Posted on June 22, 2022
AD Ports Group and National Marine Dredging Company Group inked an agreement to establish a new joint company to conduct offshore surveys and subsea services in the UAE, across the GCC region, as well as in select international markets.
The agreement was signed at AD Ports Group headquarters by Captain Mohamed Juma Al Shamisi, Managing Director & Group CEO, AD Ports Group and Eng. Yasser Zaghloul, the Group Chief Executive Officer at National Marine Dredging Group.
The signing ceremony was held in presence of senior representatives from both parties.
The new joint venture, SAFEEN Surveys and Subsea Services, will offer a unique portfolio comprising offshore surveys (geophysical and geotechnical), trenching, and dredging support services.
Additionally, the company will provide subsea services, such as commercial diving services, remotely operated vehicles, and unmanned inspections vessels, along with the provision of customised and innovative solutions for offshore operations related to oil & gas and renewable energy sectors.
Capt Mohamed Juma Al Shamisi, MD & Group CEO, AD Ports Group, said: “We at AD Ports Group are proud to partner with NMDC Group, one of the local and international leading EPC and marine dredging groups, which has garnered an outstanding reputation for implementing world-class projects.
“With this agreement in hand and the new joint company rising to meet needs of the the oil & gas and renewable energy sectors, SAFEEN Surveys and Subsea Services will deliver exceptional experience and expertise in the marine and diving services for our UAE clients to take advantage of.”
“This in turn further supports the leadership’s efforts to foster a sustainable, diversified, and knowledge-based economy.”
Eng. Yasser Zaghloul, Group CEO at National Marine Dredging Group, said: “NMDC Group is a recognised expert in the field with over four decades of experience in providing offshore surveys and subsea services.
“By combining our expertise with our long-term partner, AD Ports Group, the new company will offer the most advanced and innovative offshore surveys and diving solutions to different types of environments and across wider geographies.
“This will without a doubt contribute to NMDC Group’s ongoing growth and expansion strategy as it further strengthens its reputation as a global EPC and marine dredging major.”
Capt Ammar Mubarak Al Shaiba, CEO of SAFEEN Feeders said: “The new JV will take the offshore surveys and subsea services towards new horizons by implementing novel innovations across some of the most region’s most demanding active projects.
“We at AD Ports Group will utilise our experience and the raw talent of our professional teams to ensure our clients in the UAE, the GCC, and at the international level are furnished with unrivalled services that meet and exceed their expectations.”
SAFEEN Survey and Subsea Services will operate in the UAE, GCC, and global markets where both AD Ports Group and NMDC maintain a presence.
These targeted global markets will include Saudi Arabia, Egypt, Taiwan, Sudan, Iraq, Mauritania, Mauritius, Guinea, Pakistan, and Western India.