James Fisher and Sons and Abu Dhabi-based engineering and marine projects company the NMDC Group have entered into a memorandum of understanding (MOU) to collaborate on key projects and opportunities in the oil and gas sector as well as decommissioning, offshore wind, and marine civil construction industries worldwide.
Under the MOU, James Fisher and NMDC will develop a series of collaborative joint ventures and consortia. The partners' aim is to deliver major projects across multiple sectors, markets, and geographies.
The initial focus for the partnership will be on diving opportunities within the Middle East region through James Fisher's subsidiary James Fisher Subtech and the NMDC Group's wholly owned subsidiary National Petroleum Construction Company (NPCC), an engineering, procurement, construction, and installation (EPCI) contractor in oil and gas.
