Saudi Firm Delmon to Invest AED 50M in Abu Dhabi Oil & Gas Facility

Khalifa Economic Zones Abu Dhabi (KEZAD) and Delmon Industrial Complex, a Saudi Arabia-based firm, have signed a 50-year land lease agreement to establish a specialised plant in ICAD III, located in KEZAD Musaffah. The agreement aims to bolster the UAE’s oil and gas industry as Delmon commits to investing AED 50 million in the facility.

The plant will focus on producing products tailored specifically to meet the needs of the oil and gas sector both regionally and internationally. Delmon Industrial Complex, a subsidiary of the Delmon Group founded in 1981 in Saudi Arabia’s Eastern Province, operates across a range of sectors, including mining, chemicals, construction, logistics, and solar solutions.

The new plant aligns with Delmon Group’s strategy of expanding its presence in the UAE and integrating its operations within KEZAD’s industrial ecosystem to support ongoing UAE-based oil and gas projects. The facility will cover an area of approximately 59,000 square metres, equipped to conduct mineral exploration, extraction and refining processes essential to oil and gas applications.

Delmon’s establishment in ICAD III highlights KEZAD’s growing appeal as a base for oil and gas manufacturing, further contributing to Abu Dhabi's industrial growth. This partnership aims to support sustainable manufacturing in line with the UAE’s economic diversification goals. The facility will feature smart industrial systems designed to enhance efficiency in extraction, production and distribution for the oil and gas industry, with Delmon leveraging KEZAD’s comprehensive services to boost product innovation, service efficiency and delivery speed.