Companies

Harkand expands capabilities, signs first Joint Venture in Angola

Wednesday, 24 February 2016 13:28

Harkand, has entered into its first strategic joint venture agreement with ESOPEG Lda in Angola.

According to the global inspection, repair and maintenance (IRM) company, the just established company; Harkand Angola Lda, based in Luanda, is aimed at developing local IRM abilities and services in the country, provide support and local content on both large major capital development projects as well as maintenance to current ageing operations.

This new venture, combined with the operations of the Swordfish DP2 multi-purpose vessel in the country, provides a very sound and sustainable operational basis for further development and growth both in Angola and the African region as a whole. We are now in position to offer all our knowledge, assets, services and support to all of our international and locally based clients operating in the area,” Doug Fieldgate, the company’s General Manager for Africa said.

In the past one year the company has also set up joint ventures in Nigeria and Ghana.

Angola is amongst the most resilient of the African regions in this sustained lower oil price climate. The joint venture in this country is a key milestone in the deployment and continued growth of Harkand in Africa. It not only strengthens our ability to respond to the needs of our clients, it complements our network of partnerships and local companies already operating in Ghana and Nigeria and makes a clear statement of Harkand’s commitment to becoming an integral local and sustainable player in all the regional markets we work in.” John Reed, CEO of Harkand told Subsea World News.

Anita Fatunji

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