Patrick McKinney has enjoyed a busy 12 months at the helm of BAM International, part of Netherlands-headquartered Royal BAM Group. During 2015, the company achieved net revenues of $8.4bn (EUR7.42bn), 1% of which was profit. The group expects to secure revenues of almost $11.5bn (EUR13bn) during the current financial year.
Over the course of the past year, the Dutch contracting giant has completed works at two large-scale projects in the UAE.
McKinney’s team worked as the main contractor for Phase 3 of Abu Dhabi’s Al Dabbiya oil field. BAM’s scope of work for five offshore clusters comprised channel dredging, reclamation works, construction of a causeway, shore protection, and the construction of pontoons, fences, and a heliport. The contract also involved the construction of a separate offshore cluster, which featured a boat quay, a pontoon, and a heliport.
In neighbouring Dubai, BAM also worked on Phase 1 of Jebel Ali Container Terminal 4. The company was responsible for the desgin and construction of access trestles, two concrete loading platforms, and 20 mooring and breasting dolphins for two berths. The project involved dredging operations, shore-protection activities, and the installation of navigational aids, a dynamic mooring system, and heavy lifts.
During the coming 12 months, McKinney and his colleagues will continue to support a selection of other large-scale developments in the Emirates, including Phases 1B and 2 of Jebel Ali Container Terminal 4, Phase 2 of the Al Ain Stadium and Mixed-Use Development, and the Hamriyah Breakwater Port Project in Sharjah.
McKinney said that BAM’s biggest opportunity in the Middle East over the next year will be to secure additional contracts from its existing clients.
“[BAM will work to win] repeat business with its clients DP World, aafaq Islamic Finance, and Aldar in the UAE, andADC-Aqaba Developement Corporation in Jordan,” he noted, adding that the biggest challenge will be to deal with the slowdown in the oil and gas sector, which is affecting the near-shore marine works market.