Nakilat-Keppel Offshore & Marine and McDermott International signed memorandum of understanding for an exclusive cooperation agreement for chasing of offshore engineering, procurement, construction and installation projects in Qatar. The contract is for 5 years and will will develop an integrated approach to projects in the Middle East country. The joint venture will benefit from the McDermott’s experience in offshore engineering, procurement, construction and installation (EPCI) projects and Nakilat-Keppel’s ship repair and offshore construction facility at the Erhama Bin Jaber Al Jalahma Shipyard.
According to the cooperation agreement, McDermott will serve customers and lead engineering with its teams based in Dubai and also its Global Engineering Center in India. Nakilat-Keppel Offshore & Marine will be subcontractor and perform production and manufacturing from its Qatar facility.
“Through this exclusive agreement, McDermott and Keppel build upon our long-standing relationship to combine each company’s strengths to benefit our clients in Qatar and increase Qatari local content”, said VP Middle East for McDermott, Linh Austin. “With both our Dubai- and Saudi-based facilities, McDermott is well positioned to address the continued growth for the entire Middle East market. And now with this cooperative agreement, we have an even higher level of capacity and availability”, added Austin.
Nakilat-Keppel Offshore & Marine, also known as N-KOM, is one of Middle East’s leading shipyards, offering a comprehensive range of marine services as well as solutions for the oil and gas industry. The yard covers area of 50 hectares, which is equipped with two graving docks and a floating dock, which can easily accommodate VLCCs, quays and piers. The shipyard has total berthage capacity of 3,150 m, a range of workshops ideally situated in front of the dry docks, more than 500,000 sqm.
“We are pleased to partner with McDermott, one of the leading EPCI contractors in this region, to enhance our standing as a premier marine and offshore service provider in Qatar”, said the managing director of Nakilat, Abdullah Fadhalah Al Sulaiti. “N-KOM has delivered several offshore construction projects, including a newly built liftboat. This agreement will add value to our services in this area to better support the local oil and gas industry in Qatar”, added he.