Nakilat-Keppel O&M Bags $110M Contracts from Gulf Drilling International

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth $110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M).

The first contract is for the construction of a self-propelled and self-elevating liftboat, which is customized for field transit operations in the Middle East and North Africa (MENA) region in water depths of up to 213 feet (65 meters).  When completed at the end of 2015, the liftboat will provide accommodation and platform support services for a customer with operations in Qatar.

N-KOM has also been awarded a six-year repair and maintenance contract for GDI’s existing fleet of jackups operating in the Middle East.

The contracts were signed in the presence of His Excellency Dr. Mohammed Bin Saleh Al Sada, the Minister of Energy and Industry. Also in attendance was Saad Sherida Al-Kaabi, director of Oil & Gas Ventures, Qatar Petroleum. The contracts were signed by Ibrahim J. Al-Othman, CEO of GDI, and Eng. Abdullah Fadhalah Al Sulaiti, chairman of N-KOM.

H.E. Dr. Mohammed Bin Saleh Al Sada, Minister of Energy and Industry said: “Today marks an important milestone in the development of the State of Qatar’s offshore industry with placing the order for the first built-in-Qatar liftboat. It also highlights the impressive growth of our offshore industry and of the Erhama Bin Jaber Al Jalahma Shipyard.”

Dr. Al-Sada expressed confidence that the collaboration between GDI and N-KOM, will help ensure the continued success of Qatar’s Energy and Industry sectors for many years to come.”

Eng. Abdullah Fadhalah Al Sulaiti, chairman of N-KOM said: “N-KOM has delivered a significant number of repairs for GDI’s offshore drilling fleet over the past three years and we have come to intimately understand their requirements. Having already established ourselves in the ship repair market, our next step is to capture the robust regional offshore market by leveraging on Nakilat and Keppel O&M’s expertise to provide quality and value-added offshore solutions. In this regard, we are committed to deliver a high-quality liftboat to GDI to support their offshore fleet.”


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