(MENAFN Press) Dubai, November 4, 2012:
Trinity Holdings, a UAE-based business conglomerate, has signed a co-operation agreemet wih Integrated Equipment, Inc., a USA-based original
equipment manufacturer (OEM), to repair, service and distribute Pressure Control Equipment for the upstream oil and gas sector in the Middle East.
A Memorandum of Understanding (MOU) was signed in this regard by Mr. Jagdish Shah, Chairman, Trinity Holdings, and Mr. Ash Sharma, President, Integrated Equipment, Inc.
recently in Dubai. The agreement framework will allow Trinity Holdings to combine its engineering capabilities and local knowledge with Integrated Equipment's manufacturing
and global repair service expertise in offering customized solutions for specific requirements of the industry.
Trinity Integrated Equipment, Trinity's joint venture with Integrated Equipment, will pursue repair and re-certification of oil and gas equipment and products including Blowout Preventers (BOPs), Pulsation Dampeners, Wellhead Equipment and Accumulators. Local distribution of Integrated Equipment's API Monogramed BOPs, BOP spare parts, Gate Valves, Choke & Kill Manifolds, various Wellhead and X-mas Tree components and a full range of associated Elastomeric products are also within the scope of joint operation. These products and equipment are certified under American Petroleum Institute (API) and American Society of Mechanical Engineers (ASME).
Commenting on the MOU, Mr. Arif Sayani, Managing Director, Trinity Holdings, said: "We are pleased to co-operate with Integrated Equipment to offer our customers an excellent
single source for various needs of the oil & gas industry.
This agreement will complement and accelerate our already successful service offerings, while contributing to the responsible development of national and regional economy."
"Integrated Equipment strives to broaden and strengthen its existing operation by establishing lasting and mutually beneficial associations worldwide. We are confident that working together will bring optimal solutions to the most challenging opportunities in the region," said Mr. Ash Sharma.
For more than 30 years, Trinity Holdings has played a leading role in providing engineering solutions to various industry requirements through its manufacturing and service offering.
Equipped with conventional and CNC machines, foundry, heat treatment and thermal spray facilities, in-situ services, a large overhauling and fitting section among other state-of-the-art
facilities and equipment, Trinity is well poised to cater to the rising demands of the oil and gas industry.