GulfBase Live Support
26/10/2017 07:44 AST
Saudi-based Zamil Offshore Services, a leading offshore and marine services provider in the Middle East, said it has formed a strategic partnership with Scotland's UTEC to exclusively execute offshore survey projects in the kingdom.
Zamil Offshore is a pioneer in shipbuilding and ship/rig repair within the kingdom and an active player in the offshore construction sector. Since its establishment in 1977, the company has been keen on the addition of valuable services to its portfolio.
UTEC, a unit of the UK-based specialist subsea services company Acteon, is an innovative, solutions-driven, survey service company that offers a complete range of marine survey services - starting from pre-engineering geophysical, AUV surveys, geotechnical and metocean services to construction support.
The Scottish group has upscaled its operations in the Middle East since establishing a presence in the region 18 months ago. It now employs 20 onshore and offshore personnel in its Abu Dhabi office.
UTEC has been successfully working in Saudi Arabia, providing positioning equipment and construction support for pipelay and jacket installation operations, since March this year, said a statement from the company.
Stuart Cameron, the chief executive officer of UTEC, said: "We've experienced rapid growth since moving into the region last year and with our new office in Abu Dhabi we are set up to increase support to our clients' survey requirements."
"The partnership with Zamil makes perfect sense; both companies bring their own unique strengths to create a strong client proposition," he said.
Cameron pointed out that the company had seen an increase in potential work opportunities in Saudi Arabia and it expected this to continue going forward.
"This partnership is the first step in our strategy to increase our presence and contribution in the kingdom," he stated.
Sufyan Al Zamil, president of Zamil Offshore dubbed the Scottish company tieup as a strategic move, mainly since it continues to diversify service offerings to clients.
"Surveying services adds a competitive edge to our company and is a sensible continuation of our current services in the marine and offshore construction segments, where synergies will be apparent," he noted.
"We foresee a great opportunity in this growing market and we plan on investing in its localisation," he added.
Trade Arabia
20/01/2016
Zamil Industrial Investment Co. (Zamil Industrial) has announced its consolidated interim financial results for the period ending 31 December 2015.
Net profits for the fourth quarter of 20
Press Release
29/10/2015
Zamil Steel Construction Company (ZSCC), a subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), was recently awarded an engineering, procurement and construction (EPC) contract worth aro
Arab News
12/07/2015
Zamil Structural Steel Company Ltd. (ZSSC), a wholly owned subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), has been awarded a contract valued at SAR 118.8 million (USD 31.7 million)
Press Release
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
SABIC | 62.50 | 0.00 (0.00 |
MAADEN | 45.50 | 1.05 (2.36 |
SABICAGRINUTRIENTS | 109.80 | -0.80 (-0.73 |
MARBLEDESIGN | 77.00 | -2.00 (-2.54 |
LIMEINDUSTRIES | 12.80 | -0.10 (-0.78 |
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia