GWC and Offshore Fabrication Company ink MoU

Doha, Qatar: Gulf Warehousing Company (GWC) one of the fastest growing logistics businesses in the MENA region announced that its wholly owned sub...

Doha, Qatar: Gulf Warehousing Company (GWC) – one of the fastest-growing logistics businesses in the MENA region – announced that its wholly owned subsidiary, GWC Energy Services, has signed a Memorandum of Understanding (MoU) with Saudi Offshore Fabrication Company (OFC) to develop 100,000 square meters of Grade ‘A’ logistics facilities at Ras Al-Khair Industrial Port. The MoU was signed by Matthew Kearns, Deputy CEO of GWC, and Eng. Fahhad Alharbi, CEO of OFC.

Under this agreement, GWC Energy Services will develop OFC’s storage and logistics facilities, leveraging its expertise in logistics and energy supply chain solutions to ensure the facilities are optimized to serve the clients’ needs.

Matthew Kearns, Deputy CEO of GWC, said: “We are delighted to sign this new MoU with OFC, a distinguished leader in Saudi Arabia’s industrial sector. This collaboration represents a significant step in our expansion strategy and reinforces our commitment to strengthening our footprint in the Saudi market. Recently, GWC has also signed a head of Terms with GFH Financial Group (GFH) to develop 200,000 square meters of Grade ‘A’ logistics facilities across key locations in Saudi Arabia, including Riyadh, Jeddah, and Dammam.”

He added: “Combining the expertise of GWC Energy Services with the capabilities of OFC will drive operational excellence and efficiency. This collaboration also underscores our dedication to strengthening our regional presence through strategic partnerships with leading companies, further cementing our position as a leading logistics and supply chain solutions provider across the region.”

GWC Energy Services is fully committed to promoting innovation and excellence, providing cutting-edge solutions to clients in the energy sector. These efforts are geared towards enhancing operational efficiency and setting new benchmarks in integrated shipping, logistics, and marine services for companies in Qatar, across the GCC and globally.