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JSA Loadmaster Arabia and Zentech Announce Joint Venture Agreement

March 7, 2024

JSA Loadmaster and Zentech Incorporated have formalized an exclusive Joint Venture to provide collaborative offerings to shipyards, marine, and rig operators. These services will provide competent and cost-effective solutions including engineering, field services, parts, and technical support in the Kingdom of Saudi Arabia, to the existing fleet as well as new construction projects.

HOUSTON, TEXAS - JSA Loadmaster and Zentech Incorporated have formalized an exclusive Joint Venture to provide collaborative offerings to shipyards, marine, and rig operators. These services will provide competent and cost-effective solutions including engineering, field services, parts, and technical support in the Kingdom of Saudi Arabia, to the existing fleet as well as new construction projects. JSA Loadmaster and Zentech have decades of experience working together. With Zentech’s New Construction Jack-up Rig Engineering award in 2022 and JSA Loadmaster’s

Long-Term Supplier Agreement award 2021 to produce rig rack and chord, as well as other engineered structural products in the Kingdom, a formal JV between the companies is a natural progression to better serve our Middle East customers.

Established in 2019, JSA Loadmaster Arabia LTD was formed by bringing together the product lines and service offerings of two (2) global brands; Loadmaster Industries and Jackup Structures Alliance (JSA) in combination with our Saudi JV partner Saudi Drill.

Loadmaster Industries established in 1986 is an OEM for structural drilling packages from concept to commissioning, inclusive of drilling rig engineering & design services, new builds & upgrades for all OEM structures. Loadmaster is an API 8C - API 4F license holder for over twenty-five (25) consecutive years of continuity. Additionally, Loadmaster performs Structural & Mechanical Inspection / Repair Services, Specialized Field Services including Rope Access Rig Builders, Professional Engineers with over thirty-eight (38) years of design, manufacturing, and installation experience.

JSA (Jack-up Structures Alliance) established in 2007 is a Manufacturer of Rack/Chords, specialized bracing pipes, and other ultra-heavy fabrications. JSA is the most experienced independent manufacturer of its type, with over seventy-five (75) lattice leg rigs supplied.

Saudi Drill is a leading investment and representation company head quartered in Saudi Arabia. Through strategic investments and value-added services, Saudi Drill is focused on oil field services, manufacturing, project management, renewable energy, new sustainable technology deployment, industrial, and maritime services in the region.

Zentech Incorporated is a Houston, Texas based marine engineering, project and construction management, and naval architecture firm specializing in offshore oil and gas and renewable energy industries. Over forty-six (46) years of experience providing innovative engineering solutions employing a professional staff spread over six (6) international locations. Zentech’s expertise encompasses jack-up drilling units, liftboats, dynamically positioned semi-submersibles, drill-ships, modular platform and land drilling rigs, barge rigs, fixed offshore platforms, floating production systems, including reactivation and conversion of existing rigs, EPIC contracts for MOPU conversions, and risers and pipelines. Zentech’s expertise includes predictive analytics of major drilling equipment, virtual reality, augmented reality, extended reality, virtual capture or terrestrial laser (LiDAR) scanning, and unmanned inspection using UAV drones inside tanks, chimneys, large oil tanks, and other areas not easily accessible to humans.

Press Contact:

Contact: Mr. Sundaram ‘Sundy’ Srinivasan
ssrinivasan@zentech-usa.com

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