Maritime Industrial Services

Last updated

Maritime Industrial Services Co. Ltd. Inc.

Maritime Industrial Services Co. Ltd. Inc.
Company type Public limited company
OSE: MIS
Founded1979
Headquarters Dubai, United Arab Emirates
Area served
Worldwide
Key people
Mazen Shaat (CEO)
Kamal Zaki ALLaithi(CFO)
RevenueFY 2010 US $385.4 million [1]
FY 2010 US $35.7 million [2]
Number of employees
+4,500
Website

The MIS Group (Maritime Industrial Services), is a diversified engineering and contracting group providing a broad range of products and services to the energy sector. It is a subsidiary of Lamprell PLC.

Contents

MIS’ business scope covers EPC, Fabrication, New Build, Rig Refurb, Tech Services (Operations & Maintenance) and Safety Services.

MIS’ operational scope of work covers engineering, procurement, fabrication, construction, safety, operating and maintenance services to the oil, gas, petrochemical, energy, power generation and marine industries.

History

1979: Foundation of MIS
1985: Relocation from Dubai to Sharjah yard and start of pressure vessel manufacture
1985: Acquisition of Sunbelt Safety division
1990: EPC start up
2001: MIS Arabia joint venture
2006: First New Build contract signed
2007: MIS listing on the Oslo Børs stock exchange
2008: Acquisition of Rig Metals (onshore rig components)
2009: Delivery of the first rig in the Middle East and the launch of EPI
2010: Start-up of Production Services, the acquisition of Litwin PEL, and MOU with Kavin Engineering
2012: Acquisition by Lamprell PLC

Business Activities

MIS’ business is based around six main value streams (business activities) but since 2008 has gained 4 more as acquisitions and start-ups. [3]

Main Value Streams

Acquisitions and Start-ups

Operations

The company's operations span several markets: Sharjah UAE where the company has 200,000 m2 quayside facilities in Port Khalid; Kuwait, Qatar and Saudi Arabia under the name MIS Arabia (a joint venture). MIS’ geographical footprint also covers Egypt, Kazakhstan and Iraq.

Related Research Articles

<span class="mw-page-title-main">Oil platform</span> Offshore ocean structure with oil drilling and related facilities

An oil platform is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platforms will also have facilities to accommodate the workers, although it is also common to have a separate accommodation platform linked by bridge to the production platform. Most commonly, oil platforms engage in activities on the continental shelf, though they can also be used in lakes, inshore waters, and inland seas. Depending on the circumstances, the platform may be fixed to the ocean floor, consist of an artificial island, or float. In some arrangements the main facility may have storage facilities for the processed oil. Remote subsea wells may also be connected to a platform by flow lines and by umbilical connections. These sub-sea facilities may include one or more subsea wells or manifold centres for multiple wells.

<span class="mw-page-title-main">Engineers India</span> Indian public sector engineering company

Engineers India Limited (EIL) is an Indian public sector industrial technology, engineering consultancy and technology licensing company. It was set up in 1965 with the mandate of providing indigenous technology solutions across hydrocarbon projects. Over the years, it has also diversified into synergic sectors like non-ferrous metallurgy, infrastructure, water and wastewater management and fertilizers.

<span class="mw-page-title-main">Malaysia Marine and Heavy Engineering</span>

Malaysia Marine and Heavy Engineering Holdings Berhad is a Malaysian owned shipbuilding and heavy engineering industries company. It was formerly known as Malaysia Shipyard and Engineering Sdn Bhd. MHB has been long involved in oil and gas engineering and construction works.

Essar Shipping Ltd., now Essar Shipping Ports & Logistics Limited, is an Indian shipping corporation for the global energy business. Established in 1945, Essar Shipping was formally incorporated in 2010 and is listed on the Bombay Stock Exchange. Headquartered in Mumbai, it operates as a subsidiary of the Essar Group.

Iranian Offshore Engineering and Construction Company (IOEC) is the first Iranian general contractor in the oil and gas industries. IOEC specializes in offshore EPC project. The company was established in 1991 and operates mainly in the Persian Gulf, with its head office in Tehran.

<span class="mw-page-title-main">Abu Dhabi National Oil Company</span> UAE state-owned oil company

The Abu Dhabi National Oil Company, known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).

