ADNOC L&S signs 25-year deal to service all petroleum ports in Abu Dhabi

ADNOC L&S is the largest, fully integrated logistics and shipping company in the UAE

  
ADNOC L&S is the largest, fully integrated logistics and shipping company in the UAE

ADNOC L&S is the largest, fully integrated logistics and shipping company in the UAE

ADNOC L&S

ADNOC Logistics and Services (ADNOC L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC) has signed a new 25-year agreement to provide critical marine services across all Petroleum Ports in Abu Dhabi on behalf of the the Petroleum Ports Authority (PPA).

This agreement includes the onshore Jebel Dhanna Ruwais Petroleum Port and the offshore Das Island, Zirku Island and Mubarraz Petroleum Ports in Abu Dhabi.

ADNOC L&S will provide a range of specialist port services to PPA including pilotage, towage, line handling and other marine services. The company was appointed following technical reviews and benchmarking against major regional and international ports, with the objective of aligning with international best practices and delivering optimum petroleum-port operations.

Captain Abdulkareem Al Masabi, CEO, ADNOC L&S, said: "This new agreement with PPA is a natural evolution of our close collaboration over many years and will allow us to utilize our resources strategically, and drive innovation that will boost performance, enhance efficiency and deliver a seamless end-to-end service at all Abu Dhabi Petroleum Ports."

ADNOC L&S has extensive experience in managing port operations. In 2019 alone, its marine services team completed 8,659 dives, 741 towages, 2,022 line-handling jobs for incoming vessels, 5,630 pilotages and 2,806 vessel berths, in addition to managing the largest oil spill response inventory in the UAE, the company said in a statement to the media.

ADNOC L&S is the largest, fully integrated logistics and shipping company in the UAE and provides highly specialized services that cover the entire oil and gas supply chain. Petroleum port operations are an essential part of its logistics portfolio, which is unique in the region. The company has unmatched experience and the longest track record in the petroleum port sector in the UAE.

Captain Jasim Al Khamiri, Senior Vice President, PPA, said: “This long term service agreement is the first of its kind in the UAE, and fits perfectly with our focus on sustainable and reliable operations."

As the maritime logistics arm of ADNOC Group, ADNOC L&S supports the entire oil and gas supply chain in the UAE through three major business segments; shipping, integrated logistics and marine services. It provides safe, reliable and cost efficient maritime and logistics solutions to ADNOC Group companies and to more than 100 global customers.

(Writing by Seban Scaria; editing by Daniel Luiz)

seban.scaria@refinitiv.com

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© ZAWYA 2020

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