Drydocks world by East Coast Promotions

COMPANY PROFILE

2015

Drydocks World

+971-4-3450626 | www.drydocks.gov.ae

Breaking records, delivering results Editorial: Ajuanne Payne

As the undisputed frontrunner in the maritime industry in the UAE and comprising the largest shipyard in the region, Drydocks World has been providing world-class service to the offshore industry locally and internationally for over four decades. With large contract wins and recordmaking capacity already this year, we take a look at the Middle East giant in this month’s Total World Energy. DryDocks World – formerly known as Dubai Drydocks, was founded in 1983 and incorporates the largest shipyard facility in the Middle East, with four other facilities; one in Singapore and three on Batam Island, Indonesia, under DDW-PaxOcean Asia Pte. Ltd. Offering ship repair and

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conversion, new building, offshore and engineering services, the largest floating crane in the UAE and extensive industry expertise to its large corporate clients, Drydocks World’s Dubai shipyard is one of the most prolific in operation globally. The idea for Dubai Drydocks,

as it was previously known, was conceived over 40 years ago in 1971 by H.H. Sheikh Rashid Bin Saeed-Al Maktoum, the late ruler of Dubai. After a longer period of feasibility studies and construction, the company opened its doors in 1983 and has gone from strength to strength ever since in the field of offshore

Drydocks World maritime infrastructure. Since opening its doors over 3 decades ago, the yard in Dubai has repaired over 7,500 vessels and handles an average of 350 per year – most of them storage vessels and carriers for the oil and gas industry. With specialised LNG handling capabilities and facilities equipped with the specialist machinery and expertise to service the needs of its clients, DryDocks World are the number one in the Middle East and one of the foremost names in the maritime industry.

RECORD BREAKING Along with its world-class facilities, DryDocks World employ highly skilled and dedicated employees with technical expertise spanning all areas of the business – from the design stages to the

engineering, procurement and construction and finally in to the commissioning and delivery stages. It is these employees and the combined knowledge they have built up and are able to offer that is perhaps the biggest contributing factor to the company’s ability to handle the largest, most complex of tasks for its offshore clients. In February of this year, the yard set a new record of nine rigs berthed in the yard simultaneously, only to beat that record a month later by adding three more and bringing the total up to 11. The company attributed this new standard to its Rig Division Team, who worked ‘relentlessly to market the yard facilities, capabilities, safety records, quality and experience of staff specialised in maintaining the

offshore rigs.’ Boasting clients such as Saudi Aramco, Saipem, Shelf Drilling and Aban Offshore, DryDocks’ dedicated rig division caters to the offshore market in the region and has built up a reputation for quality service and high HSE standards.

AN OFFSHORE EXPERT The oil and gas industry has been in a state of flux for the past year, with knock-on effects felt across the globe – for example larger producers are taking a more cautious approach to embarking on expensive projects and are investing more in increased storage options. As the world’s largest oil exporting region, the Middle East has not responded to these pricing pressures by reducing production, in order to retain their leading position in the face of

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these difficulties. In fact, OPEC reported a 14% jump in rig count in March this year to a total of 155 – a record high for the region. Due to the strength of the industry in a region which holds the world’s largest oil reserves, DryDocks World has continued to fill its books and provide a worldclass service to the largest of the clients operating offshore there. DryDocks World has been delivering projects in service of the offshore industry for many years and in Dubai the yard has successfully completed 23 vessel conversion and modification projects since its first major contract for FSO Nkossa1 in 1996.

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“We are indeed keen to take on increasingly challenging projects for the offshore deep sea exploration and production sector”

One of its largest projects – the conversion of FPSO Frade took nearly 13 million manhours of work and three years to complete. In order to facilitate the increasing complexity and scope of its projects, DryDocks World has continuously invested in expanding its capabilities. Two new VLCC berths were added to the shipyard in 2009 and the company invested in modernising its pipe shop facilities in 2010. As a result of these strategic investments, DryDocks World has been able to apply its skills to new areas and won its first FSRU conversion project a few years ago in 2009 for the FSRU Toscana – one of the most

