Adnoc L&S adds eight jack-up barges
The ZMI CEO said the company was ready to "expand our operations across Asia and explore new markets”.
The ZMI CEO said the company was ready to "expand our operations across Asia and explore new markets”.
The company has said the expansion of its fleet drove this increase. Its main shipping routes are from the Arabian Gulf and West Africa into Asia and Australia.
The Lower Zakum long-term development plan aims to increase production to a peak of 500,000 barrels per day. Adnoc expects to achieve this in around five years.
Adnoc has awarded a $1.17 billion contract to its Adnoc Logistics & Services (L&S) unit to provide 13 self-propelled jack-up barges.
Adnoc Logistics & Services is buying Zakher Marine International (ZMI), an Abu Dhabi-based owner operator of offshore support vessels (OSVs).
Adnoc L&S has ordered three more LNG vessels, larger than its current fleet, with delivery in 2025-26.
Shipping efficiency will play an important part in the energy transition, reducing emissions and cutting costs.
Adnoc Logistics and Services (L&S) has signed a deal to provide a range of marine services for all petroleum ports in Abu Dhabi.
Adnoc Logistics & Shipping has launched a joint venture with Wanhua Chemical Group focused on the transportation of LPG and products.