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OFCO – Offshore International to be headquartered in Abu Dhabi
SAFEEN, Abu Dhabi Ports’ maritime arm, has recently signed a historic agreement with Allianz Marine & Logistics Services (AMLS), to launch a new international provider of integrated maritime logistic services.
Operating under the title of Offshore Support and Logistics Services Company (OFCO – Offshore International), headquartered in Abu Dhabi, the new joint venture will be one of the largest, most capable, and cost-efficient providers of onshore and offshore integrated logistics solutions and subsea services in the GCC region and beyond.
Setting itself apart from the competition, OFCO combines SAFEEN’s strategic position and experience as a port marine operator, with AMLS’ diversified fleet and expertise in offshore logistics and supply chain management.
OFCO is uniquely-positioned as a ‘one-stop-shop,’ offering clients a spectrum of service solutions including integrated logistics for oil and gas/engineering procurement and construction (O&G/ EPC) companies, inspection repair and maintenance (IRM), and subsea services, supported by Abu Dhabi Ports’ land-based operations.
OFCO’s broad range of services will be aimed towards large offshore infrastructure projects, which include ongoing operations within the regional oil and gas sector, as well as future projects set to be launched in the coming years.
Captain Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, said: “The launch of OFCO represents a significant leap forward for SAFEEN, which is one of the main pillars of our maritime business.
“By adding OFCO to our extensive portfolio of trade, logistics, and port services, we are in a position to offer our regional and global customers a very comprehensive and compelling end-to-end value offer, in one place and at the same time.
"Working closely with trusted partners, we are responding to market needs and expanding Abu Dhabi’s role as the regional and global hub for offshore services.”
Captain Maktoum Al Houqani, Head of Maritime Cluster, Abu Dhabi Ports, said: “When we considered the growth of the global offshore support vessel market, as well as the offshore projects market, we saw a tremendous opportunity and potential for a new integrated marine logistics provider.
"With access to a growing diversified fleet of modern vessels, our partnership with AMLS will allow us to take our expertise and capabilities to new horizons, and unleash our full potential as a preferred global maritime services provider.
“What makes OFCO unique in our marketplace is that it offers an unbeatable combination of efficiency, capability, expertise, and value for our customers, our emirate, and our country as a whole. We believe that the market is ready, and so are we.”
Ahmed Khalil, General Manager of Allianz Marine & Logistics Services, said: “Our partnership with SAFEEN is a significant milestone for AMLS.
"By engaging with one of the subsidiaries of Abu Dhabi Ports Group, which is positioning Abu Dhabi as a major global gateway for offshore logistics and services, we are enhancing not only our ability to support regional infrastructure projects, but are expanding our existing portfolio internationally as well.
"We believe that OFCO will be a game changer for the oil and gas market, providing integrated offshore logistics solutions and operational excellence to our clients.”
As part of a wider value offering, OFCO’s customers will also have access to a broad spectrum of trade logistics and services offered by Abu Dhabi Ports, which include offshore, onshore, base operations, logistics, industrial zone, and maritime services.