UAE firm builds offshore barges worth $350m

UAE firm builds offshore barges worth $350m
ZMI supervised the construction of the barges in China [representational image].
Published: 19 June 2017 - 1:26 a.m.
By: Fatima De La Cerna

Abu Dhabi-based Quality Marine Services (QMS) has announced that it has received the first of three offshore barges that have been built in a shipyard in China.

The barges were constructed under the supervision of Zakher Marine International (ZMI), a company that is also headquartered in the UAE capital, according to UAE state news agency WAM.

In a statement, Ali El Ali, executive director of ZMI, said: "We have designed and built the most sophisticated and advanced barge, as part of three new barges constructed in China at a cost of $350m (AED1.2bn).

“These barges are considered the most advanced in the market today, in terms of size and technology, specifically in the MENA region.”

He added: “The barges are built to carry out a large scope of work, ranging from well services and drilling support to construction, floatel, and maintenance work. They also have the highest standards of safety and have the ability to work in various weather conditions and geographical locations.

“The first of our large fleet of barges arrived in Abu Dhabi last week, with the knowledge that these are built to operate in stringent weather, both in the Middle East and Europe alike. They are further considered to be one of the best barges available in the market in terms of design and operation requirements, compared to others around the world.”

Quoting, Musadaq Al Yacoub, general manager of ZMI, WAM said that the barge took three years to build.

"This one is part of the three barges constructed by the company, with the expectation that the second barge will be sent to the North Sea, adjacent to the Netherlands and the UK’s coasts, to work in the construction of wind turbine fields, as well as in the working of offshore oil and gas fields," Al Yacoub noted.

ZMI, Al Yacoub added, is also looking into building five more barges in China, which are expected to be completed by the end of 2018.

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