World will be responsible for detail design of certain specified works, bulk procurement and construction including Super Duplex piping work and TLER / TLIR module.
World's chief operating officer, Mohammad Rizal, said: "Drydocks
World has a strong track record in delivering Turret Mooring Systems with an excellent safety and quality record.
Building on Drydocks
World's excellent track record of 32 conversions and six turrets, the yard will now undertake a repair, life extension and upgrade project on Floating Production Storage & Offloading (FPSO) vessel Aoka Mizu, which will be deployed in the Lancaster Field West of the Shetlands after completion.
Worlds signature strategy of ZERO HARM to the people and environment was established under a strong framework, where leadership and compliance are the main criteria supported by the pillars of risk management, competency, awareness, employee engagement and management systems.
The agreement was signed by Saeed Mohammed Al Tayer, chairman of Etihad Esco, and Abdulrahman Al Saleh, chairman of Drydocks
World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, serviced a record 40 vessels in the Dubai yard.
It added that several studies were done at the start of the project to understand the technology and its implications in Drydocks
8220;Nu Flow gives us an innovative tool to provide solutions to the industry with minimum disturbance,” said Ali Bin Towaih, Vice President Business Development and Commercial, Drydocks
4 billion to Drydocks
by the third quarter, its chairman, Khamis Juma Buamim, told a press conference.
Reuters -- Drydocks
World, the Dubai-based group which has undergone a multi-billion-dollar debt restructuring, said on Monday it had been commissioned to construct the largest rig ever built for the North Sea in a deal worth $730m.
The structure is to take the shape of "a number of discs" with one up to 30m underwater and the others above the surface, "allowing guests to admire the depths of the ocean while still being able to make the best of resort living on the surface", according to Dubai Drydocks
2bn restructuring of Drydocks
World, a move that may complicate the implementation of the ship-building and repair company's debt plan, two people familiar with the matter said.
2 billion) restructuring of Drydocks
World, a Dubai-based ship-building and repair firm.
5 billion so-called profit participating loan to Dubai-based Drydocks
World as it restructures debt, a person with knowledge of the talks said.
, a subsidiary of government-owned Dubai World, turned to the Dubai World Tribunal in April to push through full consent for its restructuring.