McDermott International, Ltd’s Post

It’s truly remarkable to witness the transformation unfolding in Qatar! #McDermott The Middle East is renowned for its strategic significance, and Qatar is no exception, rapidly becoming a hub of industrial growth and economic potential. McDermott International, Ltd is at the helm of this strategic expansion, charting a course for sustained development in the region. Let’s delve into this further, shall we? 🤔 Understanding the sources of growth is simpler when we recognize the direction set by leadership. Neil Gunnion, the Country Head and VP of Operations for Qatar at #McDermott, has articulated a clear vision: The primary goal is to leverage local execution and nurture talent development. This focus is commendable and aligns perfectly with the region’s aspirations. The company’s recent accolades within the region are a testament to its dedication to bolstering in-country capabilities. #McDermott’s approach is methodical, advancing discussions that facilitate a smooth transition from Pre-FEED to FEED, and ultimately to EPC. This strategic plan enables #McDermott to secure new projects and create jobs, marking significant milestones and expanding the scope of its involvement in the region. In an era where innovation is key, McDermott is a trailblazer in Qatar, proactively engaging and thereby enhancing its regional portfolio over time. Investing in the future is crucial, and McDermott’s focus on the graduate development program is a strategic move aligned with long-term objectives. This initiative is a game-changer for McDermott, addressing the industry’s immediate needs while ensuring a sustainable workforce for future developments. The narrative is familiar: sow the seeds correctly, and you’ll reap the benefits when the time is right. Despite challenges, the results are clear. McDermott is not only driving growth in Qatar but also demonstrating resilience and adaptability. #Kudos to Qatar for securing a steadfast partner for the years ahead. #McDermott #insightswithpablocosta #middleeast #qatar Source: https://lnkd.in/dZfHBaKa

Good to know that all levels of seniority are held accountable.

Combined Group wins two contracts in Kuwait

✨ 𝐏𝐮𝐛𝐥𝐢𝐜-𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 (𝐏𝐏𝐏) 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 This type of projects have been booming in the Middle East, particularly in Saudi Arabia and Egypt. 𝘐𝘯 𝘵𝘩𝘪𝘴 𝘷𝘪𝘥𝘦𝘰, 𝘐 𝘸𝘪𝘭𝘭 𝘦𝘭𝘢𝘣𝘰𝘳𝘢𝘵𝘦 𝘰𝘯 𝘵𝘩𝘪𝘴 𝘵𝘳𝘦𝘯𝘥 𝘢𝘯𝘥 𝘥𝘪𝘴𝘤𝘶𝘴𝘴 𝘵𝘩𝘦 𝘧𝘢𝘤𝘵𝘰𝘳𝘴 𝘵𝘩𝘢𝘵 𝘩𝘢𝘷𝘦 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘦𝘥 𝘵𝘰 𝘪𝘵𝘴 𝘨𝘳𝘰𝘸𝘵𝘩.  At the intersection of public and private interests lies the Public-Private Partnerships (PPPs), a collaborative approach to jointly delivering public services or projects. Under this arrangement, the government and a private sector entity enter into a contractual agreement where the private partner contributes financing, expertise, and resources towards the successful execution of the project. In most cases, the private sector assumes responsibility for the construction, operation, and maintenance of the project, while the public sector provides oversight and regulatory functions to ensure that the project meets its ultimate objectives 𝐇𝐚𝐢𝐭𝐡𝐚𝐦 𝐄𝐥𝐤𝐨𝐭𝐭 #watertreatment #ksa #egypt

Kindly share your project inquiry for Qatar and Saudi Arabia

Recap of one of the Major projects of OMAN

#BNCPollResult: Discover the top project owners shaping the UAE's future! From industry giants like Nakheel, ADNOC Group Offshore, and Dubai Municipality to innovative players such as Serco Middle East and ExxonMobil Corporation, uncover the key players driving development. https://lnkd.in/dbW4azwX Sign up for free to delve deeper into the details and gain invaluable insights! #BNCInsights #UAEProjects

The size of current projects and during the next seven years in the eastern region of the Kingdom of Saudi Arabia..

What is an Offshore company in UAE? In the UAE, only the Ajman Free zone, Ras Al Khaimah and Jebel Ali Free zone, permit the establishment of offshore companies. Offshore company Setting up: 1️⃣ Choose your offshore jurisdiction 2️⃣ Pick a catchy company name 💰 No worries about minimum capital – it's not required for offshore companies! Start your offshore journey now! #OffshoreCompany #GlobalBusiness #UnlockOpportunities #TaxAdvantages #AssetProtection #BusinessExpansion #TakeTheLeap #ExploreNewHorizons

#SaudiArabia's ambitious drive towards #economic diversification and industrial self-sufficiency is significantly bolstered by strategic partnerships with global leaders, as illustrated by the recent $2 billion contract awarded to #Italy's Saipem by #Saudi aramco for the development of the #Marjan #oil #field. This collaboration underscores the Kingdom's commitment to fostering local industrial capabilities, leveraging international expertise, and advancing its #energy sector while creating sustainable #growth opportunities. ▪️The Marjan project is more than just an infrastructure development endeavor. It represents a concerted effort to nurture local talent, enhance technological proficiency, and embed advanced industrial practices into the #Saudi #economic #landscape. By entrusting #Saipem with engineering, procurement, construction, and installation of vital marine infrastructure, #SaudiArabia is not only ensuring the efficient development of its energy resources but also cultivating a #skilled #workforce and vibrant industrial base. ▪️This landmark contract signifies more than a #business #transaction; it exemplifies the Kingdom's #vision for a diversified, #knowledge-#based #economy. Through strategic international collaborations, Saudi Arabia is actively promoting technology transfer, knowledge sharing, and the localization of critical industries. This forward-thinking approach not only strengthens the Kingdom's energy sector but also lays a robust foundation for #future #growth and #prosperity in a rapidly evolving global landscape.