Drydocks World sophisticated conversion projects carried out by the shipyard to date. “This is indeed a tremendous achievement and a testimonial to our technical and project management capabilities that enable us to take on projects of a high level of sophistication and advancement,” commented Khamis Juma Buamim, Chairman of DryDocks World and Maritime World. “We are indeed keen to take on increasingly challenging projects for the offshore deep sea exploration and production sector as we have proven time and again that we have the capacity and capability to implement projects for leaders in the offshore industry in a timely manner, while maintaining high standards in safety and quality.” The scope of the work for the shipyard included all engineering, procurement and construction, pre-commissioning and assistance for final commissioning, with DryDocks being involved right up until the vessel is ready for transportation to site.

quality service and its dedicated commitment to high standards of safety. Aside from its more recent move into FRSU conversion with the Toscana project, DryDocks World has completed a total of ten FPSO conversions of significantly differing sizes since 1996. With major global engineering, procurement, installation and commissioning (EPIC) contractors like Saipem, SBM and Fred Olsen numbering among its regular clients, Drydocks World has played a pivotal role in securing its clients’ activities in the region.

SHIP REPAIR AND SERVICE Initially conceived to provide repair services to oil tankers and vessels working in the Gulf region, DryDocks World, Dubai is still focused on this area of its services today. As the biggest contributor to company profits, DryDocks’ ship repair division is still the core business of the yard, providing services to all manner of offshore vessels. Earlier this year, DryDocks World serviced one of the largest ULCC’s in the world – the Overseas Laura Lynn. As one of four of the largest super tankers in the world, repair work to Laura Lynn is a prestigious

SPECIALISED VESSEL CONVERSION With its main focus being tanker to FSO and FPSO conversion, DryDocks World, Dubai is rapidly establishing itself as a leader in the vessel conversion market. The company has been involved in this field for over 10 years, with work ranging anywhere between dejumboising single hulled to double hulled tankers, cable layers to bulk carriers and diver support vessels. The company attributes its success in the field of vessel conversion to exceptional project management, reliable, timely and

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contract for DryDocks and one of its more significant projects so far this year. The tanker weighs just over 440,000 tonnes and has a total crude oil storage capacity of 3 million barrels. Project work encompassed boiler cleaning, main engine overhaul, cargo and ballast overhaul, pipe renewal and cooler and heaters overhaul. This is the second visit to the Drydocks facility for this vessel, the first being in 2008, and the Dubai yard is one of the few globally who have the capacity for vessels of this size. Previously the yard docked the world’s largest ship, the Knock Nevis, a number of times before it was finally converted to an FSO there.

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“We have proven time and again that we have the capacity and capability to implement projects for leaders in the offshore industry”

In the past three decades, the Dubai yard has dry-docked, repaired and successfully refurbished over 100 offshore platform vessels and has made a name for itself specialising in repair work for platform vessels, drilling rigs and jack-up rigs.

A NEW PROJECT WIN DryDocks World, Dubai won an important project in the first quarter of this year to fabricate components for the Johan Sverdrup Riser Platform Jacket. The contract was awarded by Kvaerner, on behalf of end-user Statoil for the North Sea platform and is a testament to the company’s international reach and world-class service. In order to fulfill this contract,

Drydocks World

DryDocks World will carry out the fabrication of pile clusters and floatation tanks for the Johan Sverdrup Riser platform jacket. The tanks will be used for launching and installing the jackets on site and the pile clusters will make up the base of the jacket on which the structure is piled. In order to complete the 7,000 ton project to all specifications, DryDocks World are fabricating to NORSOK safety and quality standards, utilizing the expert skills of Drydocks’ staff. Commenting further on the new contract, DryDocks World and Maritime World Chairman, Khamis Juma Buamim said, “This contract confirms Drydocks World’s position as one of the

industry’s leading suppliers of platform substructures. We look forward to solidifying our past prosperous relations with our client and plan to continue providing optimal services to meet all production targets. “Drydocks World has delivered numerous world-first mega projects, demonstrating our capabilities and commitment to innovation. “Our operational excellence program incorporates an extensive business management strategy with built-in efficiency, on-time delivery and cost-effective measures that ensure quality products of the highest standards in safety and environmental sustainability, giving Drydocks World excellent credentials in the

maritime service sector.” Drydocks World has been providing services to the maritime industry for four decades and has firmly positioned itself as number one for the Gulf region, and a frontrunner globally. The company has established a reputation for quality and expertise that has ensured its continued service to global oil majors and made it a pillar of the large oil and gas industry in the Middle East. In these somewhat challenging times for companies within the oil and gas sector, Drydocks World has forged strongly ahead, showing itself to be the resilient, reliable player the offshore sector needs

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