Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility

The Director of Hamriyah Free Zone, Saud Salim Al Mazrouei, inked an agreement with Orient Source Hong Kong Group (OSHK), International Commodity Trader and Project Investor to inaugurate a multi-functional offshore and repair facility at the Port of Hamriyah in Sharjah in UAE along with a Trading Platform with Hamriyah Free Zone, according to Saudi Gazette.

This new facility will be defined as BIG Energy BIG Petroleum Marine and Infrastructure FZC. It will operate in oil and gas and marine sector in addition to establishing and managing a Petroleum Trading Platform for all majors.

OSHK pointed that this facility is the first phase of the 4-year structured project plan. BIG project will involve the following activities;  oilfield equipment repair, remanufacture, testing and recertification, pump rebuild and testing, upgrades of on/offshore rigs & vessels, engineering services, field service, repairs and new build — oil & gas, leasing, storage, sale and purchase of oil & gas spares, supplies and stores, infra project work, marine management, port-led infrastructure & development projects, testing facility with certifications and approvals for oil & gas, petroleum trading, manufacturing and other related verticals.



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