Nakilat has today acquired the full ownership of four Q-Flex liquefied natural gas (LNG) carriers from its joint-venture partner, International Seaways, Inc. (“INSW”) following execution of a sale and purchase agreement for the acquisition of the remaining 49.9% ownership interest in these vessels from INSW.
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.
Nakilat-Keppel Offshore & Marine (N-KOM) recently welcomed its 200th LNG vessel repair, Al Khor, at the world class Erhama bin Jaber Al Jalahma Shipyard.
Nakilat has been presented with the Annual Qatarization Crystal Award for ‘Supporting Training & Development’ at the Energy and Industry Sector’s 2018 Annual Qatarization Review Meeting held on 2nd May 2019.
Nakilat’s Q-flex LNG Carrier Al Ghashamiya has recently achieved a significant safety milestone of over 10 years without lost time injury (LTI) or Total Recordable Case (TRC), equivalent to nearly 3 million safe man-hours.
Nakilat held its 2019 Town Hall meeting for all employees, led by the company’s Chief Executive Officer, Eng. Abdullah Fadhalah Al-Sulaiti and top management.
Nakilat has signed a Memorandum of Understanding (MoU) with Qatar’s Ministry of Public Health (MoPH) to implement the Workplace Wellness Program.
Nakilat announced its financial results for the first quarter ended March 31, 2019 with a net profit of QR 236 million compared to QR 217 million of the same period last year in 2018, with an increase of 9%.
Nakilat participated in the LNG2019 Conference and Exhibition that took place in Shanghai from 1 to 5 April 2019.
