MARSOL LIMITED

What MARSOL LIMITED does

MARSOL LIMITED (also operating as Marsol, Marsol Marine Services, and OML – Overseas Marine Logistics) is an Abu Dhabi-headquartered offshore and marine services company serving the oil and gas sector across the Middle East, Indian Subcontinent, Africa, and Southeast Asia. The company delivers offshore terminal management, subsea engineering, marine logistics, SPM buoy operations, and certified commercial diving, and operates a diversified fleet that includes jack-up barges (notably the in-house designed Marsol Zenith class), platform supply vessels (PSVs), anchor handling tug supply vessels (AHTS), offshore support vessels (OSVs), tankers, and well stimulation vessels equipped with DP-1/DP-2 dynamic positioning systems. Backed by a 42,000 sq.m operation base with a 200m jetty in Mussafah (Abu Dhabi) and IMCA-compliant class saturation and air diving systems, the company has built integrated in-region execution capacity.

MARSOL's commercial model is enterprise B2B and tender/RFQ driven, with multi-year framework agreements awarded by national oil companies and integrated oil companies. Named end customers include ADNOC, Saudi Aramco (under SARB Packages 3, 4, and 5), TotalEnergies, Qatar Energy, and TAQA, alongside EPC and offshore contractors such as NPCC, McDermott, Hyundai, and IGOPL Offshore. The company has additionally invested in proprietary capability, including an in-house new build design team for Lift Boats and Jack-Up Barges, and a certified commercial diving training center in Fujairah.

The company is headquartered in Abu Dhabi and maintains international branch offices in London (UK), Wilmington, Delaware (USA), Singapore, Al Khobar (Saudi Arabia), Australia, and South Korea. MARSOL holds ISO 9001, ISO 45001, and ISO 14001 certifications, Lloyd's Register Foundation recognition, and IMCA diving compliance, and won the SHIPTEK International Award 2021 for Offshore Support Vessel Operator of the Year.

Name

MARSOL LIMITED

Legal name

MARSOL LIMITED

Website

https://marsol.co.uk

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

MARSOL LIMITED is an Abu Dhabi-based offshore and marine services company that provides vessel chartering (PSVs, AHTS, OSVs, jack-up barges), subsea and diving services, SPM buoy operations, and offshore terminal management to oil and gas majors and EPC contractors across the Middle East, Africa, and Asia-Pacific.

Ownership category

akta.pro rank

Product category

Offshore Marine Services

NAICS

Support Activities for Water Transportation (4883), Coastal and Great Lakes Freight Transportation (483113), Marine Cargo Handling (488320)

SIC

Oil & Gas Field Services, Nec (1389), Water Transportation (4400), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)

akta.pro secondary industries

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL), Offshore Support Vessel (OSV) Newbuilds (PSV, AHTS, ERRV) (IMAJACAA), Offshore/Remote Port Call & Anchorage Services (Launch Boats, Crew Boats, Supply Runs) (TLAHAJAM)

Keywords

• Offshore marine services
• Vessel chartering
• Subsea engineering
• Offshore construction
• Commercial diving services

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Technology or R&D

Revenue model

1. Marine Chartering Services: Chartering of Marsol's own advanced fleet of vessels including PSVs, OSVs, AHTSs, tankers, and well stimulation vessels to oil and gas clients. Provides exclusive chartering of their own fleet.
2. Offshore Marine Project Services: Full-cycle offshore management services including offshore construction, subsea services, commercial diving, project management, and technical support. Revenue generated through project-based engagements.
3. Marine Operations and Support: Comprehensive offshore management, marine unit operations, jetty services, diving activities, ship repairs, cargo, and marine operations.
4. Supply Chain Management: Supply chain management services for marine operations including procurement, vendor management, and logistics coordination.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Marsol provides offshore marine services to the oil and gas industry through a diversified owned fleet of vessels (Jack Up Barges, Platform Supply Vessels, Offshore Support Vessels, AHTS vessels, Tankers, Well Stimulation Vessels) and complementary service offerings including chartering, commercial diving, offshore construction, subsea services, project management, and supply chain management. Operations are delivered across the Middle East, Africa, Indian subcontinent, and Southeast Asia.

