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MARITIME EVENTS<br />
ABS reinforces industry compliance<br />
with 2020 rules<br />
The global leading classification society emphasized its prime position in the region and maintained a positive<br />
perspective regarding the rules that will be set into force on 2020 during its annual Middle East Regional Committee<br />
Meeting<br />
By Effat Mostafa<br />
Being a world class classification<br />
society, ABS is committed to<br />
setting standards for safety,<br />
efficiency and excellence. To keep<br />
pace with a constantly evolving<br />
industry, ABS works alongside its<br />
partners tackling the most pressing<br />
technical, operational and regulatory<br />
challenges to help ensure the marine<br />
and offshore industries are operating<br />
safely, securely and responsibly.<br />
That’s why ABS planned its annual<br />
global committee meetings to<br />
address concerns of its classification<br />
clients.<br />
During the committee meeting,<br />
ABS has emphasized that safety<br />
is the core of its business and they<br />
are exerting their utmost efforts to<br />
assure that all operations and fleet<br />
performance are completed safely.<br />
Moreover, ABS emphasized that<br />
they have a prime position in the<br />
Middle East and in the region as<br />
a whole having the leading market<br />
status. Darren Leskoski, ABS Vice<br />
President Middle East & Africa<br />
further emphasized that ABS is<br />
committed to addressing unique<br />
regional service needs stating,<br />
“We are familiar with and adept<br />
at navigating the full spectrum of<br />
unique regional challenges present<br />
across the Middle East and Africa<br />
countries. Our multi-disciplined team<br />
of engineers, inspectors, auditors<br />
and safety personnel have extensive<br />
consultancy, managerial and technical<br />
expertise. We are able to integrate<br />
both theoretical and practical<br />
experience to help our clients comply<br />
with both local and international<br />
standards and regulations.”<br />
Global offshore outlook<br />
Considering the current industry<br />
conditions, in which Oil and Gas prices<br />
witnessed a significant increase<br />
to remain in $80-$85/bbl range<br />
and gas prices and around $3 per<br />
MMBtu, global oil growth for 2018<br />
is projected to increase by 1.4% year<br />
on year. Matthew Tremblay, Vice<br />
President- Global Offshore at ABS<br />
shed a light on the status of the<br />
offshore market globally, saying, “The<br />
offshore market is seeing a delay in<br />
production projects, but investments<br />
and activities are increasing.<br />
Exploration utilization is improving,<br />
however day rates are still low.<br />
92 NOVEMBER - DECEMBER 2018
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