ADNOC Logistics & Services has completed its acquisition of Zakher Marine International, an Abu Dhabi-based owner and operator of offshore support vessels.
ZMI is said to own the world’s largest fleet of self-propelled jackup barges. It will continue operating as a standalone entity under ADNOC L&S, led by CEO Ali El Ali.
Following this transaction, ADNOC L&S claims to have the most diversified fleet in the Middle East, with more than 300 vessels in its offshore logistics, marine services and shipping fleet, supported by a 1.5-million sq m logistics base in Mussafah.
ZMI, formed in 1984, owns and operates 24 jackup barges and 38 offshore support vessels, and it employs more than 1,700 people in the UAE, Saudi Arabia, Qatar and China.
