MariApps Marine Solutions has entered into a joint venture agreement with Rawabi Energy in the Kingdom of Saudi Arabia, with a focus on meeting the oil and gas and offshore industry’s digitalisation needs.
The new joint venture company aims to help companies in the region deliver more cost-effective and operationally optimised services through digitalisation, to meet global demand for energy exploration and supply.
By partnering with Rawabi Energy MariApps will benefit from the former’s in-depth market knowledge when developing digital offerings that can better support the industry’s digital transformation. With a fleet of over 60 offshore vessels in the Kingdom, Rawabi Energy will be able to provide the vessel system and operational insights required to customise digital solutions for the offshore industry. This includes, as an example, solutions that enable the seamless management of data collected about offshore vessel performance, in particular dynamic positioning system operations.
Sankar Ragavan, MariApps’s CEO, said, “We are happy to form this new partnership to jointly explore new opportunities in the Middle East. Digitalisation has the potential to help us improve the safety, reliability and efficiency of vessels operating in the oil and gas sector, as well as to support an accelerated transition towards cleaner energy.