<span class="mw-page-title-main">Vetco</span> British oilfield service company

Vetco was a British oilfield service company that was established in July 2004 and operated through its subsidiaries Vetco Gray and Vetco Aibel AS. Vetco was the result of a consortium consisting of the private equity firms Candover, 3i and JP Morgan Partners, which took over ABB's oil and gas division, ABB Offshore Systems. These companies have served the upstream oil and gas industry since 1903 and are suppliers of products, systems, and services for onshore and offshore drilling. Vetco was headquartered in London UK, and employed over 10,000 people in more than 30 countries worldwide.

Samsung Engineering Co., Ltd. is a Korean construction and project management (EPC&PM) company, it provides a full range of engineering services including feasibility studies, design, procurement, construction, and commissioning.

<span class="mw-page-title-main">Offshore drilling</span> Mechanical process where a wellbore is drilled below the seabed

Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.

Altrad Babcock Ltd is part of Altrad.

<span class="mw-page-title-main">Arabtec Holding PJSC</span>

Arabtec Holding PJSC, Dubai's most heavily traded and largest construction group in GCC together with its subsidiaries, provided construction services for residential, commercial, oil and gas, infrastructure, power, facilities management, and property development sectors in the United Arab Emirates and internationally. It operated through Construction; Mechanical, Electrical and Plumbing; Oil & Gas, Infrastructure and Power; and other segments. The company was involved in the construction of high-rise towers, buildings, and residential villas, as well as drainage, electrical, mechanical, and plumbing contracting, and civil and infrastructure construction works. It also engaged in real estate investment, development, leasing, and management activities. In addition, the company manufactured precast panels and steel structures, as well as ready-mixed concrete

<span class="mw-page-title-main">Grup Servicii Petroliere</span>

Grup Servicii Petroliere is a Romanian company providing offshore integrated services for oil and gas industry. The company, established in 2004, is a member of UPETROM Group.

<span class="mw-page-title-main">Oando</span> Nigerian multinational energy company

Oando Plc is a Nigerian multinational energy company operating in the upstream, midstream and downstream.

<span class="mw-page-title-main">Lamprell</span> Oil rig construction company

Lamprell plc, based in the United Arab Emirates, specialises in construction and fabrication, servicing both the Renewables and Oil & Gas industries. It builds wind turbine foundations as well as shallow-water drilling jackup rigs, liftboats and land rigs, and it also carries out rig refurbishment. In 2021 the company added a Digital business unit servicing not only the renewables and oil & gas sectors but other related industries. It is listed on the London Stock Exchange.

<span class="mw-page-title-main">Al Başrah Oil Terminal</span> Iraqi oil terminal

Al Başrah Oil Terminal, commonly referred to as ABOT, is a strategically critical Iraqi offshore, deep sea crude oil marine loading terminal that lies approximately 50 km (31 mi) southeast of the Al-Faw Peninsula in the Persian Gulf. Along with its sister terminal, the Khawr al ‘Amīyah Oil Terminal, the terminals provide the principal point of export for more than eighty percent of Iraq's gross domestic product as of 2009, and all of the oil from the southern Başrah refinery.

<span class="mw-page-title-main">Habshan–Fujairah oil pipeline</span> Oil pipeline in the UAE

Habshan–Fujairah oil pipeline, also known as "Abu Dhabi Crude Oil Pipeline (ADCOP)", is an oil pipeline in the United Arab Emirates. It starts from the Habshan onshore field in Abu Dhabi and runs to Fujairah on the Gulf of Oman.

Steven Lamprell is the president, the largest shareholder and founder of Lamprell Plc., a company specializing in the construction and maintenance of Oil and Gasrig.

<span class="mw-page-title-main">Cameron International</span> American oilfield services company

Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, an SLB Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.

TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.

<span class="mw-page-title-main">Sharjah National Oil Corporation</span> Energy company in the Emirate of Sharjah, UAE

SNOC is an Oil and Gas producer based in Sharjah, UAE. Established by Emiri decree in 2010, SNOC is a corporation wholly owned by the government of the Emirate of Sharjah. SNOC is the operator of the Sajaa Assets located in Sharjah, UAE. The Sajaa Assets consist of four gas fields, a hydrocarbon processing complex, and two marine terminals.

References