MEMBER NEWS: Qatar partnership signed between Marex and Sea Horizon

December 19, 2023
MEMBER NEWS: Qatar partnership signed between Marex and Sea Horizon

Aberdeen-based risk management specialist Marex has signed a significant partnership agreement that sees them entering a new market in the Middle East.

The agreement with Qatar-based Sea Horizon Offshore Marine Services has led to the first joint endeavour kicking off in the nation state.

The six-month project is for QatarEnergy, using a risk-focused approach to examine emergency response planning around two ports in Ras Laffan and Mesaieed, including the development of credible scenarios and the provision of training.

Managing director Wayne Henderson, who has recently returned from Doha, said: “This is an important moment for the business, as we continue to pursue more international opportunities and create a balanced business model.

“The QatarEnergy project plays to key specific areas of expertise for us, using both our ports and marine experience as well as our in-depth understanding of risk management.

“We’re looking forward to continuing to work with Sea Horizon and building a successful partnership across the wider Middle East.”

Danial Kaabi, CEO of Sea Horizons Offshore Marine Services, said: “It is a great pleasure to partner with a company like Marex for a project of this importance within the Qatar maritime sector.”

Ras Laffan is located around 80km north of Qatar’s capital Doha in the Arabian Gulf and is the state’s main liquefied natural gas (LNG) production site.

Mesaieed Port is situated on the east coast of the Qatar peninsula, around 45km south of Doha.

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Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

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