M.S. Al-Suwaidi Signs Strategic MOU with Wafaq Al Ej Contracting Company
Jubail, Saudi Arabia – March 3, 2025 – M.S. Al-Suwaidi Industrial Services Co. Ltd., a leading provider of general industrial services in the Kingdom of Saudi Arabia, announced today the signing of a Memorandum of Understanding (MOU) with Wafaq Al Ej Contracting Company, an experienced EPC and industrial services provider with expertise in rotating equipment, oil filtration, and flushing services.This partnership aims to unlock new industrial project opportunities in Saudi Arabia by combining the extensive capabilities and domain expertise of both organizations. The collaboration supports mutual goals to deliver high-performance solutions in alignment with the Kingdom’s Vision 2030 objectives.
Under the terms of the agreement, both companies will jointly pursue projects—specifically in areas such as chemical cleaning, mechanical projects, and turnaround services—on a case-by-case basis. Wafaq will lead bids and may utilize Al-Suwaidi’s approval status, manpower, and in-house technical capabilities to meet specialized client demands.
“This MOU is a testament to our shared vision for collaborative growth and excellence in the industrial services sector,” said a spokesperson for M.S. Al-Suwaidi Industrial Services Co. Ltd. “Our combined expertise will empower us to execute high-value projects across Saudi Arabia with greater efficiency and impact.”Wafaq Al Ej Contracting Company, headquartered in Riyadh, brings deep experience in rotating equipment and industrial support services. The company will maintain autonomy while working alongside Al-Suwaidi in a mutually beneficial arrangement designed to deliver comprehensive asset lifecycle services—from project execution to ongoing maintenance and upgrades.
The agreement outlines collaboration terms such as:
- Joint bidding for selected industrial service projects.
- Sharing of qualified manpower and technical resources.
- Open communication regarding third-party partnerships.
- Commitment to confidentiality and transparency.
The MOU becomes effective from the signing date and remains valid for two years, with an option to renew. Both parties will continue to operate independently and are free to pursue other opportunities, subject to mutual disclosure obligations where applicable.
About M.S. Al-Suwaidi Industrial Services Co. Ltd.
Headquartered in Jubail, Al-Suwaidi is a well-established Saudi company specializing in general industrial services, particularly in rotating equipment maintenance and oil filtration. The company holds certifications and approvals from major entities like Saudi Aramco and SABIC.
Headquartered in Jubail, Al-Suwaidi is a well-established Saudi company specializing in general industrial services, particularly in rotating equipment maintenance and oil filtration. The company holds certifications and approvals from major entities like Saudi Aramco and SABIC.
About Wafaq Al Ej Contracting Company (WAFAQ)
WAFAQ, with a strong presence in Riyadh, is an EPC-capable company focused on rotating equipment, flushing services, and chemical cleaning solutions. With a resourceful team and deep domain knowledge, WAFAQ supports a wide range of projects in Saudi Arabia’s oil, gas, and industrial sectors.
WAFAQ, with a strong presence in Riyadh, is an EPC-capable company focused on rotating equipment, flushing services, and chemical cleaning solutions. With a resourceful team and deep domain knowledge, WAFAQ supports a wide range of projects in Saudi Arabia’s oil, gas, and industrial sectors.