Major contracts signed at Middle East Workboats show
Four significant contracts were announced on the opening day of Middle East Workboats & Offshore Marine 2013.
Held at the Abu Dhabi National Exhibition Centre (ADNEC) until October 2, the first deal was signed shortly after Dr Sultan Ahmed Al Jaber, minister of state and chairman ADPC had inaugurated the show. The deal was between marine services company Lamnalco and Abu Dhabi Petroleum Ports Operating Company, IRSHAD.
Under the terms of the contract, Smit Lamnalco's DP2 AHTS vessel - the SL Labuan - has been contracted to carry out maintenance activities for two years at three Single Point Mooring (SPM) crude oil terminals in Fujairah.
Khalifa Al Qubaisi, general manager of IRSHAD, said: "The vessel has DP2 capabilities and sufficient deck area which makes the SL Labuan ideally suited for such operations, which also involves saturation diving activities."
In the second deal of the morning, Damen Shipyards Sharjah and Singapore-headquartered Miclyn Express Offshore, a leading provider of service vessels to the offshore oil and gas industry, signed a repair frame agreement.
The newly constructed, state-of-the-art Damen Shipyard Sharjah, has now started its dry-docking operations and has docked more than 50 vessels during 2013.
The shipyard has 1500 metres of quay-side, a synchro-lift with a lifting capacity of 5200 tonnes and is connected to eight dry-berths, each 120 metres in length with an additional 7,000 square metres of fully equipped workshops.
The Netherlands-headquartered Damen Shipyards Group also signed an agreement with Saudi-based Bin Nowiran for Trading & Contracting (BINCO). The contract for a total of seven vessels (five different ship types), will be operated by BINCO in Kuwait to serve SPM operations for Saudi Arabian Chevron’s marine export facility at Mina Saud.
Eng. Khaled A. Bin Nowiran, managing director of BINCO, said: “With these new vessels, which combine cutting-edge design with state-of-the-art technology, it will enable us to strengthen our fleet and service offering for Saudi Arabian Chevron, Khafji Joint Operations and other key business partners.”
In what was an exceptionally busy morning on the show floor, Elcome International was also named as an official sales and services partner of PSM Instrumentation in the Middle East.
“PSM’s wide range of innovative tank level monitoring and supervision systems for ballast, cargo, service and bunker fuel oil tanks will enable Elcome to offer a complete tank level gauging solution that complies with international safety (SOLAS) and environmental (MARPOL) regulations,” said Jimmy Grewal, executive director for Elcome International.
Over at the show conference, delegates heard presentations regarding regional fleet expansions and improving business sentiment, during the opening session entitled 'Industry Outlook through to 2020' which was attended by a panel of senior industry leaders, led by David Lyons, founding partner and president, Capital Partners Worldwide.