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Endre Johansen, Corporate Communications AS
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About AqualisBraemar LOC ASA

AqualisBraemar LOC ASA (OSE: Aqua) offers independent energy and marine consultancy to the global renewables, maritime and oil and gas sectors. The group has offices in 38 countries worldwide. AqualisBraemar LOC ASA operates under seven brands: AqualisBraemar LOC, OWC, Innosea, Longitude, JLA, East Point Geo and ABL Yachts.


LOC awarded Marine Assurance and Inspection contract with BP Egypt

LOC is pleased to announce that it has become the third-party provider for marine assurance & inspection with BP Egypt, one of the largest multinational oil and gas company.

LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt. This is the first time LOC Egypt has been awarded work by BP, the major oil and gas operator in Egypt. The first vessel inspection is expected to commence imminently to ensure efficient participation in their offshore campaign/project.

Since its formation in January 2018, LOC Egypt has created significant traction in the local market. LOC Egypt has been awarded a number of high profiles Marine Consultancy, Marine Warranty and Assurance services contracts in the region and has expanded and grown its presence in terms of number of team members, with additional support coming from other LOC offices, such as LOC London.

Tamer Gamil, LOC Egypt Country Manager, commented:

“We are delighted to have been awarded this contract by BP. BP is one of the largest and most prestigious operators in the region and we are very pleased to be working with them on their operations over the next two years. This is the first agreement we have won with BP Egypt, which demonstrates the considerable progress we have made as an organisation since opening our office here in January 2018.”

R V Ahilan, CEO of LOC Group, commented:

“This contract award demonstrates the considerable strength and expertise of LOC’s oil and gas offering. To win a competitive contract with a supermajor in one of the most important oil and gas regions in the world, speaks volumes about the strength of our team and our leading position in the marine and engineering market place.”