DeepOcean and Jana Marine officially established JADE Subsea Services. This new joint venture operates from Saudi Arabia. A Heads of Terms agreement formalized the partnership. The entity will deliver comprehensive subsea services. Its scope covers the entire Middle East.
Joint Venture Formation
JADE Subsea Services’ formal establishment marks a significant collaboration. Global subsea provider DeepOcean joined forces with Jana Marine. Jana Marine is a leading Saudi marine contractor. Their agreement outlines the framework for this new Saudi-based operation.
Strategic Partnership
This strategic alliance leverages the complementary strengths of both parent companies. DeepOcean brings its extensive international expertise in complex subsea operations. Jana Marine contributes its deep understanding of the local market and regional logistical capabilities. Together, they form a robust platform for growth in the Middle East’s energy sector.
Service Offerings
JADE Subsea Services will provide an integrated suite of specialized subsea solutions. These core offerings include advanced subsea construction services. The venture also focuses on crucial inspection, maintenance, and repair (IMR) activities. Furthermore, it will deliver specialized diving support operations.
Regional Operational Scope
JADE Subsea Services’ operational reach extends across the entire Middle East. This broad scope allows the venture to cater to diverse client needs. It supports critical infrastructure projects. It also addresses ongoing operational needs in the dynamic subsea environment.
The formation of JADE Subsea Services marks a notable development. It benefits the Middle East’s subsea industry. This new venture aims to enhance service delivery. It also seeks to improve operational efficiency for clients throughout the region.
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