POSIDONIA NEWS: Oman Drydock makes ‘giant leap’ in LNG market with GTT license award

ODCtankersOman Drydock Company (ODC) says it has made a ‘giant leap’ forward in its campaign to become one of the leading shipyards in the world for LNG repairs after it was formally awarded the coveted Gaztransport & Technigaz (GTT) license at the Posidonia Shipping Trade Fair in Athens, Greece.

ODC chairman Dr Abdulmalik Al Hinai was joined by GTT CEO Phillippe Berterottiere at the ODC stand to make the announcement. Mr Berterottiere said it is highly important that ODC is able to put into place a solid quality system as a centre for LNG expertise.

 

“Oman has an important LNG fleet and its geographical position thrusts it to the forefront of the international LNG market,” he said. “It is close to shipping routes for the Gulf and Asia.  GTT has been very impressed by ODC’s commitment to standards right through its workforce, management and control systems.  We also saw evidence of ODC’s determination to continue to improve into the future, which is vital to us. The GTT technology is advanced and ODC had to reach a technically very high level to secure this license. We are delighted to make the award and look forward to working with the ODC team in the years ahead.”

Dr Abdulmalik said ODC has worked enormously hard to earn the GTT license.

“We are deeply committed to providing the highest possible standards of repair work in the LNG sector,” he said. “The GTT license will strengthen our offering for cargo containment systems for high-end LNG carriers. More widely the GTT license is proof of our intent and our seriousness to grow and diversify into the LNG market. Only last month we announced further strengthening of our LNG services with the launch of a new venture with our partner DSME. Woking with its subsidiary DSEC we have developed one of the most advanced LNG repair packages in the world.  Our new LNG services will cover key areas such as the supply chain of various materials such as INVAR, insulation boxes, membranes, prefabricated panels and cryogenic safety valves. Meanwhile, we are also investing in new facilities including renovating our cryogenic shop so it can cater to repairing up to four LNGCs at any one time.”

ODC is one of the newest and biggest shipyards in the world and is based in Duqm (see notes to editors) Oman’s planned new ports and logistics mega city. Following a soft opening in 2011 the $1.5bn shipyard, which is 1.3m sq metres in size, has drydocked more than 230 vessels.

Dr Abdulmalik said the Greek shipping market is of vital importance to ODC.

“ODC has already delivered repairs for more than 50 Greek owned or operated ships,” he said.  “We have an important relationship with Dynacom Ship Management helping drydock a number of its vessels including VLCCs. We are further proud to repair the Astro Polaris owned by Maran Tankers which we delivered a day ahead of schedule.”

Dr Abdulmalik said ODC will be looking to increase awareness of its world class facilities and workforce at Posidonia.

“We have worked enormously hard to develop a robust track record working on a wide variety of ships from Very Large Crude Carriers (VLCCs) to container ships to LNG and LPG carriers to chemical carriers dredgers, RO-ROs and barges,” he said. “We can now show the shipping industry we not only have world class facilities, which include our massive dry docks which can accommodate any size of vessel, but we have the experience too.”

For further details on ODC marketing director Mr Johnny Woo  Muscat office Al Azaiba, P.O. Box : 3972, Ruwi, Postal Code 112, Muscat, Sultanate of Oman

Tel: +968 2452 0255 Email: jwwoo@omandrydock.com

Visit: www.omandrydock.com

 

NOTES TO EDITORS

 

GTT BACKGROUND

GTT (Gaztransport & Technigaz) is an engineering company formed in 1994 by the merger of the two major players in the field of LNG (Liquefied Natural Gas) membrane containment systems: Gaztransport and S.N.Technigaz resulting in a cumulative experience of more than 60 years in the field of cryogenics and storage of liquefied gases.

GTT’s two main areas of expertise are cargo containment systems (CCS) for LNG carriers and land storage of LNG. LNG carriers and tanks designed with GTT containment systems have also been used to carry and store other liquefied gases (LPG, Ethlyene etc.).

GTT licences its technologies to world leading shipyards and EPCs for the construction of LNG carriers and land storage tanks.

The GTT systems are approved by all the major classification societies and the capacity range for existing vessels is 20.000 to 266.000 m3 and for installed land storage tanks is 8.000 to 200.000

OMAN DRYDOCK BACKGROUND

In 2006, the Omani Government established Oman Drydock Company (ODC) in Duqm located in the central area of Oman in order to develop and diversify heavy industries in Oman in addition to the oil refinery industry.

At the same time Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) of Korea signed a contract of management and operation of ODC. Currently 30 professionals above manager class including the CEO from DSME are working for ODC.

ODC has a total of 1.3 million square meters of land in Duqm for its operations. It is equipped with state-of-the-art facilities including:

Two ULCC class graving docks (410m x 95m, 410m x 80m)

Five quays of 2,800 m long with water depth of 9-10 meters

14 units of jib crane with lifting capacity of 100 ton to 40 ton

A slop and sludge treatment facility including slop tanks to store 10,000 cubic meters

Five workshops covering outfitting, electrical works, machinery, hulls, blasting and painting and cryogenics

DUQM BACKGROUND

ODC, forms a centre piece of His Majesty the Sultan’s formidably ambitious 10 year $15bn masterplan to transform the town of Duqm into ‘an economic powerhouse’.  Over the next 20 years Duqm is expected to see supercharged growth driven by the thriving shipping, petrochemical, logistics and offshore  industries. The Duqm master plan is part of the Sultan’s 2020 vision which seeks to diversify Oman’s economy.

FACTFILE AL DUQM — The Special Economic Zone Authority at Duqm (SEZAD)

DUQM
Duqm is located 450km (280 miles) south of Muscat, based in Al Wusta Govornate.

$15bn investment to create world leading multi- industrial, maritime, commercial and logistics hub.

Plans include petrochemical factory, a refinery, an airport, beach-front hotels, and housing for more than 100,000 people.

Further plans are taking shape to build roads, pipelines and railways to link up with Saudi Arabia and the United Arab Emirates.

The largest development of its kind in the Middle East and North Africa (MENA), and among the biggest globally.

Expected to generate 20,000 jobs.

Strategically located for world maritime industry on southeast Arabian peninsula.

Attractive and convenient for foreign investors – package of incentives for setting up operations with tax breaks and land deals.

Package includes 100 per cent foreign ownership and tax exemptions.

The business area has attracted investors from Asia, Europe and the Americas.

The authority promises to provide a full range of infrastructural facilities for investors.

Total land area of 1,770 sq km is divided into two parts, designed to enable the Authority to gradually expand it.

Currently focused on an 800 sq km area which includes the dry dock.

Construction work on a major refinery is expected to start in 2015 with completion slated for 2018.

The project aims at enhancing the Sultanate’s status in the field of petrochemical industries, while generating significant job opportunities for Omanis.

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