ALMACO and SOCAR-STP sign a memorandum of understanding on living quarter cooperation in the Caspian Sea
ALMACO and SOCAR-STP have decided to enter into collaboration to cease potential opportunities in the Caspian Sea for offshore living quarters, cabins, and accommodation solutions.
In May 2022, ALMACO and SOCAR-STP signed an MOU (memorandum of understanding) on co-operating on offshore construction projects in the Caspian Sea region. Both parties have vast experience in manufacturing, design, and delivery of products for offshore applications.
SOCAR-STP’s extensive facilities close to Baku will be used for setting up the prefabrication lines for the living quarters and cabins in accordance with ALMACO’s Mobile LQ (Living Quarter) Factory concept. The strategically important location of the prefabrication factory, as well as ALMACO’s support, will help SOCAR-STP to establish the production of accommodation products for all the projects in the region. Besides the benefits achieved from setting up the prefabrication factory in close proximity to the final installation location, the cooperation also aims to increase the level of local content in future projects in Azerbaijan.
Farid Aghayev, CEO of SOCAR-STP says, “We are looking forward to this cooperation and to get started with our plans to develop extensive local fabrication of accommodation solutions in the whole Caspian Sea region. We expect to sign our first delivery contract shortly.”
Jussi Laimi, Vice President of Accommodation Newbuild Sales at ALMACO, says, “This cooperation is a perfect match. It combines SOCAR-STP’s extensive construction and manufacturing skills with the benefits of our Mobile LQ Factory concept. Together we can offer the local markets much higher quality and more local content than before. The Mobile LQ Factory is a concept that ALMACO has used successfully in several other regions previously and we are certain it will be a success here as well.”
For more information, contact
Jussi Laimi
Deputy to the President of Accommodation Systems
first.lastname@almaco.cc
About SOCAR-STP
SOCAR-STP is one of the largest industrial production centers in the Caspian Sea region. The company’s core business is the manufacturing of heavy cranes and the management of large mechanical equipment workshops, as well as maintenance and repair work of heavy cranes, gushing, APS (Advanced Parts Solution), drilling equipment, and well completion in the Commonwealth Independent States (CIS).
Related material »
ALMACO has been contracted to build modular cabins for new Spirit of Tasmania ferries
The construction of Spirit of Tasmania’s two newest passenger and vehicle ferries has started at Rauma Marine Constructions (RMC) in Rauma, Finland. ALMACO will deliver 764 modular cabins to be bui…
ALMACO outfitted catering and accommodation areas for Viking Glory
The green and modern Viking Glory, owned by Viking Line, has been completed and is now ready for cruising in the Baltic Sea archipelago. ALMACO was in charge of all the catering areas, guest cabins, …
Luxury ship cabins that exceed expectations
Creating stunning and unique luxury ship cabins take a visionary mind, experience, and resourcefulness. In this interview, Mikael Simell, Cabin Design Expert at ALMACO, shares his best advice on what…
