Sheikh Sultan bin Jassim Al Thani, Chairman of the Board of Qatar Industrial Services (QIS) Group, which owns Delta Doha Corporation and Qatar Lubricant Company (Qalco), and Ali Dighaim Al-Shimmery the Executive Assistant of the Managing Director of KOC signed the contract. Also present were Delta Doha Corporation Deputy Chairman Nasser M. Abu Hejleh and other officials from both companies. Speaking on the occasion, Sheikh Sultan emphasized the importance of the contract to the privately owned Qatari company as a big step for the manufacturing sector in terms of transfer of technology and equipment from Qatar to the oil industry in the region. Deltas unique position as the only manufacturing entity accredited with American Petroleum Institute (API) certification, ISO and a variety of other approvals and certification is one of many factors that has contributed to its recent success in Kuwait and other countries. Ali Dighaim Al-Shimmery, the Executive Assistant to the Managing Director of Kuwait Oil Company, pointed to the advantages of the short distance between Kuwait and Qatar and the possible shorter delivery periods between them were one of the deciding factors for this award. Nasser Abu Hejleh, Deputy Chairman of Delta noted that the company will be able to cover over 30 per cent of the huge demand generated by the oil and gas industry in the area. To that end, Abu Hejleh stated that the company is considering to formally apply for an IPO and listing on the Doha Securities Market (DSM), to raise further capital to support the companys intended expansion programs and plans for service centers in many locations in the region. PIN/THE PENINSULA ONLINE