Valentine Maritime (Gulf) LLC

Valentine Maritime (VM) is a privately owned offshore construction company established in 1990 to serve the offshore oil & gas industry in the Arabian Gulf region and the Indian subcontinent. The Company primarily specialize in EPC offshore construction of wellhead platforms, topsides, submarine pipelines, maintenance and hook-up services. With the new yard that VM expects to launch in first quarter 2014, the Company will substantially enhance its capacity to fabricate offshore jackets, topsides and modules for the oil & gas sector.



Additionally, Valentine Maritime provides chartering services (marine vessels and construction/cargo barges).



In June 1992, VM started its activities and acquired its first major marine asset, the Derrick Lay Barge Regina-250. In less than two decades the Company has substantially accelerated its efforts to grow by increasing its assets from owning one barge in 1992 to owning thirteen construction vessels in 2012.



The pace of geographical expansion grew simultaneously, thus allowing VM to undertake projects in the wider region (East and West coast of India, east coast of Africa, Yemen, Red Sea, Black Sea and the Mediteranean).



Most importantly, despite fierce competition VM has emerged as a distinguished EPC offshore contractor in the Arabian Gulf. In the last five years VM has successfully executed EPC projects in excess of $1 billion for high-profile clients such as Saudi ARAMCO and ONGC in India.



One of the key factors Valentine’s success story is rooted in company’s dedication in the implementation of health, safety and environmental (HSE) policies. The company’s professional team puts maximum efforts in ensuring that the highest level of HSE standards are adhered to by all staff at all times.

Since its inception in 1990 Valentine Maritime (VM) has grown to become one of the prominent regional offshore construction contractors.



Subsequent to procuring its first vessel Regina 250 Derrick Lay Barge in 1992, VM embarked on a trajectory of robust growth. In less than fifteen years, company’s dynamic growth has resulted in VM acquiring and managing a large fleet.

In parallel with adding new vessels to its fleet, VM has increased the number of specialised industry professionals. The total number of VM employees reached its peak in 2008 when VM had over one thousands of employees on its books. If taken into account that VM total number of employees was less than one hundred in the early 1990s, the fact that company has increased its workforce drastically by 2010 serves as evidence to prove the success of VM Determination to Grow policy.



Furthermore, the total value of VM assets and revenues has been rising steadily. As a result of its expansionist business policy, in the last couple of years VM assets and revenues have grown substantially.

The value of VM completed projects which started with only few thousand US dollars in total in early 1990s, has soon risen to over a hundred million dollars per-project value in 2000 onwards, with the value of single EPC offshore project awarded to VM in 2008 reaching almost half a billion of US dollars.

The gradual, but rapid strengthening of VM reputation has paved the way for VM geographical expansion, thus allowing VM to secure EPC offshore construction contracts in the entire Arabian Gulf, in the Black and Red Sea, on the Indian subcontinent, and on the European and African continent.



Due to VM commitment to execute awarded projects with maximum efficiency, coupled with VM distinctive dedication to HSE standards, the company has undoubtedly witnessed a steady and a sustainable growth over the last 20 years. Such trends have enhanced VM future growth aspirations prompting VM to continue its ambitious growth trajectory.