Oman Drydock Co (ODC) and Babcock International Group (BIG), the leading UK engineering services company, signed a memorandum of understanding (MoU) to jointly develop a naval capability in Duqm.
The signing of the MoU followed a period of concentrated efforts to bring together ODC’s well-established commercial shipyard and Babcock’s international naval support expertise, with a vision to create a joint venture (JV) capable of providing local and international navies with world-class engineering services in such a strategic location.
In a press release, ODC chairman Dr Abdulmalik al Hinai said, “We are glad with the growing demand on the maritime services provided by our company to its clients from different countries.”
“This agreement is an affirmation of our commitment to continue in achieving more excellence in meeting the market needs with the expectations of customers,” Hinai added.
Babcock’s warship support director Mike Whalley said, “We are delighted to be ODC’s chosen partner to establish this joint naval capability.” Whalley said, “The achievement of this first milestone is an important positive step towards our common goal. We are fully committed to continue to develop this initiative, hand in hand with ODC, into future operational and growth phases”.
Read more: http://www.muscatdaily.com/Archive/Business/ODC-Babcock-signs-MoU-to-develop-joint-naval-capability-in-Duqm-4n8c#ixzz42wd8tuHB
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