AnnualReport 2014 - page 19

Organization of Arab Petroleum Exporting Countries
OAPEC
Sponsored Ventures
Volume 40 Issue 5
19
Arab Shipbuilding and Repair
Yard (ASRY) , has welcomed a new
dedicated living quarters outfitter and
HVAC facility operated by UAE-based
Seven Seas within the yard. The facility
includes a metal moulding workshop, a
carpentry workshop, offices and stores,
and will increase the variety and quality
of accommodation and air conditioning
worksASRY can offer ship and rig clients.
The facility was launched at a ribbon-
cutting ceremony that was attended by
ASRY Chief Executive Nils Kristian
Berge, ASRY Technical Resources and
Business Development General Manager
Magdy Mustafa, Seven Seas Chairman
and Owner Freddy Sidhwa, CEO and
Owner Shahvir Sidhwa and Managing
Director Craig Rose as well as other
officials from both companies.
“ASRY is well-known for its range
of onsite specialist contractors, of which
Seven Seas is a leading example, and one
of a series of new additions,” said Berge.
“This is the thirddevelopmentmade under
Project Jupiter, an initiative launched in
2014 to make ASRY the leading provider
of onsite specialist contractors in the
Middle East. We have already announced
two developments of this project – a new
SOLAS facility under development, and
a new ABB workshop recently opened
– and this new Seven Seas facility is the
third announcement, with more still to
come this year. ASRY’s partnerships with
companies like Seven Seas are integral
to our development, and I look forward
to our companies achieving even more
growth together.”
ASRY’s New Facilities
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