Mohammed Bin Saleh Al Sada News

Doha-listed LNG and LPG carrier owner Qatar Gas Transport Company Ltd (Nakilat) reported a consolidated net profit of QR1,003m (USD $270 million)  in 2019, an increase of 12.4 percent, as compared to QR892m posted for the same period in 2018.The 2019 net profit is Nakilat’s highest profit recorded since its inception, said the Qatari shipping and maritime company.Nakilat's robust financial performance is primarily attributed to operational excellence in the management of its Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) vessels, as well as realizing additional revenues from the two additional LNG carriers, one Floating…

Qatari marine company Nakilat said that it continued to push boundaries and successfully implemented several long-term growth strategies by strengthening its international presence and diversifying its fleet towards maintaining global leadership in liquefied natural gas (LNG) transportation.Nakilat is a shipping and maritime company with the world's largest LNG shipping fleet.Dr. Mohammed Bin Saleh Al Sada, the Chairman of Nakilat’s Board of Director, said that Qatar Gas Transport Company's (Nakilat) expanded its fleet with the addition of two liquefied natural gas (LNG) carriers and acquired a major stake in its first floating storage regasification unit (FSRU)."This opened a new horizon and business avenue for Nakilat…

Nakilat has announced the management takeover of Q-Max LNG carrier Mozah from Shell International Trading and Shipping Company Limited (STASCO). This is the first vessel to be transitioned as part of the phased management transition. Mozah will also be the first Q-Max LNG carrier to be managed in-house by NSQL, which is currently managing 4 Q-Flex LNG and 4 large LPG carriers. To mark the occasion, a video conference was held between Minister of Energy of Industry & Industry and Chairman of Nakilat H.E. Dr. Mohammed Bin Saleh Al Sada and the personnel onboard Mozah, to welcome them to Nakilat and discuss the importance of this transition to Nakilat and the State of Qatar. Nakilat Managing Director Eng.

Eng. Abdullah Fadhalah Al-Sulaiti, Chairman of N-KOM and Managing Director of Nakilat, said, "Nakilat is a world-leader in global gas transportation and we are proud that Nakilat's joint venture with Keppel Offshore & Marine has grown to become a leader in the repair of LNG carriers. The shipyard's continued success is part of our commitment to the sustainable diversification of Qatar's economy and to the Qatar National Vision 2030. On the occasion of this important milestone, we are deeply thankful to HE Dr.

Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port. HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti, Minister of Transport, witnessed the signing ceremony between NDSQ and NPP, on Wednesday, 17th December 2014. The contracts were signed by Eng. Abdullah Fadhalah Al Sulaiti, Chairman of NDSQ and Managing Director of Nakilat, and Capt. Abdulla Al-Khanji CEO Qatar Ports Management Company & NPP General Supervisor. NDSQ will build four 29m-long Azimuth Stern Drive (ASD) tug boats, three 16m-long mooring boats and four15m-long glass reinforced plastic (GRP) pilot boats.

Nakilat-Keppel Offshore & Marine (N-KOM) received the Safety & Security Award at the inaugural edition of The Maritime Standard (TMS) Middle East & Indian Subcontinent Awards, held at Atlantis The Palm, Dubai. Sponsored by ADNATCO-NGSCO, this is the first award the shipyard has received in the Safety category. The award underlines the company’s strong commitment towards safety and effectiveness of its robust safety program, Safety Excellence 2020, which aims to cultivate safety ownership and safe workplace behavior through empowerment…

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth US110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M). The first contract is for the construction of a self-propelled and self-elevating liftboat, which is customised for field transit operations in the Middle East and North Africa (MENA) region in water depths of up to 65 meters. When completed at the end of 2015, the liftboat will provide accommodation and platform support services for a customer with operations in Qatar.

Qatar Petroleum (QP) announced plans to invest over 40 billion Qatari Riyals (QAR) in the re-development of the existing Bul Hanine offshore oil field located about 120 kilometers to the east of the Qatari coastline. The project, which is currently at the pre-FEED stage, is one of the largest to be managed and executed by QP. It is designed to prolong the field’s life by countering its production decline and doubling its current oil production rate. Commenting on the redevelopment plans, H.E. Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Chairman of QP, said: “This important project is part of a development and production strategy based on maximum recovery of reserves through the longest possible plateau of sustainable production levels. H.E. Dr.

Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has laid the keels for two 16m-long Stan Tugs, part of a seven-vessel order for marine services provider Nakilat Svitzer Wijsmuller (NSW). A small ceremony to mark this important step in the shipbuilding process was held at NDSQ’s facilities at Erhama Bin Jaber Al Jalahma Shipyard in Qatar’s Port of RasLaffan. The two twin-screw Stan Tugs have a bollard pull of 15 tons and will be used for mooring vessels visiting the Port of RasLaffan.

Middle East shipyard Nakilat-Keppel Offshore & Marine (N-KOM) has won the Ship Repair/Shipyard award for the second consecutive year at the Seatrade Middle East & Indian Subcontinent Awards 2013. Abu Bakar Mohd Nor, CEO of N-KOM said, "We are deeply honored and encouraged by this recognition of our efforts by the regional maritime industry. This award not only reaffirms our growing presence in the Middle East, it also reflects the high level of customer satisfaction with our services and our facility. "I would like to thank HE the Minister of Energy and Industry Dr.

Qatar Liquefied Gas Company Limited (Qatargas) and Petronas LNG (UK) Limited  have signed a 5-year Sales and Purchase Agreement (SPA) for shipment of an annual LNG volume of 1.14 million tones, to the UK, effective January 2014. The LNG will be supplied from Qatargas 4 (Train 7), a joint venture between Qatar Petroleum and Shell which started production in January 2011, and will be delivered on board Q-Flex LNG Vessels to Petronas’ Dragon LNG Terminal located in Milford Haven, United Kingdom. His Excellency Dr.

Qatar Petroleum and Shell announced that the Pearl gas-to-liquids (GTL) plant, located in Ras Laffan Industrial City in the State of Qatar, has sold its first commercial shipment of GTL Gasoil. The sale marks the start of production of GTL products when the State of Qatar and Shell, the operator of the Pearl GTL plant, begin to receive revenue from the project. Over the coming months, production will ramp up from the first production unit (‘train’) of the Pearl GTL project. The second train is expected to start up before the end of 2011. The plant is expected to reach full production capacity by the middle of 2012 and is the largest energy project ever launched in the State of Qatar. His Excellency Dr.

Qatar Petroleum and Shell today announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural gas wells offshore allowing the first sour gas to flow through a subsea pipeline into the giant GTL plant onshore. Sections of the Pearl GTL plant will be started up progressively over the coming months.