NPCC makes investment to boost subsea construction projects in UAE

14 November 2019 (Last Updated November 14th, 2019 11:51)

UAE-based National Petroleum Construction Company (NPCC), a subsidiary of industrial investment holding company Senaat, has expanded its fleet with a new vessel Delma 2000.

UAE-based National Petroleum Construction Company (NPCC), a subsidiary of industrial investment holding company Senaat, has expanded its fleet with the new Delma 2000 vessel.

NPCC is investing approximately AED330m ($89.85m) towards the vessel. This investment from the company enables it to undertake more deep-water projects in the region and also globally.

The Delma 2000 vessel will enhance the firm’s offshore and subsea construction capabilities with its advanced European specifications. It comprises extended pipelines at a depth of two kilometres, a heavy-lift crane capable of lifting up to 1,600 million tonnes (Mt) and an S-lay pipelay spread.

The vessel is also equipped with a 200Mt subsea active-heave compensated crane and 308 berths to accommodate a large professional team.

NPCC CEO Ahmed Al Dhaheri said: “At the NPCC, we are committed to strengthening our capabilities to serve our customers more efficiently and push the level of complex services that we can offer.

“A significant investment in enhancing our future growth prospects, more so, as we expand our operations globally, the new vessel will enable us to undertake projects offshore that call for deepwater competencies.

“As the UAE looks to tap into its newly identified and existing oil and gas resources, we will continue to support our partners in their operations through highly efficient solutions.”

The new vessel was acquired by NPCC as part of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), which is being held at the Abu Dhabi Exhibition Centre. With the acquisition, NPCC will increase its total fleet of vessels and barges to 23.