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Oman contract success for IVB

Tuesday 14th May 2013

Rapidly emerging Norfolk specialist company Inspection Verification Bureau Ltd (IVB) has won a major new contract in Oman.

The £225,000 deal comes just weeks after Great Yarmouth-based IVB announced plans for a new office in Abu Dhabi and a joint enterprise based in Kuwait.

Chairman Chris Bolton was in Oman earlier this month to complete the contract for design review verification work on the FEED (front end engineering design) stage of an onshore sour gas facility in the Arab state.

"Together with our Omani partner we will be working with a major oil company and an international design engineering company on a contract which runs till late September 2013," said IVB director Derek Lockwood.

"The bulk of the work will be handled from Great Yarmouth and we are hoping there will be follow-up opportunities for us in the final phase of this five-year project. This contract represents an important addition to our portfolio and it should also open the door for other work in Oman."

After agreeing the new contract Mr Bolton flew on to Abu Dhabi to finalise arrangements for IVB's new office there. Working through an agency agreement with an Abu Dhabi-based company, who will also be their local partner in compliance with UAE Law and Regulations, IVB expect to base two staff there initially.

"Our chairman has already had some very useful talks with potential clients in the UAE during his visit and we are confidently expecting a positive result," said Mr. Lockwood.


http://www.ivbltd.co.uk


Inspection Verification Bureau