Download - Stork Technical Services

MECAP
19
-opportunities
East
Stork Technical Services in
the Middle East
– 300-400 employees, depending
on activities
– Offices in Kuwait, Oman, Qatar,
Saudi Arabia and the
United Arab Emirates (UAE)
– Primary business lines: Integrity
Solutions & Services (ISS), Rotating
Equipment and Process Equipment
equipment sales and limited
turnaround and shutdown activities
(including subsea)
– Major customers: Saudi Aramco,
Group of Abu Dhabi National Oil
Company (ADNOC), Kuwait National
Petroleum Company (KNPC),
Qatar Petroleum and SABIC
– Key markets: Oil & Gas,
Petrochemicals and Power
AIM December 2012
maintenance of rotating equipment,
electrical equipment and process
equipment.
To strengthen capabilities for this
work, the company has formed joint
ventures in Saudi Arabia and the UAE
that give Stork Technical Services
access to additional resources to
develop an edge in a price-driven
market.
“In addition, we are focusing on
developing the subsea segment in close
cooperation with colleagues from
Aberdeen and are already in an
advanced stage of bidding in a couple
of opportunities in Qatar and in Abu
Dhabi,” Almaimani says.
With the great prospects in the Middle
East, knowledge transfer from
Stork Technical Services, particularly in
Europe, is critical to growth, Almaimani
adds. “It takes the right talents and
expertise and the same standard of
quality for the very specialized services
we offer in the Middle East.”
Stork Technical Services and Saudi
Industrial Services Co. (SISCO) signed
agreement to expand their services in
Middle Eastern region
The new company will offer
specialized technical services with
world class and high quality services
to the oil & gas, petrochemical,
energy and water desalination
sectors.
Mr. Mohammed Mudarres, CEO of
SISCO, stated that SISCO has been
evaluating various opportunities in this
area as part of its strategy to expand
and diversify its business, and found
these services to be in great demand in
Saudi Arabia. The agreement with
Stork Technical Services was confirmed
because of Stork’s excellent reputation
and high quality performance in the
area of providing specialised services.
Mr. Doug Meikle, CEO of Stork
Technical Services, also declared that
his company’s expansion in the Middle
East and in particular Saudi Arabia is
one of the key strategies the company
has been planning for the last few
years. Stork through establishing its
presence in the area will endeavor to
transfer technical know-how by
training Saudi youths in these
specialized areas. Mr. Meikle also
announced that Stork considers the
Saudi market as one of the most
promising markets in the region in
terms of projects and expansions in
the oil & gas, petrochemical and
energy sectors.
The company will strive to recruit and
train young Saudis in various technical,
vocational and administrational areas,
as it is considered one of the key
strategies to sustain its business and
growth in Saudi Arabia.