Middle East Economic Survey
VOL. LIII
No 26
28-Jun-2010
UAE
NPCC Launches Fleet Expansion Program
Abu Dhabis National Petroleum Construction Company (NPCC) has placed an order with Chinas Shanghai Zenhua Heavy Industries (ZPMC) for the construction of a self-propelled heavy-lift pipelaying vessel, it said on 20 June. The vessel, which is set to be delivered by the third quarter of 2012, is part of the companys new $400mn marine fleet expansion program, which will see NPCC invest in new vessels as...
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