Drydocks World - Offshore expected to boost company’s offshore market share
Dubai, 01 April 2010 – Drydocks World today announces the establishment of Drydocks World – Offshore as a new entity within the group.
This is a marketing arm specifically set up to sell the significant offshore capabilities of Drydocks World, which will move towards offering complete Engineering, Procurement and Construction (EPC) solutions to the company’s clients, as well as continuing its original core business of ship repair.
Drydocks World – Dubai is already a well-known facility with an unparalleled capability for FSO, FPSO and FSRU conversions. The company’s core business will be supported by an enhanced engineering capability focused on concept, basic and detailed design for both vessel and topsides, along with project management and procurement resources to enable it to offer complete one stop shop services to its clients.
The Dubai yard has been extended with 670 meters’ of dedicated conversion quayside supported with travelling cranes and fabrication areas. In addition a new state of the art pipe fabrication facility will be commissioned mid–year.
Drydocks World’s offshore capabilities are not limited to vessel conversions; the company also has a huge capacity for rig building and offshore fabrication at its Batam facilities in Indonesia. Drydocks World – Graha currently has five rig building slips supported by very large fabrication areas and specialist workshops.
Geoff Taylor, Group CEO, Drydocks World said: “Drydocks World aims to significantly increase its share of the offshore market in respect of repair, refurbishment, conversion and
rig building. We have strong capabilities in offshore activities and establishing a new arm will help us leverage our strengths and market them better in the current climate”
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