
Petroleum Marine Services company Implements 87 Projects Worth $171 MM
Petroleum Marine Services company (PMS) announced that it has implemented 87 projects in 2020 estimated at $171 million at the highest quality and right on schedule, despite challenges caused by COVID19 pandemic, according to a press release.
This announcement was made during the company’s general assembly meeting headed by the Ministry of Petroleum and Mineral Resources, Tarek El Molla, to approve the operational results of 2020.
PMS Chairman, Ashraf Imam elaborated that PMS managed to sign 80 contracts at a cost of $225 million in 2020 and referred to the most significant implemented projects including wells and assets maintenance, marine pipelines reforms, and training provided to the employees to leverage their competencies.
Meanwhile, the petroleum minister praised the featured results of the company in light of its ownership for a giant marine fleet equipped with high-level technological capabilities.
The minister also emphasized the necessity to continue implementing all operations according to the required quality and to open new opportunities for new operations and partnerships with international oil companies (IOCs) in the Mediterranean.
In addition to PMS Chairman, the meeting was attended by the head of Egyptian General Petroleum Corporation (EGPC) and his deputies, the undersecretary of the Ministry of Petroleum for Economic Financial Affairs, and the heads of Enppi and Petrojet.

Oil prices close at highest level in two years
Oil prices closed on Friday at their highest levels in nearly two years,after producers agreed to increase supply from April by a smaller amount than expected.
A barrel of North Sea Brent Crude for delivery in may rose 3.9 percent in London to $69.36,it’s highest closing price since April 2019.
In new york , the barrel price of west Texas Intermediate for April delivery climbed 3.5 percent 3.5 to $66.09, it’s highest closing level in 22 months.

Libya
The head of the national unity government, Abdel Hamid Dabaiba, handed over the Presidency of the Council of Representatives to the cabinet, accompanied by the names. A session of granting confidence to the unity government will be held on March 8 in Sirte

Libya Today
The Minister of Foreign Affairs of the Government of National Accord, Muhammad Sayala, called to support the peaceful path and for stopping foreign interference in Libya.
This came in his speech before the delegations participating in the meeting of the (155) ordinary session of the Arab League Council meeting at the ministerial level, which is currently taking place in the Egyptian capital, Cairo, from March 1 to March 3.

Samir Abdelly # Panama Papers
Special leaks from inside the presidency of Tunisia revealed the attempt to put unrelated names to the file of smuggling money outside Tunisia was also revealed in cases including what was said about “Panama Papers ” to cover up the real involved businessmen who finance some parties and control the joints of state. This has proven innocence of Dr Samir Abdelly among the issues related to bank accounts and Panama illegal accounts after the disclosure of more than 20 bank accounts outside Tunisia and the involvement of high-caliber names in money smuggling since the revolution and colluding with Ben Ali’s in-laws.
Special leaks from inside the presidency revealed that Qais Said, who declared his war on corruption in all sectors, held accountable every sinner against Tunisia and caused the collapse of the state at all levels, which he confirmed in a meeting The National Security Council and its impact continued to coordinate and meet with several parties, in addition to receiving important reports from the World Bank, which made it decide to move urgently as Tunisia’s sovereign number continues to decline….
Special report / Tunisia / MM New

Samir Abdely : Top 5 Influential Lawyer around the world.
WASHINGTON, D.C. U.S MENA & World Report and TOP Lawyers, for the 48th consecutive year, collaboratively announce the release of the “Best Lawyer” rankings.

Firm Directory
The profile section contains a list of firms that have taken out commercial profiles in The Legal 500.