The contract, expected to turnover almost $20m, has strengthened Add Energy’s Middle East presence as well as providing the capacity to secure an additional 40 jobs to complete the proposed projects.
Under the commercial partnership with DC Gruppe, which includes an office base in Saudi Arabia, Add Energy can now offer its technical know-how and specialized engineering solutions to the demanding Middle East market.
The new relationship will not only enable Add Energy to widen its Middle East presence out with its Middle East headquarters in Muscat, but it will also allow for further bidding on key asset support service work in the region.
Peter Adam, Add Energy’s EVP for Asset & Integrity Management said: “We are thrilled to be partnering with industry leaders, DC Gruppe, further strengthening both companies’ core offering and expert services in this area.
“In having established offices and delivering successful projects in Oman, Saudi Arabia had always been a logical key focus for Add Energy and our future growth. This partnership signifies the commitment that both companies are willing to make in order to drive optimization and safety integrity across operations in Saudi Arabia.”
Noor Alnahhas, Managing Director of DC Gruppe, also commented on the agreement, "We are excited about our partnership with Add Energy. As leaders in asset and integrity management, the company brings a unique set of services and solutions that complements and strengthens our existing offering in the region. During these challenging market times, clients are looking for solutions that provide efficiency, integrity and cost reduction and we believe this partnership will help us deliver exactly that."