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Division is working in the specialized field of offshore Hook-up projects with Saudi ARAMCO. The company then abandoned the nearly finished hull at China Merchants Heavy Industry shipyard in 2016, after the collapse in the oil price. Last Friday, Tidewater closed on its bargain basement deal to buy the Swire Pacific Offshore fleet of fifty anchor handlers and platform supply vessels (PSVs). Saudi Arabia's offshore oilfields hold about 76. Discussing the reorganisation of operations within Mermaid Maritime, Hans adds: "The once diversified group holdings in Thailand, Asia and the Middle East have been consolidated into a single seamless turnkey service offering providing existing and prospective clients with a one-stop-shop service to meet all of their subsea needs with a specific focus on EPIC (Engineering, Procurement, Installation & Commissioning) projects. ZOM-Saudi ARAMCO-Jazan Refinery Co (JZRC). Approximately 25, 000 vessels sail through the Red Sea each year, and about 6, 000 of them call at the Jeddah port. Manager without Direct Reports. The company also reported that Simon Wilde had re-joined the company in 2020 and took up the role of Commercial Director based in Dubai, whilst Hans Huijskens recently came back to Mermaid with responsibility for the submarine flexible product installation aspect of the business as Country Manager of the UAE. Today, Zamil Offshore has a fleet of 77 offshore support vessels and is the largest operator in the region with some 3, 400 employees. Established in 2012, Zamil Mermaid Offshore Services Company is a Private Limited Company based in Al Khobar, Saudi Arabia. ZOM-SEC Crude Fuel Separator. "To mitigate the reduction in rates, Mermaid has also initiated a second round of cost efficiencies, centralization and consolidation of its business in order to improve its cost base and make it more efficient and competitive during this period while maintaining its operating excellence and safety performance, " Mermaid said of the Zamil contract. ZOM-Joint Venture Zamil Saur.

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Other growers (2) – ADES buys another seven units? We are very proud of all our team involved in delivering the highest quality of services to our customers", said Chalermchai Mahagitsiri, Chief Executive Officer of Mermaid. When Mermaid cancelled, UDS promptly stepped in and started to operate the vessel, which has been renamed Lichtenstein. Mermaid's joint venture Zamil Mermaid Offshore Services has agreed a lower contract rate for an ongoing subsea inspection, repair and maintenance contract. ZOM-Catering Tanajib.

5-metre-long work barge classified by Bureau Veritas, and flagged under the Comoros registry (specifications here). Clearly, the company is not in a good position. As to its marine operations expansion, in 2012 the company entered into a joint venture with Mermaid Maritime, a leading provider of subsea and dive services based in Thailand and traded on the Singapore Stock Exchange. Oro Negro quickly placed orders for eight newbuild high-specification rigs on speculation at Singapore yards in 2012 and 2013, and won a string of five contracts with the Mexican state oil company Pemex. The newbuilds include two shallow-draught, flat-bottom dive support vessels (DSVs), which are being built at its own shipyard, and a crewboat at another shipyard in the region. MOD Supply Chain Department. Zamil Offshore Services was founded in 1977 as a 100% Saudi Company working in diversified business fields. Your session will end in {1} minutes. The Zamil Group was founded by Sufyan Al Zamil's grandfather, Sheikh Abdullah Al Hamad Al Zamil (1897-1961), in the 1920s as a trading company in food, textiles and real estate in neighboring Bahrain.

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In June 2013 the company won a ten-year lease to operate the Jeddah Ship Repair Yard on the Red Sea. Management information we source: Holdings information we source: Ownership information we source: Other information we source: * If available – we may not hold all of this information for every profile. Zamil Offshore Services Company. ADES paid Noble more than US$285 million for ownership of Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine, and also took over the employment of the rigs' crews. An integrated approach. The other big buyer of recent weeks has been ADES, the jack-up drilling company which was taken private by Saudi Arabia's Public Investment Fund and the Zamil Group in a US$516 million deal a year ago. Zamil will manage the ships and Mermaid will provide up to 110 divers, three ROVs and diving replacement packages. Mermaid Maritime scores $96M extension in Middle East. All five are named after painters – Van Gogh, Picasso, Lichtenstein, Andy Warhol and Matisse. On April 13, Indian rig owners Aban Offshore announced that it had also entered into an agreement with ADES to sell its rigs ( here) to pay down some of Aban's.

