www.renaissance-oman.com
VISION...
...CREATES OPPORTUNITIES SOME MILESTONES IN 2009
Marine:
Secures Rial 38.5 million (US$ 100 million) 10 year contract to build, own and operate 6 specialized vessels for Agip KCO, to provide vessel services in the Kashagan oil field in Kazakhstan Secures Rial 16.2 million (US$ 42 million) short term contract with oil-major TOTAL E&P Qatar to provide vessel services in the Al Khalij offshore field Receives delivery of 10 new vessels at a combined value of Rial 46.9 million (US$ 122 million) adding 2 vessels to the MENA fleet and 8 vessels to the Caspian fleet Secures Rial 32.3 (US$ 84 million) in loans to fund capital expenditure and new vessels Total fleet size crosses 100 vessel mark
Engineering: Congratulations to His Majesty Sultan Qaboos Bin Said and the people of Oman on the occasion of the 39th National Day.
Awarded multi-million dollar contract by Port of Fujairah (POF) authorities to fabricate and install 4 berths Topside Facilities at the POF Constructs and delivers 15 vessels for a combined total contract value of c. Rial 19 million (US$ 50 million) Constructs, delivers and installs an LNG Loading module for a major oil & gas operator in Qatar Completes construction of a new onshore 30,000 sqm facility in Al Hayl, Fujairah
Contract Services: “We acclaim all those who strive for the Renaissance of Oman. It is a true call to all who participate now, and in the future, in the building of this Renaissance, to go further to the wide horizons and higher goals that beckon us forward.” - His Majesty Sultan Qaboos Bin Said
Secures new international contracts including Rial 4.6 million (US$ 12 million) contract in Angola Invests over Rial 30 million (US$ 78 million) in building of assets to supply Permanent Accommodation for Contractors (PACs) for PDO in Oman’s interior oil fields at Marmul and Bahja Rewards longest serving employees for 20 years of dedicated service and growth that began with 80 employees and reaches over 5,500 persons presently Marks over 3,286 days, or 9 years, without a Lost Time Injury at Renaissance PAC Nimr
We thank His Majesty Sultan Qaboos Bin Said whose wise leadership has brought stability, progress, prosperity and opportunity to our home market of Oman. At a time of global economic turbulence, the wisdom and prudence of good governance in Oman’s institutions are reflected in the good governance of an Omani public company like Renaissance Services.
Renaissance Services SAOG is an Omani multinational company listed on the Muscat Securities Market in the Sultanate of Oman. The Company’s primary focus is on providing safe, efficient and quality services to the oil & gas industry. Renaissance owns and operates a combined Offshore Support Vessel (OSV) fleet of 100 vessels; has engineering business in oil & gas fabrication, ship building and afloat ship repair; and is a leading turnkey contract services provider of facilities management, facilities establishment, contract catering, and operations & maintenance services. Renaissance employs over 10,000 people operating in over 16 countries.
www.renaissance-oman.com
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