To drive additional domestic value creation supporting the rapid transformation of the Kingdom and fostering future prosperity by creating jobs for the growing Saudi population and stimulating diversification of the Kingdom’s economy.
Measure and support increasing levels of localization in the Kingdom.
Building a world-class supply chain to support our needs and the needs of our partners.
Create a more diverse and vibrant, more competitive, and more rewarding economic landscape in Saudi Arabia for everybody.
Develop and diversify economic resources and attract investments by increasing local content in the oil & gas industry.
Through the In Kingdom Total Value Add (iktva) program, we are taking action to drive additional domestic value creation to support a rapidly changing economic environment and foster future prosperity.
Working with our suppliers, we will capture value that produces long-term tangible benefits – quality jobs for a growing Saudi population, innovation and diversification of industry, and increased global competitiveness.