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James Fisher buys Saudi offshore services company Murjan Al-Sharq Marine Contracting

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James Fisher and Sons is expanding its footprint in the Middle East offshore market acquiring service provider Murjan Al-Sharq Marine Contracting LLC (MSMC) in Saudi Arabia.

MSMC has 10-year track record of working with Saudi Aramco and will bring nearshore marine construction and maintenance capabilities to James Fisher.

“This acquisition by JFS solidifies our expansion into the promising Saudi offshore sector. We have now combined our existing offshore capabilities with the nearshore strengths of MCSC to offer a truly unique range of services that will be capable of delivering complete project scopes to the main EPCs,” said Paul Whiley, regional director for James Fisher in the Middle East.

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James Fisher subsidiary Subtech Group was awarded multi-million contracts in the Middle East in November last year and as a result the company is establishing a permanent presence in the region.

Chris Clark, vice president at MSMC: “The company is well positioned now, having recently deployed new marine assets from Damen shipyards for existing and upcoming projects. We will be performing marine services with the new fleet under Saudi flag to support Saudi Aramco and Vision 2030.”