May 18, 2020

Saudi Aramco completes largest ever offshore tie-in platform

saudi aramco
saudi arabia oil and gas
Saudi Arabia energy
Senior Vice President of Technical Services
Bizclik Editor
2 min
Saudi Aramco completes largest ever offshore tie-in platform

Saudi Aramco has announced the completion of Saudi Arabia’s largest ever offshore tie-in platform.

The Marham TP-9 Deck is part of the company’s program which covers the fabrication and installation of four oil producing platforms and associated pipelines and power cables.

Senior Vice President of Technical Services, Ahmed A. Al-Saadi, commented: “The completion of the massive 3,500 tons structure represents a major milestone for Saudi Aramco’s strategy to develop its offshore oil resources and to sustain the in-Kingdom manufacturing capabilities. This is the biggest offshore structure to have been fabricated to date in Saudi Arabia, and a major proof of the high level of technical competency and capability that in-Kingdom manufacturers have achieved.”

The platform was fabricated at Dammam Port by the STAR yard (Saipem Taqa Al-Rushaid Fabricators Company Limited) and is the product of a joint venture between Saudi Enterprises and Saipem.

The major initiative of fabricating platforms for the offshore oil and gas fields was the first of its kind in Saudi Arabia, and has recently been expanded with the opening of the newly established fabrication yard of McDermott International, another long-term offshore contractor of Saudi Aramco.

Al-Saadi added: “In my view there is an even greater significance to the work that’s been done here. At Saudi Aramco, our new mandate is Saudi Vision 2030, which calls for an accelerated and broad diversification of the economy, driven by entrepreneurship, technological innovation, and targeted investment.

“Our IKTVA localization program is a fine example of how we are putting this into practice. By establishing strategic partnerships with local manufacturers, and successfully executing projects in our vast offshore fields within extremely aggressive schedules, we are showing the world that our manufacturers are highly competent and customer focused. In fact, I believe that this can be expanded and extended nationally across many industrial sectors to create thousands of new, well paid, and highly skilled jobs for our young men and women.”

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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