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Trading & Manufacturing
United Engineering Services
United Engineering Services LLC (UES) is one of the leading oil
field services companies in Oman. Its customers consist of all
major oil and gas companies in Oman such as PDO, OLNG,
Occidental, Halliburton, Schlumberger Weatherfold, MB Petroleum,
Cameron Services, Daleel Petroleum, Dalma Energy, Shivani
Drilling, MIDWESCO, PTTEP and Great Wall Drilling etc.
UES has essentially three business streams -- manufacturing,
agency sales and drilling equipment services (DES). As part of
the sales arrangement with Smith, at the time of 100 percent
acquisition of UES, DES business will be spun off from UES to a
separate new joint venture(JV) company. All existing and future
contracts related to DES business will also be assigned to the
new JV. The new company has been incorporated in Oman in the
name of Smith International (Oman) LLC (SIOL), wherein Smith
holds 53.75 percent and UES owns 46.2 percent of the
shareholding. Smith, under a technical services agreement, will
provide services such as proprietary tools, new technology,
inventory management, second technical management and services
personnel to SIOL whereas UES will provide the support services
to the new entity.
Under the manufacturing business, UES owns and operates a large
workshop in Ghala that provides machining and fabrication of
specialized equipment used in the oil and gas industry. UES is
licensed to manufacture and fabricate specialized thread
connections for cutting threads for tubulars used in oil and gas
wells. These licenses are very valuable, difficult to get, and
usually given to only one company in any country. UES’
manufacturing business has a large client base, most of them in
oil and gas that mainly utilizes UES’ machine shop facility. The
machine shop constitutes almost 60 percent of UES’ manufacturing
business. All major oil and gas related companies in Oman,
including PDO, Occidental, Halliburton, MB Petroleum, Daleel,
Weatherfold, Shivani, Dalma, Cameron etc. are utilizing UES
machine shop facilities for repairs, maintenance and
manufacturing of various items such as OCTG accessories,
crossovers, flow couplings, pub joints, casing works, pressure
vessels etc. On the fabrication, blasting and painting activity,
UES is working with many clients such as Gulfar, TOCO and STS
which mainly deals with fabrication of tanks, vessels, piping,
MSV skids and structures.
Under the agency sales business, UES provides commercial
representative to a number of renowned international companies
that manufacture and supply oilfield equipment, instrumentation
and chemicals to the oil companies and the drilling industry.
These sales are done on commission bases. This stream has four
main areas -- oil and gas, instrumentation, water and equipment
& services. Major clients include PDO, Oman LNG, Oman Gas
Company, Occidental and the government ministries such as MHEW
and MOD. UES also represents Siemens in Oman for industrial gas
turbines for power generation.
UES’s experienced team has lived up to the challenge of
following a regional growth strategy in the GCC and North Africa
and it has won major contracts in the UAE & North Africa
(Cameroon). The company made significant additions to its skill
base to expand its scope of services and capacity to add value
to its clients. UES currently employs 310 employees out of which
75 per cent are Omanis.
The company’s ongoing success is based on four building blocks
for growth. Strengthening long-term client relationships through
high-value services makes up the core of UES’s foundation. The
company grows from that foundation by adding value to the
existing clients and creating organic growth, its second and
third building blocks. UES’s impressive skill base, which
includes its core strengths of asset management, sustaining
capital works services and project management capabilities,
leveraged new growth for it. The company is built on its
relationships with it’s long term clients winning contracts with
key clients such as Occidental of Oman, Petroleum Development
Oman and Mi Epcon to name a few. UES’s fourth building block for
growth - joint ventures and alliances - is the first part of its
strategic expansion. The company’s latest joint venture with
Regent Energy Services has taken its core skills in machining in
to the sand control arena.
UES values its people as its greatest assets and gives optimum
priority to their safety and wellbeing. The company is committed
to focus on safety by ensuring that there are ‘no injuries to
anyone at any time.’
For more information, visit
www.uesoman.com |
