| 27 Mar 2009 |
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Almansoori Expects Rapid Growth In 2009 And Beyond
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Leading oilfield services provider AlMansoori Specialized Engineering (MSE)AlMansoori Specialized Engineering (MSE)
has revealed an ambitious growth strategy in 2009 and beyond that will see it consolidate its position as an innovative and ambitious player in the Middle East.From 2009 MSEMSE has planned strategic growth of more than 25% this year and in subsequent years. This rapid expansion will result in new jobs being created with the company committed to an extensive training programme.
Chief Executive Officer, Nabil Alalawi, said: "We are committed to growth this year and in coming years. The idea of a slow-down is not on our agenda, although we are mindful that we have to be price conscious and to be aggressive in the marketplace."
Speaking at MSEMSE's annual open house day at its Mussafah base in Abu Dhabi, Mr Alalawi said there were sound reasons why the company was flourishing in the midst of a worldwide recession. "We continuously look for new services that can give added value to what our organisation in offering the industry today. In the economic downturn, our clients are looking for support with minimum economic impact while having a high quality service, he said.
The company is involved in several joint ventures. The Global Chemical Company's specialised chemical manufacturing facility in Abu Dhabi is scheduled to be operational by the second quarter of 2009 and the grand opening of the new Corex facility in Mussafah will take place this summer. The cutting-edge base will provide the Middle East oil and gas industry with high-tech routine core analysis and pressure, volume and temperature (PVT) services. The AlMansoori Hilong Petroleum Pipe Company is also due launch later this year creating the largest technologically advanced drill pipe and OCTG end finishing plant in the region.
More than 1,000 guests from the Middle East, Far East, Europe and CIS attended MSEMSE's open house day on March 26 at its headquarters in Abu Dhabi, and were able to see MSEMSE's innovative new technologies including the latest fibre optic equipment, the integrated Wireline Zone 2 unit, and the company's Mono-bore High Pressure Expandable Bridge Plug.
Mr Alalawi believes open house days are important as they act as a statement to the industry of the pride the company takes in what it does. He added: "We want our clients and the public to come and see our workplace and observe the world-class standards we have in place, together with the latest products we have to offer.
"New technologies are important to AlMansoori in order to continuously improve our services and at the same time offer our clients the latest in the industry so that we can be competitive and innovative in the market place."
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Editor's Notes:
AlMansoori Specialized Engineering (MSE)AlMansoori Specialized Engineering (MSE) is the leading regional provider of oilfield services in the Middle East. Established in Abu Dhabi in 1977, the company now has more than 1,000 employees working in over 15 countries providing a variety of oilfield services. AlMansoori Specialized Engineering provides the following oilfield services:
Slickline & Completions
Drill Stem Testing
Tubular & Industrial Inspection
Direction Drilling
Workover Drilling
Cased Hole Logging & Perforating
Tubing - Conveyed Perforating
H2S & Safety
Technical & Safety Training
Oilfield Supplies, Trading, & International Agencies
Manpower Supply
Oilfield Manufacturing
In addition, AlMansoori Specialized Engineering has entered into joint venture associations and licensing arrangements with several internationally recognised companies in order to provide a wider range of services to its clients. It has gained a reputation and the confidence of our valued customers by providing a complete range of products and services in co-operation with our Joint Venture partners and through our principals with whom we have established agency agreements in the different territories covered.
AlMansoori Specialized Engineering and its associated companies have modern, world-class facilities equipped with state-of-the-art technology and backed by well-qualified staff from more than 35 different nationalities to serve the needs of its clients.
AlMansoori Specialized Engineering is proud to be one of the few companies from the region to have an integrated Health, Safety, Environment and Quality management system. For further details visit our website www.almansoori.biz
For more information, please contact:
Susan Parker
susanp@fifthring.com
+971 4 372 0154 / +971 50 101 4403
© Press Release 2009
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