Leading O&G service provider to double production capacity
The GCC's Proclad Group, a leading global precision engineering,
manufacturing and service provider for the oil & gas and
petrochemical industries which operates major facilities in the
UAE capital Abu Dhabi, Singapore and in Scotland, is to double
its turnover through a unique technology invention that will see
production double this year.
At Proclad's global annual sales and strategy
meeting held in Dubai for the first time, Yaseen M Jaffer, CEO,
Proclad Group said: 'Our inhouse research and development wing in
Scotland and Singapore has invented new advanced technologies last
year that has greatly improved the efficiency and quality of our
products, benefiting our blue-chip customers and eventually the
entire industry in both upstream and downstream sectors.
'These technologies are path-breaking in the oil & gas industry and
we expect our turnover to double this year due to highly reduced
production time to stay ahead of the expected growth in the regional
oil & gas industry.'
Proclad currently provides a full range of technologies, products
and services, including manufacturing of weld clad pipe and pipeline
components, induction bending of unclad and clad pipe, forged
standard and clad fittings and specialist CNC machining services,
engineering design, project management and consultancy.
With manufacturing facilities in Europe, Middle East and Asia
Pacific and supported by a global network of sales offices staffed
by experienced managers and engineers, Proclad is, in terms of
capacity, the largest pipe cladding company in the world and is
expected to retain that position due to increased turnover this
The sales and strategy meet saw 12 of Proclad Group's senior
executives deliberate industry standards, global demand, market
reviews, products, agents, projects and territories group sales
figures, new deals and factories and the strategy forward for a new
market approach in 2007-2008.
'By adopting new advanced technologies Proclad can now focus on new
territories like West Africa, Latin America and CIS Countries -areas
burgeoning in O&G exploration, drilling and production,' explained
'The strategy meeting in Dubai - traditionally held at the UK
headquarters - is a forerunner to Proclad's operational headquarters
moving to the Middle East due to the increasing role this region
plays in global opinion and decision making."
'Forty per cent of our revenues come from the Middle East region.'
Proclad's AED 800 million manufacturing complex of excellence under
construction at Dubai Techno Park is a reflection of that change
within the group.
'The Techno Park complex being developed across one million square
feet is expected to be fully complete by 2007 and will house more
than 300 employees, including scientists, consultants, engineers and
technicians. We will have the capacity to produce over 400
kilometres of pipes with diameters ranging between four and 20
inches,' explained Jaffer.
The company is currently bidding over 20 projects valued from US$
500 million in the Arab world and other regions..