BAKU, Azerbaijan, June 13. ALMACO Group, the leading system supplier for the global marine and offshore industries based in Finland will soon announce the first actual project with SOCAR-STP, the joint venture of Azerbaijan’s state oil company SOCAR and Sumgait Technology Park, Jussi Laimi, Vice President of Accommodation Newbuild Sales at ALMACO told Trend.
“We believe that together with SOCAR-STP we are able to localize production of Living Quarters and cabins in Azerbaijan for most of the future projects in Azerbaijan. In light of this some of our plans include starting shortly a cabin fabrication facility inside SOCAR-STP to serve the local markets and us being jointly able to serve all upcoming Offshore developments with more local products than ever before.
Timeframe of this is very short and we believe to already start production of some sample cabins in the next month. First actual project we hope to announce very soon,” he said.
ALMACO Group and SOCAR-STP have signed a memorandum of understanding on co-operating on offshore construction projects in the Caspian Sea region.
Reportedly, SOCAR-STP’s extensive facilities close to Baku will be used for setting up the prefabrication lines for the living quarters and cabins in accordance with ALMACO’s Mobile LQ (Living Quarter) Factory concept. The strategically important location of the prefabrication factory, as well as ALMACO’s support, will help SOCAR-STP to establish the production of accommodation products for all the projects in the region. Besides the benefits achieved from setting up the prefabrication factory in close proximity to the final installation location, the cooperation also aims to increase the level of local content in future projects in Azerbaijan.
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