A UAE delegation comprising industrialists and professionals from the marine, oil and logistics industries, at the invitation of its Greek counterparts, is participating in the 2nd Mare Forum Oil and Gas Europe – 2015 organised under the banner of ‘Maritime Transportation of Energy and Mediterranean Ultra Deep Water Exploration.’
The forum will discuss the geopolitical situation with regard to the Mediterranean Sea; ultra-deep water architectures and technologies related to oil and gas exploration and production; manufacture of sophisticated and specialised drilling and accommodation units and oil production barges and platforms and the regional and international maritime transport challenges; the technical challenges of onshore and offshore gas stations; maritime energy transport and associated services; tankers used for transporting oil, liquefied petroleum gas (LPG), liquefied natural gas (LNG), compressed natural gas (CNG); and matters related to market expectations, sustainability, finance and investments, preventions, risks, new ships, new types of fuel and innovations.
The delegation includes H.E. Khamis Juma Buamim, Chairman & Group CEO Drydocks World and Maritime World (pictured); H.E. Dr Ali Obaid Al Yabhouni, Governor of the UAE in OPEC, CEO of ADNATCO and NGSCO and Rashid Mohammed Al Habsi, the Chief Executive of Tasneef along with and a group of industrialists and businessmen.
Meetings have been convened with various industrial groups from Greece including those specialised in shipbuilding, repair and maintenance; maritime transport; ship owners and renewable innovations in ship design industry.
These meetings will also include an exchange of views on how to strengthen the status of the country through the development of a robust and integrated system that will have a strong base of various inputs to the maritime sector including areas such as maritime legislation and regulations, maritime education, marine industries, marine insurance and finance, classification bodies, ship owners and operators, and other success factors vital to any integrated global maritime system.
H.E. Khamis Buamim said: “The visit is a by-product of the UAE Business Group of the Marine industries which is represented by the Dubai Council for Marine & Maritime Industries that strives to strengthen cooperation and stimulate business development and cooperation in various sectors between UAE and Greece including the maritime sectors.
“This constitutes a unique and world-class platform that provides a valuable opportunity to establish, develop and promote business relationships with an elite group of leaders, clients, customers, suppliers, marine specialists and industrialists, executive leaders along with other prestigious and prominent figures in the industries and sectors of marine, oil and gas, investment, and chains of supply and logistic services.
“The Mediterranean region is undoubtedly on the verge of a huge burst of economic activity, particularly in the specialised marine operations including the exploration and production of oil and supporting services for such operations and these environmental changes are of vital importance to UAE marine industries.”
Drydocks World & Maritime World have always maintained strong business relationships with the Greek ship owners and marine shipping and transportation industries whereby the Drydocks World facility in Dubai, UAE has received 187 Greek vessels during the last five years and sales revenues from Greece amounted to 13% of the total ship repair sales in the year 2014, which establishes that the UAE has become the centre of excellence for marine industries specialised in oil and gas operations in the region.
There are currently more than 110 Greek companies operating in the UAE with a volume of business exceeding 26 billion AED and these companies account for 70% of the vessels refuelling operations between the continents of Europe and Asia.
H.E. Buamim stressed that his team is eager to work for the development of intra-trade relations and continuous exchange of visits and hard work that will result in the development and diversification of business; and open future prospects and new markets; encouraging investment and development of innovative ideas in this area.