Al Masaood Group, a leading UAE business conglomerate that offers a wide range of industrial solutions, has announced that it had signed a collaboration agreement with Saudi-based Gulf Specialized Works (GSW) to deliver pipe cladding solutions in the UAE.
Under the terms of the agreement, Al Masaood's Projects & Engineering Services Division (PESD) will supply GSW’s advanced weld overlay cladding services to the oil and gas industry in the UAE.
The service life of components in oil and gas equipment is greatly increased by GSW's weld overlay cladding technology in corrosive environments. If the grades of cladding material are selected correctly, the equipment component can last for the entire life of a project or in some cases for 20 years, with little to no maintenance, said the statement.
Also it can be used to upgrade and refurbish components that have previously been in use, it added.
Additionally, Al Masaood’s Group Industrial also renewed its partnership with S&W, a Korean-based company, to supply high-performance valves for the oil and gas industry.
The agreements were signed by CEO Hani El Tannir with Khalid Al Shobber, Executive General Manager of GSW, and Min Myu Kim, Chief Executive Officer of S&W at the recent Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC).
El Tannir said: "These deals will support us in bringing the latest technologies and innovative solutions to the oil and gas industry. The fast-paced growth and development in the industrial sector of the UAE demands that we provide the latest technologies and innovations to help us better serve the sector."
"Global players such as GSW and S&W will enable us to elevate our services and bring in global expertise to the table," he stated.
On te key partnership, Al Shobber said: "Through this collaboration, we will be able to expand our operations and provide advanced pipe cladding solutions to the oil and gas industry across the UAE."
"This is in line with our commitment to promote sustainability in the sector by offering innovative manufacturing solutions that significantly increases equipment's service life while requiring little to no maintenance," he stated.
Al Masaood said its extended partnership with the Korean group S&W will see the continual provision of innovative solutions, including high-performance valves to the oil & gas industry in the UAE.
CEO Min Myu Kim said: "Our collaboration with Al Masaood Group has been a success so far as we have been able to penetrate the market with our innovative solutions in the UAE."
"We are delighted to extend our agreement with Al Masaood Group to continue supplying high-performance valves to the UAE's oil and gas sector," he added.-TradeArabia News Service
