ENERGY-

Cosco Shipping to transport + set up Marjan offshore platforms: Cosco Shipping has secured a contract to transport and install Saudi Aramco’s PK1 offshore platform on the Majran oil field off the coast of Saudi Arabia by 2024 in what is the company’s largest project to date, according to a press release. The company will utilize two dynamic positioning semi-submersible ships to transport and install the platform. The two vessels — which are set to be produced in Indonesia, China, and the UAE — will be installed in six offshore platforms through dynamic positioning.

ALSO WORTH KNOWING-

  • The Saudi Export Development Authority sent a trade mission to Baghdad, which saw more than 37 Saudi and 100 Iraqi companies explore potential cooperation. (Statement)
  • Etihad Airways introduced direct flights between Abu Dhabi and Lisbon on Sunday. (Press release)
  • Egypt has received 19 US locomotives at Alexandria Port as part of an agreement with the US-based Wabtec for the manufacture and supply of 100 locomotives. (Ministrystatement)
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