Maltese firm to set up logistics hub at Port of Duqm
Maltese-based international logistics services provider Medserv has announced plans to set up a new logistics hub at the Port of Duqm as part of a long-term contract to supply oilfield pipeline goods to Petroleum Development Oman (PDO). METS, the regional subsidiary, said it has been selected by Japanese conglomerate Sumitomo Corporation to provide supply chain management services for the USD1.2bn deal signed recently by the Japanese business giant with PDO. The latter agreement covers the supply, via the Port of Duqm, of Oil Country Tubular Goods (OCTG) for PDO’s drilling operations for a five-year period effective from mid-2018.
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