FINANCIAL NEWS

Drydock Oman, UK firm to develop naval capability in Duqm

15 Mar 2016

(MENAFN) Oman Drydock firm and Babcock Intl’ Group have signed a deal, which aimed at jointly developing a naval capability in Duqm.

Moreover, the vision of both sides is to make a joint venture capable of offering local and intl’ navies with world-class engineering services.

The agreement is a conformation of their commitment to continue in achieving more excellence in meeting the market needs with the expectations of customers.

“We are delighted to be Oman Drydock’s chosen partner to establish this joint naval capability. The achievement of this first milestone in an important positive,” said director of Babcock.

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