Singapore’s Crystal Offshore to build offshore rig and vessel repair base in Abu Dhabi
AD Ports Group has signed a 25-year agreement with Singapore’s Crystal Offshore to build a base for repairs and refits of jackup rigs and marine and offshore vessels such as FPSOs and semi-submersibles in Khalifa Port, Abu Dhabi’s flagship deepwater port.
Under the agreement, a 20,000 sq m plot of land and an associated quay wall in Khalifa Port will be allocated for Crystal Offshore for office facilities and new shipyard fabrication facility.
Last month, AD Ports moved to expand Khalifa Port’s offering from container and cargo handling to include drydock services to meet the growing demand from regional and international clients.
Saif Al Mazrouei, CEO of ports cluster at AD Ports Group, said: “Our partnership with one of the world’s leading solution providers in the marine and offshore industry, will add significant value to Khalifa Port’s customers and greatly expand the numerous services it offers to cater to the wide base of the marine industry. As we look towards the future, we will continue our drive to further diversify the service offerings in our ports in the UAE and abroad.”
Sujith Sekharan, CEO of Crystal Offshore, added: “We have a strong track record with contractors in the region, and with this long-term partnership we anticipate significant and fast growth of our market share, greatly assisted by the geographical proximity and excellent infrastructure that Khalifa Port has to offer.”