Kayanat, a leading provider of transformative solutions for Saudi Arabia’s energy and industrial sectors, has announced a strategic joint venture with PIONEERS, an innovative company specializing in engineering, logistics, automation, and digital solutions in the Kingdom.
The partnership, formalized during a signing ceremony at the recently concluded ADIPEC 2024 in Abu Dhabi, will drive the adoption of groundbreaking technologies to enhance operational efficiency and foster growth across the oil, gas, and energy industries.
Starting in early 2025, the joint venture will implement pioneering technologies, including remote-controlled machinery, autonomous vehicles, and advanced pipeline inspection systems, across Saudi Arabia’s heavy industry sector.
Operational safety
These innovations are strategically designed to enhance operational safety and efficiency, reduce environmental impact, and stimulate local industrial development, all in support of the Kingdom’s ongoing economic transformation toward a more diversified and technology-driven future.
“Our partnership with PIONEERS highlights our mutual commitment to this evolution. By combining industry expertise with state-of-the-art technology, we aim to drive sustainable growth in Saudi Arabia, foster job creation, stimulate economic progress, and set new benchmarks for innovation across the Middle East,” affirmed Majid Alghaslan, Chairman and CEO, Kayanat.
A key milestone will be the launch of a technology pilot in Q1 2025, centered on remote-controlled and autonomous solutions within the oil and gas sector. By Q2 2025, the companies together plan to expand their reach into additional industries, incorporating local suppliers to meet the requirements of In-Kingdom Total Value Add (IKTVA), a Saudi initiative designed to foster domestic value creation, further supporting the Kingdom’s commitment to increasing local content.
