ADNOC Logistics and Services (L&S) has taken delivery of eight self-propelled jack-up barges through its subsidiary Zakher Marine International (ZMI) Holdings.
With this expansion, the number of jack-up barges owned and operated by the company has increased from 31 to 39, reinforcing its status as the owner and operator of one of the largest fleets of this vessel type in the GCC region. This expansion comes at a time when jack-up barge charter rates are robust due to high demand for offshore services.
The additional jack-up barges include two newbuild and four second-hand units which have been purchased, in addition to the chartering of two further newbuild barges. One of the barges will serve the Iraqi market, marking ADNOC L&S’ entry into a new sector, supporting the company’s regional expansion plans.