In a significant development for the maritime sector, NMDC Group and ADNOC Logistics and Services have signed a three-year collaboration agreement aimed at enhancing comprehensive marine service capabilities for maritime projects. This partnership is set to strengthen the long-term relationship between the two companies, providing a robust framework for future collaboration in engineering, procurement, and construction projects in Abu Dhabi. The agreement underscores both firms’ commitment to supporting the marine energy sector in the emirate.
Collaboration Highlights
The agreement was officially signed by Eng. Yaser Zaghloul, CEO of NMDC Group, and Captain Abdulkareem Al Masabi, CEO of ADNOC Logistics and Services. This collaboration aims to develop integrated logistical and marine services that reflect both companies’ dedication to bolstering the maritime energy industry in the region.
A Track Record of Excellence
Eng. Yaser Zaghloul emphasized the extensive experience of NMDC Group, stating, “For over 50 years, NMDC Group has demonstrated its leadership and expertise in executing comprehensive marine infrastructure projects under the engineering, procurement, and construction model. Additionally, we manage complex logistical operations for various projects.” He added that the launch of “NMDC – LTS,” the group’s latest sector, is designed to capitalize on these capabilities, offering new opportunities in the market.
Shared Vision for Growth
Captain Abdulkareem Al Masabi noted that this partnership aligns with ADNOC Logistics and Services’ long-term strategic objectives. He stated, “This collaboration supports our goal of providing world-class integrated marine logistics solutions that contribute to the growth of the marine energy sector in the UAE.” By combining their expertise with NMDC Group, ADNOC Logistics and Services aims to introduce innovative solutions and deliver added value to stakeholders and clients in the industry, ultimately contributing to the economic development of the UAE.
Future Prospects
The agreement not only solidifies a mutual commitment to enhancing marine capabilities but also ensures that both ADNOC Logistics and Services and NMDC Group can focus on integrating their strengths across various sectors. “It is crucial for us to align our efforts to ensure enhanced effectiveness within our operational domains, benefiting both Abu Dhabi and our shareholders,” said Zaghloul, highlighting the potential for creating synergies that boost the vital maritime industries.