ADNOC Logistics and Services receives eight offshore support platforms, increasing the size of its platform fleet by 25%.

2023-09-11 05:53:05

The addition of eight marine support platforms brings the total number of platforms owned and operated by ADNOC Logistics and Services to 39 platforms and strengthens its position. KA company that owns and operates one of the largest fleets of logistics and maritime services in the Gulf region
One of the platforms will be used in the Iraqi market, which enhances the expansion of “ADNOC Logistics and Services” into new markets and expands its geographical presence.
ADNOC Logistics and Services’ fleet expansion plan comes in line with its smart growth strategy and enables it to provide comprehensive maritime logistics services to the energy sector.

Abu Dhabi- The United Arab Emirates: ADNOC Logistics and Services PLC, the global leader in logistics and maritime services for the energy sector, whose shares are traded on the Abu Dhabi Stock Exchange under the symbol “ADNOCLS” and the international identification number “AEE01268A239”, received eight self-elevating and moving marine support platforms. Through its subsidiary, Zakher Marine International. With the addition of new platforms, the number of platforms owned and operated by ADNOC Logistics and Services increases from 31 to 39 platforms. This step contributes to strengthening ADNOC Logistics and Services’ presence and position as a company that owns and operates one of the largest fleets of self-elevating and moving support platforms in the Gulf region. This expansion comes in conjunction with the rise in platform rental prices due to the increased demand for marine services.

The platforms added to the company’s fleet include two new platforms and four used platforms, in addition to renting two new platforms, one of which will be operated in the Iraqi market, which contributes to strengthening the geographical presence of ADNOC Logistics and Services, and enhancing its expansion into new markets in the region. Self-elevating and moving offshore support platforms are distinguished by their superior multi-tasking capabilities, as they are designed for use in well operations and maintenance, in addition to providing housing in offshore fields.

On this occasion, Captain Abdul Karim Al Musabi, CEO of ADNOC Logistics and Services, said: “The expansion of the fleet of self-elevating and moving marine support platforms supports our integrated and growing logistics services, in line with the company’s ambitious strategy for smart growth, and enables it to provide a wide range of services to its customers in the sector.” Energy, and achieving additional sustainable value that enhances its entry into new markets. We are committed to exploring more growth opportunities, enhancing value for the company’s shareholders, and consolidating its position as one of the leading companies in providing integrated logistics services in the region.”

ADNOC Logistics and Services had acquired Zakher Marine International in 2022, as part of its commitment to creating strategic value, as this acquisition added a number of important support and support vessels to its naval fleet, expanded its regional presence, and created new opportunities. To expand with a reliable partner in the sea freight and logistics services sector.

For his part, Ali Al Ali, CEO of Zakher Marine International, said: “Zakher Marine International was established in the UAE and is considered one of the most important companies in the field of maritime logistics services in the Gulf region, as the company owns and operates a diverse fleet of marine support platforms.” Self-lifting and moving vessels, and marine support and support vessels, which allows them to provide the best maritime logistics services to the marine production and wind energy sectors. Through our presence in the markets of Saudi Arabia, Qatar, and recently in Iraq, we were able to enhance our presence and our ability to continue expanding our business across the Asian continent, and enter the markets New in the region.

It is noteworthy that the demand for self-elevating and moving offshore support platforms has witnessed remarkable growth, as a result of the increase in energy production in offshore sites, specifically in shallow water fields and the offshore wind energy sector. The platforms that recently joined the ADNOC Logistics and Services fleet represent new value for the company’s business and support its sustainable growth plans and the continued geographical expansion of its operations.

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About ADNOC For supply and services”

ADNOC Logistics and Services is a global leader in logistics and maritime services for the energy sector, and is listed on the Abu Dhabi Securities Exchange under the symbol “ADNOCLS” and the international identification number “AEE01268A239”.

ADNOC Logistics and Services provides its services through three main business sectors: integrated logistics, shipping, and marine services, and provides logistics and marine solutions to more than 100 customers in more than 50 countries around the world.

was established Zakher Marine International Founded in Abu Dhabi in 1984, it is a company that owns and operates self-elevating and moving support platforms, and marine support and support vessels, and was acquired by ADNOC Logistics and Services in 2022.

For more information, please visit www.adnocls.ae

For media inquiries, please contact media@adnocls.ae

For inquiries regarding Investor Relations, please contact IR@adnocls.ae

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