15 Hrs
Source:
الوطن
Grand Wood plant opens
The “Grand Wood” factory has opened in Samail Industrial City, with an investment of OMR 830,000 and a total area of 3,292 square metres. It assembles and repairs oil and gas well drill bits. The factory includes a drill-bit data analysis centre—the only one of its kind in the Middle East outside the United States—which uses laser scanning, automated imaging and artificial intelligence to improve drilling efficiency and reduce costs. It employs 13 people, with an Omanisation rate of 94%. The company plans to expand into Gulf and North African markets in 2027 and has five-year operating contracts with Omani oil companies.
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