Safeen Group, a subsidiary of Abu Dhabi Ports Group, signed an agreement with the Iraqi “Aman Baghdad” company to support a new project to transport and store fuel oil from the Khor Al Zubair and Umm Qasr stations in Iraq.
The project is a remarkable step in the efforts of the Safeen Group to expand its scope of specialized services to the oil and gas sector, and comes in the context of its expansion strategy in the Iraqi market.
Under the agreement, Sven Feders, a subsidiary of Sven Group, will manage the entire project, as it will provide three large crude oil tankers, and a fourth medium-range tanker for the purposes of implementing the agreement.
