Eversendai starts first project at RAK yard

Steel-cutting ceremony marks start of operations of offshore business

(front, left) Eversendai Offshore CEO Narish Nathan and (centre) Eversendai chairman Tan Sri AK Nathan at the steel cutting ceremony
(front, left) Eversendai Offshore CEO Narish Nathan and (centre) Eversendai chairman Tan Sri AK Nathan at the steel cutting ceremony

Contractor Eversendai has held a steel cutting ceremony at its new yard in Ras Al Khaimah marking the start of work on its first project.

The 200,000m2 yard, which sits along 550m of quayside at RAK Maritime City, is building a pair of self-propelled jack-ups, known as liftboars, under a $180mn contract. These can be used to refurbish and service offshore rigs.

The boats have been commissioned by Eversendai's chairman and founder, Tan Sri AK Nathan, as a way of establishing a track record for the yard, which is being run by the Malaysian company's new, Dubai-based business unit, Eversendai Offshore.

This is being run by his son, Narish, and will service oil & gas and marine fabrication projects. The vessels are due to be delivered in 2016.

Tan Sri AK Nathan recently explained to Construction Week that the firm's experience in steel fabrication and in building mechanical units for power projects meant that it had the experience required for offshore work.

Speaking at the steel cutting ceremony, he said: “We remain committed to making a name for ourselves in this industry and we recognise there is a huge demand for self-propelled jack-ups on a global scale. We will be actively bidding for contracts in the Middle East and Asia and strongly believe that our extensive network and experience will provide us with an edge."
 

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