Distribution Agreement Imi
Kelly McHenry, CEO of ARO Drilling, said: “ARO is working to increase our presence in the region and we are pleased to conclude agreements that will allow us to use local production capacity to support our fleet growth objectives. IMI also signed a subsequent contract with long-term partner Lamprell Energy (LEL) for the construction of two Keppel LeTourneau Super 116E drilling rigs. Fathi K Al Saleem, CEO of IMI, commented on the signing of the license agreement as: “This is an important step for IMI to ensure the necessary knowledge and to obtain the best Rig design suited to our state-of-the-art construction capabilities, ready for decades to come.” “Thanks to these sales contracts, ARO will acquire two state-of-the-art jack-ups and we look forward to partnering with IMI for the delivery of these equipment.” DHAHRAN, Saudi Arabia, October 15, 2019 /PRNewswire/ — International Maritime Industries (IMI) announced today that it has signed a licensing agreement with GustoMSC, a NOV company. The agreement allows IMI to efficiently build drilling rigs and deliver them to its customers. The agreement includes a new GustoMSC drilling jack design that will use the modern production capabilities currently planned at IMI. As a result of the agreement, IMI will be fully prepared for its first production activities, expected in 2021. The agreement provides for 100 MW of Jolywood modules to enter the Thai market and 200 MW throughout the Southeast Asian region. The move comes when Jolywood sees his entry into Southeast Asia. No further details have been released. In September last year, IMI signed a vessel purchase agreement (VPA) with Bahri and a subsequent contract with its long-time partners Hyundai Heavy Industries (HHI) to build a 319,000 DWT crude oil producer. Jolywood (Taizhou) Solar Technology Co. Ltd., based in China, has signed an agreement with Thai company IMI Industries Co., Ltd. under which the IMI jolywoods group will market bifacial dual glass photovoltaic modules in the Thai solar energy market.
By sending this form, you agree that pv magazine will use your data for the purpose of publishing your comment. With production expected to begin at the end of this year, the facility is expected to be fully operational by 2022. ARO Drilling is a joint venture (JV) of Saudi Aramco and Valaris Companies and is an offshore drilling company that owns, operates and manages a fleet of high specifications and premium jack-up rigs in Saudi Arabia. Once completed, the facility is expected to have an annual capacity of four newly constructed offshore facilities and more than 43 newly constructed vessels, as well as very large crude oil carriers (VLCCs), in addition to the maintenance of more than 260 marine products. Independent oil and gas orders for the Phase 1 Central Project The full design development will begin in the coming weeks. GustoMSC acts as an independent Rig design company that allows ES IMI and its customers to have open access to all major suppliers who wish to be part of the next construction program. About a year ago, ARO Drilling announced its intention to order at least 20 drilling trolleys for the construction of the IMI. Rig`s first order is expected to be completed in the second half of 2020. IMI is located at the King Salman Complex for International Maritime Industries – Services in Ras Al-Khair, Saudi Arabia. Maersk Drilling secures another three-well contract for Maersk Voyager in Angola At the moment, Jolywood signed a collaboration contract with Xian Longi Silicon Materials in May 2016 to develop PV cells and monostalline modules. Nils van Nood, CEO of GustoMSC, added: “IMI is an important part of the Saudi 2030 vision.
Contributing to this vision is a great opportunity for us to serve important clients in Saudi Arabia and the region. As a design company and special investment provider, we see an important partner in IMI. International Maritime Industries (IMI) has signed two contracts with ARO Drilling for the construction of two LETOURNEAU Super 116E offshore drilling facilities in Saudi Arabia.