Thursday, 8 June 2023

Kanoo Energy UAE & ADNOC enter into Local Manufacturing Agreements

 





Kanoo Energy UAE & ADNOC, have signed three agreements for local manufacturing opportunities as part of the ‘Make in Emirates Forum’ being held in Abu Dhabi from 31st May till 1st Jun’23.

 

The ‘Make it in the Emirates Forum’, with the theme 'Investment, Sustainability & Growth' is being organized by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Abu Dhabi Department of Economic Development and ADNOC.

 

In addition to showcasing the UAE as a global hub for manufacturing and innovation, the Forum seeks to promote sustainability, as well asreduce and eliminate carbon emissions within the industrial sector in line with objectives of the ‘Year of Sustainability’, the UAE's Net Zero by 2050 strategic initiative, and its preparations to host COP28.

 

The agreements entered between Kanoo Energy & ADNOC outline the intention of the companies to explore manufacturing Valves, Flanges and Establishment of Reverse Engineering facility in the UAE, supporting the ‘Make it in the Emirates’ initiative and the ‘Abu Dhabi Industrial Strategy.’ The products are part of the $19 billion worth of products in ADNOC’s procurement pipeline identified for domestic manufacturing in July 2022.

 

The agreements were signed by Mr. Fahad Kanoo, CEO UAE & Oman and Dr. Saleh Al Hashimi, ADNOC Director, Commercial & In-Country Value Directorate. Also in attendance of the signing ceremony from Kanoo Energy side included Mr. Manoj Kumar Tripathy (CEO- Kanoo Industrial & Energy), Mr. Hesham Nass (Country Manager- UAE, The Kanoo Group), Mr. Raman Marwaha (General Manager -Kanoo Energy UAE & Oman) and Mr. Abdullatif Kanoo (Business Development Manager-The Kanoo Group).

 

Last year, ADNOC signed agreements for local manufacturing commitments worth more than $6.8 billion with UAE and international companies. ADNOC continues to take a transparent approach to showcasing its product outlook as part of its ICV program. This approach underscores ADNOC’s efforts to ensure business continuity and incentivize investors and suppliers to set up or expand manufacturing capacity in the UAE. ADNOC aims to drive $48 B back into the UAE economy through its ICV program as part of its 5-yr business plan for 2023–2027.

Kanoo Travel and G Travel International Form Partnership to Redefine Travel Management Ecosystem


 


May 2022 (Dubai, U.A.E) - Kanoo Travel, the first IATA member agency in the GCC and prominent force within the Middle East’s travel Industry, has announced the launch of its new vertical, ‘Kanoo Travel MORE’ for offshore, marine, resource, and energy travel solutions, as well as the emergence of a strategic partnership with Norway-owned and operated travel solution company, G Travel International, to deliver global travel management services.






Kanoo Travel MORE is an extension of Kanoo Travel’s service offerings, introducing clients with superior travel experiences and a wider range of solutions. By joining forces with G Travel International, an established market leader, Kanoo Travel strives to provide unrivaled travel management solutions to its clients.

 

Among those who attended the momentous signing included Chairman Mishal Kanoo, Business Development Manager Abdullatif Kanoo, Chairman for Kanoo Ventures Nabeel Kanoo, CEO Fahad Kanoo, Manager of the divisions (UAE), Chairman for SBU Trading Divisions Ali Abdulla Kanoo, as well as Managers from Bahrain and KSA. 

Commenting on the partnership, Mr. Ali Abdulla Kanoo, Chairman - SBU Trading Divisions, “We are thrilled to join forces with G International Travel to introduce Kanoo Travel MORE. This collaboration not only boosts our market position, but also highlights our shared goal of providing our valued clients with excellent travel experiences and services. We are positioned to expand our capacity to fulfill the increasing demands of our clients and surpass their expectations by employing G Travel International's worldwide network, technical skills, and vast experience in the Marine & Energy sector. We are invested in strengthening industry standards and transforming the travel management ecosystem.”

