Abu Dhabi, 21 February 2020: Zakher Marine International (ZMI) is the leading GCC offshore services and solutions owner and operator of a purpose-built fleet of jack-up barges and complementary offshore supply vessels (OSVs) and subsea services, today announced that it has launched its debut 5-year windfarm installation contract in the South China Sea valued at $100 million.
With this award, ZMI becomes the first UAE and GCC offshore contractor to be awarded a contract with the Chinese government to support the development of an offshore windfarm.
Commenting on the announcement, Ali El Ali, Managing Director of ZMI, said:
“The contract underscores our leadership in providing Jack-ups and Offshore Support Vessels services. We are very proud to be the first company from the GCC to work closely with the Chinese government to provide Jack-ups and a testament that we are on track to deliver our growth plans, expanding into new geographies and renewables business. This is going to be the first of many, but it serves as a foothold for the Group in this growing market.”
The contract award secures ZMI’s expansion into the renewables market and the Chinese market, a fundamental part of ZMI’s strategic plan to expand into markets beyond the GCC region.
Out of the 3 sister Jack up barges, QMS Gladiator is the Group’s largest self-propelled, self-elevating Jack up barge that is designed to operate across a wide range of geographies, will starts it journey from the shallow waters of Abu Dhabi to the deeper South China Sea, loaded on a heavy lift and is scheduled to arrive by…