Dec 27, 2010
MIS SIGNS MOU WITH KAVIN ENGINEERING
UAE-based MIS Group (Maritime Industrial Services), a diversified engineering and contracting group focused on the energy sector, announces the signing of a Memorandum of Understanding (MOU) with Kavin Engineering and Services Private Limited, India (Kavin) to form a long term strategic joint venture to further expand into the Engineering, EPC / EPCM marketplace.
Kavin, established in 2002, is an engineering and services company providing customised concept to commission services for offshore and onshore oil and gas production and processing facilities, thereby complementing MIS’ strategic emphasis on expanding its EPC/EPCM segment.
“This development, together with the recent acquisition of Litwin PEL in Abu Dhabi, will provide MIS with the necessary multi-disciplinary engineering resources and skill set required to fast track our expansion into both the onshore and offshore EPC / EPCM market,” said Kevin Hudson, MIS Managing Director.
“We are delighted to be joining hands with MIS,” commented S. Ramachandran, Managing Director of Kavin Group. “After eight years of steady growth in conceptual design, FEED and detailed engineering services to the global clients of the energy sector for projects like onshore production and processing plants, offshore platforms and FPSO facilities, Kavin is a good fit with MIS’ strategic direction.”
Source: Press release
Category:
Offshore and Energy
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