Petroleum Marine Services (PMS) signed 35 contracts worth $276 million, reaching its highest contracting rate since the day of its establishment, said Al Sayed Al Badawy, Head of PMS, Egypt Oil & Gas reports.
The company installed four marine platforms weighing 9,193 tons, and drilled the largest below water trench in the Middle East reaching 782-meter length and 35-meter width, in 2017, said Al Badawy during the general assembly chaired by the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to review the company’s results for 2017.
PMS extended seven marine pipelines reaching 119 km, Al Badawy said. The company constructed two sea lanes, transferred and installed the control platform of the Zohr project, with a total weight of 5,215 tons. In addition, the company had various works of burying the offshore pipelines, and surveying the bottom of the deep sea for Zohr.
The company was awarded certificated of appreciation from the Italian party, and the main contractor of the Zohr project, and is now contributing in the second phase of the project.