Saving Search Queries. ZOM-PRJ-National Guard Renovation 3rd Stage. Mermaid Maritime of Thailand had ordered the ship in China in 2014 along with an 18-man dive bell and two self-powered hyperbaric lifeboats. ZOM-ZOMCO Jeddah Office. This division is now renowned as one of the largest specialized offshore and marine services providers in the Middle East. ZOM-Free Energy Consultant. Strategically Positioning the Modern Company. Aban abandons four rigs to ADES. ZOM-Catering Shipyard Jeddah. ZOM-Royal Commision-Jubail. Through its diversified portfolio of 13 owned and chartered subsea vessels, specialised diving equipment, remotely operated vehicles, drilling and accommodation rigs, Mermaid Maritime boasts a proven track record for subsea and drilling oil service excellence, having served the industry for over 30 years, " begins Hans Huijkens, Business Development Manager at Mermaid Subsea Services. In addition to the current building program, Zamil Shipbuilding has signed a contract with Rolls Royce Marine to build under license agreement, more Anchor Handling vessels of the UT 733-2.

Zamil Offshore Services Company

The barge has a 300-tonne crane and accommodations for 239 people, and can be eight-point moored, as well as operated in DP. Seven more vessels of various sizes and activities are currently being built; they will join the fleet this year. Company name changed to Zamil Operations & Maintenance to diversify in several fields other than marine. But the Argent purchases were not the only ones ADES has made in recent weeks. It recently received a six-vessel contract from a Gulf State country. ZOM-Waad Al Shamal Camp Expansion. ZOM-Al Hasa Airport.

ZOM-PWUC for Jubail & Yanbu (Marafiq)-Yanbu. 2 million of unpaid invoices for work performed by the company for a thirty-day contract performed in 2021. Dammam Shipyard West Pier Department. You have been signed out. Job Title (Descending Order). As Aramco is mobilising more offshore vessels and rigs in the Red Sea, Zamil will be able to use the Jeddah King Fahad shiprepair yard to support its operations in the area.

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These were among the most modern and highest specification dive vessels built in the last decade. Additionally, this range is said to handle 90% of tasks normally conducted by a hydraulic work-class ROV. He received his undergraduate degree from the University of Delhi. The five-year contract was awarded in the fourth quarter of 2012 and is scheduled to run until the final quarter of 2017. He also made it clear that there were no guarantees for advancement in the family businesses and that a rigid policy requires enrollment in a number of management training programs before being considered for promotion up the ladder within the organization. ZOM-ARAMCO RTPD STP Project. These offshore fields represent roughly 30 percent of total Saudi reserves and four percent of global demand. ZOM-TCF South Ghawar Aramco.

Meanwhile, a jack-up drilling rig owned by Mermaid's associate Asia Offshore Drilling has secured a short-term contract extension at a reduced day rate until the end of this year. Discussing the reasons behind the company's success in its core business areas, Hans says: "It is not just the comprehensive range of subsea services that the group offers but most importantly the never ending quest to do so with adherence to the highest industry standards and to this end MSS is a full member of the International Marine Contractors Association (IMCA) and is committed to providing a quality service in a safe, efficient and professional manner. " From the ashes of Oro Negro. There have been genuine achievements by UDS, for example, on March 2, the company recovered a downed F-35 Lightning II American fighter jet for the US Navy from water depths of over 3, 700 metres in the South China Sea using the DSV Picasso. "The fleet expansion plan also includes the construction of a series of medium-size platform support vessels (PSVs)and 80 tonne to 120 tonne bollard pull anchor-handling tug/supply vessels, " he said. ECD Technical Liaison Office. 4 million barrels per day.

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Its contract is for seven years, for the Maintenance, Upgrade, Modification and Commissioning Support for ARAMCO's rigs and platforms in the Arabian Gulf. He was a co-founder of Mermaid's business unit in the Middle East, but had resigned at the end of 2016 due to family reasons, the company said. Register free with Decypha and get access to real-time price information and many other features including Technical Scanner, Fundamental Screener etc. In October, Mermaid announced it had entered into a memorandum of understanding with a subsidiary of Mubarak Maritime in the UAE to buy 50 per cent ownership share in the DP2 construction support vessel Millennium 3. "In 2012 and this year the company has added 19 new vessels of different types to its fleet and it is in the process of converting four supply vessels into DSVs capable of working in shallow and medium waters, " said Mr Abouraya. ZOM-Dawadmi Airport. McDermott hired the 6, 600 bhp Britoil 50 and 5, 400 bhp Britoil 65 from June this year until the end of the third quarter in 2014. The contract extension will become effective in the fourth quarter of 2017. If big dreamers never sleep, as Mr Hutton claims, then the management of Tidewater, Mermaid and ADES must be insomniacs. The company's stock is up 40 per cent since the low of October 2020, and Mermaid remains very under-geared, with cash and cash equivalents of US$19 million, and total debt of only US$52 million at year end. General information we source: We include a set of diagrams with every profile: UBO Explorer and network diagrams.

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