Nakilat has signed an agreement with McDermott to form a joint-venture (JV) company providing offshore and onshore fabrication services in Qatar.
Nakilat today reported financial results for its fiscal fourth quarter ended 31 December 2018, with a net profit of QR 892 million in 2018 (or QAR1.61 per share), an increase of 5.3%.
Nakilat-Keppel Offshore & Marine (N-KOM) has recently received its first floating storage regasification unit (FSRU) project at the Erhama Bin Jaber Al Jalahma Shipyard. The FSRU owned by Excelerate Energy (USA) will undergo drydocking, maintenance and upgrades at the facility, which is renowned for its expertise in handling gas carriers.
Nakilat announced its financial results for the first half of the year ended 30 June 2018, with the company achieving a net profit of QR 445 million compared to QR 409 million during the same period in 2017, an increase of 9%.