Dubai – United Arab Emirates – Kuwait Oil Company (KOC) and Grandweld Shipyard, based in the UAE, has recently celebrated the launching of the first crew Boat as per an agreement signed last March to build six Pilot Boats and four Crew Boats for KOC. The remaining nine boats will be delivered in June 2019.

The boat, that has been specially designed to meet the requirements of KOC, has been launched prior to the deadline in accordance to Lloyd's Register’s classification rules in order to provide high operational efficiency and safety.

During the launching ceremony of the first boat “BAHRA”, Jamal Abki, the General Manager of Grandweld Shipyards emphasized: “We are proud to launch the first boat two weeks ahead of schedule, as any delay in providing KOC with the boats needed to meet their customer’s requirements may significantly affect our leading position and our customer’s confidence in the quality of our services. We are now successfully launching the boat, assuring KOC and all our customers that we are committed to execute and deliver our projects as planned and in adherence to the delivery date without compromising the manufacturing quality and the welding power. Our facility has the largest covered shipbuilding area which ensures the power and durability of our vessels as they are protected from exposure to wind during manufacturing, which greatly affects the vessel’s strength and operational life.”

Abki added, “Our Company has developed to become one of the most reputable and specialized companies in the services we offer to the marine sector locally and internationally. We promise our customers to maintain high quality of services. Innovation and creativity are the key pillars that have distinguished us in the market. Accordingly, we constantly develop the designs of our vessels to be multitasking taking into consideration fuel consumption, efficiency and capacity.”

On another note, Sami Al-Sawagh, Marine Operations Manager at KOC commented: “KOC’s decision to build 10 Pilot and Crew Boats came at the right time, as global markets are witnessing an improvement in oil prices, therefore our fleet expansion will help the company benefit from the next recovery in order to achieve revenues and cope with the increasing demand for energy.”

Al-Sawagh clarified, “Accordingly, this fleet expansion comes in line with the company’s strategic plans to produce 3.65 million barrels of oil per day by 2020. We believe that it will add significant value to the strategic needs of the Kuwait Petroleum Corporation (KPC) plan to cover all maritime operations in Kuwait's oil ports and to ensure that necessary preparations occurred to fight marine oil pollution. Moreover, we are satisfied to deal with Grandweld as they have already built for us four boats over the past few years that are working efficiently with high quality”.

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About Grandweld Shipyards:

Grandweld is a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions to serve the offshore and marine industry around the world. Established in 1984, Grandweld has developed as one of the region’s most established and versatile shipyards, providing both quality and value. Grandweld Shipyards is established to handle repair, refit and conversion for all types of marine vessels. The company works around the clock to deliver high quality services at competitive prices and within swift delivery schedules, ensuring their clients’ immediate and long-term needs are always met.

About Kuwait Oil Company (KOC):

KOC was established in 1934 by the Anglo-Persian Oil Company today known as British Petroleum Company (BP) and the Gulf Oil Corporation, today known as Chevron. Since establishment, the company started operating in exploration, land and sea surveying, drilling pilot wells, developing producing wells, in addition to exploring crude oil and natural gas. Today, KOC continues to fulfill its mission to explore, develop and produce oil and gas in Kuwait for its customers worldwide in an environmentally safe and economically viable manner.

© Press Release 2018

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