Product overview

Marsol is a marine services company providing a diversified fleet of vessels and comprehensive offshore support services to the oil and gas industry. The company's portfolio consists of vessel fleet categories (Jack Up Barge Fleet including Marsol Zenith, OML Jacob, and OML Intervention II; Work/Utility/Platform Supply Vessels; Offshore Support Vessels; Anchor Handling Tug Supply vessels; Tankers; and Well Stimulation Vessels) complemented by service offerings including Chartering, Commercial Diving, Marine Workshop, Offshore Construction, Project Management, Supply Chain Management, and Subsea Services. Together, these vessel types and services form an integrated marine support ecosystem enabling full-cycle offshore project delivery across the Indian subcontinent, Middle East, Africa, and Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Jack Up Barge Fleet Self-propelled jack-up barges designed for accommodation and maintenance operations in offshore oil and gas sectors, featuring DPS-1 and DPS-2 dynamic positioning systems with lifting capabilities up to 200 Ton/m2.
• Work / Utility Vessel (Platform Supply Vessels) Platform supply vessels (PSVs) designed for offshore platform support, equipped with towing machinery, cranes, and capabilities for heavy equipment transport, chemical transportation, and oil spill containment.
• Offshore Support Vessels Multi-purpose offshore support vessels providing cargo transport, platform supply, and crew transfer services with deadweight capacities of around 1260 tons and bollard pull of 55-60 tons.
• Anchor Handling Tug Supply (AHTS) AHTS vessels combining anchor handling, mooring, and platform supply equipment with dynamic positioning capabilities (DP1 and DP2), bollard pull ranging from 54 to 82.52 tons.
• Tanker Fleet Fuel oil carrier supply vessels with DP-2 dynamic positioning, featuring gross tonnage of 4497 tons and capabilities for offshore liquid cargo transport.
• Well Stimulation Vessels DP2 dynamically positioned well stimulation offshore support vessels with deadweight of 3027 tons, designed for offshore well stimulation and maintenance operations.
• Chartering Services Vessel chartering services providing diverse fleet options including PSVs, OSVs, AHTSs, tankers, and well stimulation vessels meeting latest technical, safety, and environmental standards.
• Commercial Diving Services Comprehensive subsea commercial diving operations including construction, inspection, island-building, canal construction, ship and rig maintenance and repairs, with IMCA-compliant saturation and air diving systems.
• Marine Workshop Marine repair and maintenance services ensuring vessels operate safely and efficiently across all offshore operations, delivered at Marsol's 42,000 sq.m Abu Dhabi facility.
• Offshore Construction Services Full-scale offshore construction and repair services including EPC/EPCI/EPIC projects, FSO/FPSO management, commissioning, welding, blasting, painting, and mechanical systems maintenance.
• Project Management PMP-certified project management services for offshore construction and vessel management, covering onshore/offshore equipment and manpower management, logistics, construction crew supervision, and subsea piping operations.
• Supply Chain Management Supply chain services including vendor management, procurement expertise, stock management, and contractor coordination to support fleet operations and business requirements.
• Subsea Services Integrated subsea services encompassing turnkey construction and installation, IRM activities, hyperbaric welding, pipeline repairs using clamps and connectors, and inspection/non-destructive testing.

Quantifiable outcome

• Lower operational costs and increased reliability and availability for clients

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• ADNOC (Abu Dhabi National Oil Company)coreStrategic or Co-development PartnerPermanent partner for marine support services. Marsol provides offshore marine operations, vessel chartering, and support services for ADNOC's oil and gas operations in Abu Dhabi.
• HyundaicoreStrategic or Co-development PartnerPermanent partner for offshore construction support and marine logistics services supporting Hyundai's marine construction projects in the region.
• IGOPL OffshorecoreStrategic or Co-development PartnerPermanent partner for offshore marine operations and support services.
• TotalEnergiescoreStrategic or Co-development PartnerPermanent partner providing marine support services for Total's offshore oil and gas operations including Total ABK projects.
• McDermottstrategicStrategic or Co-development PartnerBusiness partner for offshore construction and marine support services supporting McDermott's engineering and construction projects.
• Saudi AramcocoreStrategic or Co-development PartnerPermanent partner for offshore marine operations including Saudi Aramco Well projects. Marsol crew undergoes Marlin tests and evaluation for Aramco approval.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Solstad Offshore: Norwegian-based global OSV owner with AHTS, PSV, and subsea construction vessels serving IOCs and NOCs. Comparable fleet composition and offshore oil & gas service focus.
• Vallianz Holdings: Singapore-based offshore support vessel owner/operator focused on the Middle East. Closely comparable to Marsol in vessel categories (AHTS, OSVs, crew boats), customer mix (ADNOC, Saudi Aramco, NOCs), and regional chartering model.
• Rawabi Vallianz Offshore Services: Middle East-focused OSV joint venture (Rawabi + Vallianz) operating AHTS and platform supply vessels primarily for Saudi Aramco. Direct regional peer competing for the same NOC charters Marsol targets.
• Seacor Marine Holdings: US-listed provider of offshore marine services including platform supply, anchor handling, and crew transfer. Directly comparable vessel types and customer base (oil & gas operators).
• Topaz Energy and Marine: Global OSV operator with significant Middle East exposure, operating AHTS, PSVs, and crew boats for NOCs and IOCs. Directly comparable vessel mix and customer overlap with Marsol.

Broad incumbents

• Bourbon Corporation: One of the world's largest OSV operators with a deep fleet of AHTS and PSVs serving global offshore oil & gas clients. Comparable vessel categories and offshore service scope, though at much larger scale.
• Vroon Offshore Services: Dutch-headquartered operator of offshore support and subsea vessels globally. Comparable vessel categories and offshore oil & gas service delivery model.
• Qatar Navigation (Milaha): Qatar's largest maritime conglomerate offering offshore support, port services, shipping, and logistics. Listed as a Marsol business partner and competes for offshore services work with Qatar Energy and other GCC NOCs.
• Tidewater Inc. Largest pure-play OSV operator globally with the broadest geographic and vessel-type coverage. Comparable business model as an OSV chartering and service provider to oil & gas.

Regional players

• National Petroleum Construction Company (NPCC): UAE-based EPC contractor for offshore oil & gas platforms and pipelines (an ADNOC subsidiary). Listed as a Marsol client and partner; competes with Marsol's offshore construction and subsea services within the UAE/GCC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/marsol-offshore-construction

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MARSOL LIMITED