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06-11-14

Bahraini OAK to bring new pipeline technology into ME

(MENAFN) Bahrain-based OAK Utility Solutions and Development, the solutions provider, announced it has signed an agreement providing the company an exclusive license to bring a new pipeline rehabilitation technology known as XHab to the Middle East, Gulf Daily News reported.

The company, which is headquartered in Bahrain with offices in the UAE and Turkey, is known to be an international developer of clean-tech sustainable energy and water utilities and provider of specialist service solutions to the oil and gas and petrochemical industries.

XHab is a new, patented technology for the external rehabilitation of pipelines which can be used to refurbish long lengths of ageing, dented or corroded pipelines and can be applied while the pipeline remains in operation by adding steel back to the pipeline wall, thereby reinforcing and increasing its operating capability.

"This is a novel game-changing technology that will have a positive impact on the region as XHab is able to rehabilitate aging pipeline infrastructure without disrupting operations. This underpins OAK's model of providing sustainable infrastructure solutions that are in high global demand, and places OAK in Bahrain as a net exporter of pipeline infrastructure solutions across Europe and the Middle East and North Africa region," OAK's chief executive said.

The company said that it will officially launch the project during the January-March period of 2015 followed by pilot projects and demonstrations in Saudi Arabia, Qatar and Abu Dhabi.

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