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Petroleum Marine Services executes 87 projects worth $171m in 2020

Petroleum Marine Services executes 87 projects worth $171m in 2020
PMS signed 80 agreements worth $225 million in 2020

Cairo – Mubasher: Petroleum Marine Services Company (PMS) implemented 87 projects at a total value of $171 million in 2020, the company’s Chairman, Ashraf Emam, said.

Over the course of the last year, PMS signed 80 agreements worth $225 million, Emam added in a statement released by the Ministry of Petroleum and Mineral Resources on Monday.

The projects included maintaining fields and assets, repairing marine units to raise their efficiency, and entering new fields such as the manufacturing of metal containers.  

This came during the general assembly headed by the Minister of Petroleum, Tarek El-Molla, to approve the company’s financial results for 2020.