| Emdad
signs agency agreement with Atwood Oceanics
Posted: 29 April 2003
Emdad, the leading solutions provider to the energy sector in the
region, has entered into an exclusive agency agreement for the UAE
territory with Atwood Oceanics, enabling it to offer Atwood’s
proven quality drilling expertise to oil companies in the Middle
East.
Atwood Oceanics Inc and its subsidiaries is an internationally
reputed group engaged in offshore drilling and related support as
well as management and consulting services.
Atwood has over three decades of excellence and expertise handling
drilling operations in most major offshore exploration areas including
the Middle East, Southeast Asia, Australia West Africa and the Americas.
The company was recognized by Forbes magazine as one of the 200
Best Small Companies in 2001.
Atwood is currently about to complete building an offshore jack-up
rig called the Atwood Beacon.
The Atwood Beacon will be built to work in up to 400 feet of water
and will include a 70 foot cantilever, accommodation for 112, three
2,200 horsepower mud pumps, 7,500 psi high pressure mud system,
7,500 kip variable deck load, 1,500 kip allowable hook load and
a self-positioning fixation system.
The Atwood Beacon will be an ultra-premium, world-class rig with
excellent operating qualifications that will enable Atwood to provide
a safe, efficient drilling service under any challenging condition.
Emdad has a creditable performance record of over two decades in
the UAE and plans to utilise its rich and varied experience in the
industry to expand its presence across the entire Middle East.
“We are an institution with an impressive shareholder base
with the advantage of location, excellent relationships with the
growing energy sector and an effective infrastructure to support
them with true state-of-the-art solutions. We are focusing on strategic
alliances with more international companies to enable the region’s
energy market with the latest technologies,” said Hasan Ali
Darwish, Vice Chairman, Emdad LLC.
Posted by Richard Price,
Editor Pipeline Magazine
Information supplied by companies
or PR agencies who are responsible for content. Send press releases
to info@pipelinedubai.com |
