UAE Business: Al Masaood Energy to explore global opportunities in maritime sector – Gulf Digital News

  • Date: 02-Dec-2022
  • Source: Gulf Digital News
  • Sector:Oil & Gas
  • Country:UAE
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UAE Business: Al Masaood Energy to explore global opportunities in maritime sector – Gulf Digital News

Al Masaood Energy has signed a Memorandum of Understanding and Cooperation (MoUC) with the Columbia Group and Fameline Holding Group to explore opportunities in the industrial and maritime sector.

Al Masaood Energy, one of the first established oil and gas suppliers and contractors based in the UAE, provides advanced energy services throughout the UAE the Middle East, North Africa, the Eastern Mediterranean and South Asia.

Additionally, the company is known as one of the key local sponsors, agents and strategic partners of multinational contractors and manufacturers operating within the energy industry in the UAE.

Mega-base

One of the most prestigious and ambitious projects of Al Masaood Energy is the development of an integrated industrial ‘mega-base’ in the Industrial City of Abu Dhabi (ICAD).

This 300,000 sq m complex will house future business and operational functions including headquarters, workshops, warehouses, knowledge centre, manufacturing facilities, showrooms, catering areas, and accommodations, as well as a jetty berthing facility to serve the offshore logistics requirements of its customers.

As part of the newly announced cooperation, Columbia and Fameline will support Al Masaood Energy in the ‘mega-base’ project by providing engineering, procurement and logistics expertise, particularly in the construction, maintenance, and operation of the jetty berthing facility.

Columbia is a world-class experienced