Abu Dhabi Rig Builder Plans Expansion Into Offshore Wind Power

offshore rig

Abu Dhabi Rig Builder Plans Expansion Into Offshore Wind Power

By Mahmoud Habboush (Bloomberg)–An Abu Dhabi- based business that constructs boring systems for oil titan Saudi Aramco intends to branch out right into renewable resource by providing equipment for overseas wind ranches.

National Petroleum Construction Co is bidding for wind jobs in the North Sea and also checking wind-equipment tenders appearing of India and also Southeast Asia, Chief Executive Officer Ahmed Al Dhaheri claimed in a meeting.

NPCC, had by the federal government of Abu Dhabi, presently produces gears, tank and also various other hefty devices for oil firms in the Middle East and also India, consisting of Aramco, the globe’s most significant merchant.

“We are looking at developing a new sector, which is renewable energy, and focusing on offshore wind,” Al Dhaheri claimed in Abu Dhabi, resources of theUnited Arab Emirates “We are looking to fabricate and install electrical distribution structures for offshore wind farms. We have the required resources and engineering capabilities.”

NPCC anticipates to finish a procurement of a medium-size design business in Europe to assist it broaden right into renewables and also various other brand-new industries, he claimed, without offering even more information.

© 2019 Bloomberg L.P

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