost base including low

Key Gas Monitoring Equipment Technical Specification:

• Saudi Aramco Engineering Standards (SAES-J-505)

• 6000002782 MONITOR; GAS; COMBUSTIBLE;

111 116 121 127

2022 2023 2024 2025 2026 2027

Potential investment opportunities related to Gas Monitoring Equipment

Design Manufacturing SME Opportunities Customer Services

• Establish a Gas • Establish a factory to • Small and Medium • Establish technical

Leak Detection Systems

The Opportunity The Business Case

1. KSA demand for Leak Detection

Detection Systems to serve the 2. Forecasted at ~5% annual growth and

KSA and GCC. estimated to reach 69 Millions USD

3. Attractive cost base including low

Leak Detection Systems and Key Technical Specification:

Leak Detection Systems (LDS)

Fiber optic LDS Real Time Transient Model Negative Pressure

• SAES-Z-003 Leak Detection System

Components of Leak Detection Systems

• Field Processor Unit- Interrogator

Components of Leak Detection Systems

• Field Processor Unit- RTU, CPU

2022 2023 2024 2025 2026 2027

Potential investment opportunities related to Leak Detection Systems

Design Manufacturing SME Opportunities Customer Services

• Establish a Leak • Establish a factory • Small and Medium • Establish technical

Level Measurement Devices

The Opportunity The Business Case

1. KSA demand for Level Measurement

Measurement Devices to serve 2. Forecasted at ~5% annual growth and

the KSA and GCC. estimated to reach 231 Millions USD

3. Attractive cost base including low

Key Level Measurement Devices Technical Specification:

• Saudi Aramco Engineering Standards (SAES-J-100)

• 6000002761 INSTRUMENT; LEVEL, CAPACITANCE OR RF ADMITTANCE

Typical Components Capacitance/RF

Magnetic Level Gauge

122 128 134 140

2022 2023 2024 2025 2026 2027

Potential investment opportunities related to Level Measurement Devices

Design Manufacturing SME Opportunities Customer Services

• Establish a Level • Establish a factory to • Small and Medium • Establish technical

The Opportunity The Business Case

1. KSA demand for Process Flowmeters

Flowmeters to serve the KSA 2. Forecasted at ~5% annual growth and

and GCC. estimated to reach 208 Millions USD

3. Attractive cost base including low

Key Process Flowmeters Technical Specification: