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You are at:Home»Sector Focus»IMCC and Maridive Unite to Launch One Marine Joint Venture for Offshore Services Expansion
Sector Focus

IMCC and Maridive Unite to Launch One Marine Joint Venture for Offshore Services Expansion

The new Abu Dhabi-based venture aims to redefine regional offshore marine operations through strategic collaboration and combined technical expertise.
Editorial DeskBy Editorial DeskDecember 1, 2025No Comments2 Mins Read
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A group photo of representatives from both companies following the signing ceremony.

International Marine Construction Company (IMCC) of Kuwait and Egypt-based Maridive Offshore Projects have officially joined forces to form One Marine – a new joint venture headquartered in Abu Dhabi Global Market (ADGM). The collaboration, formalized during ADIPEC 2025, marks a significant step toward regional integration in offshore support vessel (OSV) operations and marine logistics services across the GCC, Middle East, Asia, and beyond.

Strategic Collaboration for Growth:
The agreement was signed by Ahmad Saad Al-Mnaifi, Chairman of IMCC, and Shahira Zeid, Chairwoman of Maridive, symbolizing a unified vision to strengthen offshore marine infrastructure. One Marine will consolidate both companies’ operational assets, engineering expertise, and regional networks to provide safe, efficient, and high-quality offshore support solutions.

A shot of both Chairpersons during the signing ceremony.

Leadership Vision:
Maen Razouqi, Vice Chairman & CEO of IMCC and Chairman of One Marine, described the partnership as a “pivotal milestone” in IMCC’s growth strategy, highlighting its focus on performance excellence, regional integration, and sustainability. Mohammed Nadim, CEO of Maridive and Vice Chairman of One Marine, emphasized the collaboration’s ability to leverage 80 years of combined industry experience to deliver innovative and sustainable offshore services.

Supported by Strategic Advisory:
The joint venture was facilitated by Gate Capital, a Dubai-based corporate finance advisory firm. Its CEO, Munther Hilal, hailed the collaboration as “a milestone transaction showcasing the growing synergy among regional marine leaders.”

Toward a New Era in Marine Services:
Set to become a major regional player in the offshore sector, One Marine represents a blueprint for cross-border industrial collaboration – merging technical depth, market reach, and environmental responsibility to meet the evolving demands of the global energy and infrastructure sectors.

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