From the Desk of the Chairman of the Board, Halul Offshore Services Company (HOSC), Qatar

Salaam Alaikum:

It is with immense pride and honor that I address you through this annual report 2007 edition. It gives me immense pleasure to launch the company website on the occasion of 8th anniversary of Halul Offshore Services Company.

At HOSC; our growth has coincided with the increasing respect Qatar has gained over the years for its inspired cultural, sociopolitical and economic advancements, and the significant role that it plays in the region.

The HOSC was established in 2000 to provide integrated marine support services to the oil, gas, and construction industries. Providing everything from diving services to construction vessels, HOSC today is one of the most dynamic and fastest growing companies in Qatar as well as the GCC region. By the Grace of God, the determination of the HOSC management and the hard work of our employees, the company’s 2007 profit stands at an impressive QR 118 million.

The company continues to grow logistically. We have more employees, more office space, and more workshops and stores than at any time in the history of the company. Our fleet has over 33 vessels today and our diving support operations continue to witness immense growth. In the coming months and years, the HOSC will also offer its services to companies based in the member nations of the GCC.

This profile indeed offers us a way of saying thank you to a nation that means so much to us, and has unconditionally supported our dream

It is also a humble way to demonstrate the immense gratitude we feel for the enlightened support that continues to be extended to the HOSC by His Highness the Emir of Qatar, Sheikh Hamad Bin Khalifa Al Thani; His Highness and the Heir Apparent Sheikh Tamim Bin Hamad Al Thani; and the many dedicated excellencies, dignitaries and officials of the Government of the State of Qatar.

I also take this opportunity to also sincerely thank the HOSC Members of the Board, business associates, and the employees for their support over the years, and humbly dedicate Halul Offshore Services Co. W.L.L., Qatar to the great State of Qatar.

With Sincere Thanks and Warm Regards,

Salem Bin Butti Al-Noaimi
Chairman of the Board