Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Samriya from Shell Trading and Shipping Company Limited (Shell) with effect from 27 July 2020, as part of the second phase of its planned fleet management transition programme.
Nakilat has taken delivery of a newbuild LNG carrier, “Global Energy”, which will be commercially and technically managed in-house by Nakilat.
Nakilat held its Annual General Meeting (AGM) today, chaired by His Excellency Dr. Mohammed Bin Saleh Al Sada, the Chairman of Nakilat’s Board of Directors. During the AGM, the Group reported a consolidated net profit of QR 1,003 million (1 billion and 3 million Qatari Riyals) in 2019, an increase of 12.4%.
Nakilat records highest profit of QAR 1,003 million since inception for FY2019, an increase by 12.4% from QAR 892 million
Qatar Gas Transport Company Ltd (NAKILAT) Q.P.S.C., its subsidiaries and associates (“Group”) today announced its financial results for the year ended 31 December 2019. The Group reported a consolidated net profit of QR 1,003 million in 2019, an increase of 12.4%, as compared to QAR 892 million for the same period in 2018.
Nakilat has been awarded the ‘Sword of Honour’ by British Safety Council for the second consecutive year, a prestigious award for organisations that have reached the pinnacle of excellence in managing the company’s health, safety and environmental risks.
Nakilat-Keppel Offshore & Marine (N-KOM) has successfully completed a major fabrication project as part of its contract for Qatar Petroleum’s Bul Hanine Redevelopment (Phase B), which was awarded by McDermott Eastern Hemisphere Limited (MEHL).
Nakilat announced its financial results for the nine-month period ended 30 September 2019, with improved net profits of QR 728 million compared to QR 659 million during the same period last year in 2018, an increase of 10.5%.
Nakilat announced its financial results for the first half of the year ended 30 June 2019, with the company achieving a net profit of QR 476 million compared to QR 445 million during the same period in 2018, an increase of 7%.
Nakilat has signed a milestone Memorandum of Understanding (MOU) with Al Jazeera Media Network to collaborate on strategic media campaigns such as documentaries, television advertisements, and trainings for the company.