 

Zaeem Gama, Kanoo Travel Divisional CEO, commented, “Kanoo Travel MORE is a significant milestone in our pursuit of innovation and consumer experience. Our strategic partnership with G Travel International adds a distinct and compelling dynamic.”

 

“We unlock an exceptional potential to serve our customers with unique opportunities for travel suited to their specific needs by employing their strong network and experience in the Marine & Energy market. We are forging an innovative path in the sector by leveraging our skills to push the boundaries of travel management and provide remarkable experiences that exceed expectations. This partnership highlights our dedication to staying ahead of changing industry trends and cements our position as a leader in the field of travel management,” He added.

 

On his part, Finn Hansen, Owner of G Travel International, said, “We are looking forward to supporting Kanoo Travel on this journey. This engagement brings together our global footprint and unique knowledge in the Marine & Energy sector, as well as Kanoo Travel's leading position and customer-centric approach in the local market. As we join forces, we create a powerful presence in regions we operate in, strategically positioned to provide customers globally with outstanding value. Furthermore, our combined effort to innovation empowers us to define new standards”

 

Mr Sverre Husby, Director at G Travel International, said, “The launch of Kanoo Travel MORE is a product of years of work. This collaboration is an exciting turning point in our path, as we join forces to become even stronger in a critical part of the market. We are excited to announce the launch of Kanoo Travel More - G Travel International to the public. Together, we will bring unrivaled knowledge and resources, establishing new standards and travel solutions. Our common vision and diligence towards excellence will enable us to provide value to our clients on a global scale, while also changing and disrupting the industry.”

 

G Travel International has wholly owned subsidiaries in several regions, including the United States, the Philippines, the United Kingdom, and Poland. Additionally, the firm has a partner network in the marine industry, reflecting its dedication to supporting a diversified consumer base.

  

     About Kanoo Travel

 

Founded in the late 1930s, Kanoo Travel is considered one of the largest travel management companies in the MENA region, with over 500 experienced, multilingual travel consultants and professionals, and has an extensive network of offices spanning the Middle East and North Africa, specializing in Corporate Travel, Meetings Incentives Conferences and Events (MICE), Leisure & Holiday Travel, Airline Representation and Marine Travel.

 

Kanoo Travel, owned by one of the Gulf's largest independent, family-owned companies, YBA Kanoo, provides dependable, compliance-driven, and cost-effective services that meet and exceed customers' expectations, and has been consistently recognized for its premium solutions and service excellence, winning numerous regional industry awards and recognitions over the years.

 

Today, the travel management company operates a network of over 100 offices in key markets including the Kingdom of Saudi Arabia, Kingdom of Bahrain, United Arab Emirates, Sultanate of Oman, and Egypt, making Kanoo Travel a truly international travel partner with keen insight into global markets and the ability to provide customers with unparalleled levels of service. 

Visit: https://www.kanootravel.com/

 

     About G Travel International

 

G Travel International is an independent Norwegian Travel Solutions company with a strong global presence. With offices in Norway, and other key locations worldwide, G Travel International specializes in marine, offshore, resource, and energy travel solutions. Their expertise, advanced technology, and cloud-based operations enable seamless global connectivity and service capabilities. Their seasoned management team brings extensive industry knowledge and ensures exceptional solutions standards.

 

Serving a diverse range of clients, from shipyards to live fish carriers, fish-farming service companies, ocean-going fisheries, seismic and wind energy industries, offshore fleets, dredging and salvage operations, bulk and tanker shipping, containerships, oil rigs, crewing agencies, and the supply chain/contractors for the offshore industry.

 

G Travel International is committed to meeting the critical crew movement needs, providing services to numerous national, multinational, and global clients, and today our client base touches all continents of the world. G Travel international are a trusted partner of the Internova Group/Travel Leaders

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