MMEC Mannesmann opens Abu Dhabi HQ
German engineering contractor focusing on oil and gas, chemical and mining sectors
MMEC Mannesmann GmbH (MMEC), a global leader in engineering, procurement and construction (EPC), has opened a regional headquarters office in Abu Dhabi.
Oliver Apelt, CEO, MMEC Mannesmann, said: “We consider our decision to open an office in the UAE is a significant strategic move and has come at a time when the region is going through an exciting period. This will allow us to collaborate with new partners and leverage on the new opportunities that this region offers.”
The German engineering contractor has more than 50 years of experiencing implementing projects over 80 countries and is currently working on a number of projects across the region, including the recently-won Sulphur Pipeline Project by ADNOC Sour Gas in Abu Dhabi.
The large-scale EPC turnkey contract awarded earlier this year involves installing the entire pipeline system with a capacity to transport 10,000 TPD liquid sulphur, 50% over current capacity, to Sulphur Granulation Station, around 11 km north, via pipeline.
Under the leadership of general manager Anas Al Juaidi, the Abu Dhabi team will work closely with existing office in Dubai and the headquarters in Germany towards strengthening the company’s presence in the region and leverage on the opportunities arising from the oil and gas, chemical and mining sectors.
“On the back of oil price going up by more than 60% in the past two years, reaching today equivalent levels of 2015, the Middle East and North Africa (MENA) region’s economy is projected to grow at over 3% in 2019, and, according to the World Bank, is expected to remain strong for the next two years. This, along with various on-going policy and economic reforms, will continue to drive growth for key infrastructure, oil & gas, mining and renewables sectors,” said Apelt.