UTEC Inks Saudi Arabia Pact with Zamil Offshore
- Business & Finance
Zamil Offshore Services and UTEC, an Acteon company, have formed a strategic partnership where both companies will work together exclusively to execute offshore survey projects in the Kingdom of Saudi Arabia.
UTEC has up-scaled its operations in the Middle East since establishing a presence in the region 18 months ago. The company has invested in growth and now employs 20 onshore and offshore personnel from its office in Abu Dhabi. UTEC has been working in Saudi Arabia, providing positioning equipment and construction support for pipelay and jacket installation operations, since March 2017.
Zamil Offshore is a fully integrated offshore and marine services company which owns and operates one of the largest support vessel fleets in the Middle East.
Stuart Cameron, UTEC Chief Executive Officer, said, “We’ve experienced rapid growth since moving into the region last year and with our new office in Abu Dhabi we are set up to increase support to our clients’ survey requirements. The partnership with Zamil makes perfect sense; both companies bring their own unique strengths to create a strong client proposition. We have seen an increase in potential work opportunities in the Kingdom of Saudi Arabia and we expect this to continue going forward. The partnership is the first step in our strategy to increase our presence and contribution in the Kingdom of Saudi Arabia.”
Sufyan Al Zamil, Zamil Offshore President, said, “The partnership is strategic to Zamil Offshore as we continue to diversify our service offerings to our clients. Surveying services adds a competitive edge to Zamil Offshore and is a sensible continuation of our current services in the marine and offshore construction segments, where synergies will be apparent. We foresee a great opportunity in this growing market and we plan on investing in its localisation.”