PMS Finalizes Offshore Platforms at Ain El Sokhna

• Monday, 24th February 2020
• by Fatma Ahmed

Petroleum Marine Services Company (PMS) has finalized the construction and maintenance activities of the offshore platforms in the third basin at Ain El Shokhna, in cooperation with the Armed Forces and Dubai Ports (D...

UAE, Indonesia Agree Deals Worth $9.7 B

• Thursday, 25th July 2019
• by Editorial Team

Emirati and Indonesian companies signed agreements worth a total of $9.7 billion during a state visit by the Abu Dhabi Crown Prince Mohammed bin Zayed to Indonesia, Reuters reported. Mubadala and Indonesia’s Chandra A...

DP World Acquires Topaz Energy for $1.08 B

• Monday, 1st July 2019
• by Editorial Team

DP World announced that it has acquired Topaz Energy and Marine in a deal worth . 08 billion, Reuters reported. The acquired oil services and marine logistics company was previously owned by Standard Chartered and the...

Liquid Bulk Terminal to Receive $500M in Financing

• Wednesday, 8th November 2017
• by Editorial Team

Sonker Bunkering Company and DP World finalized $500 million in financing for a liquid bulk terminal at Ain Sokhna, Ahram Online reports. The storage facility will be used to hold imported liquid petroleum gas, gasoil...