Abu Dhabi-based Safeen Group is beefing up its presence in the Middle East’s offshore sector, revealing a deal concluded in the second quarter of this year to purchase of a 2014-built dive support vessel from the Tulshyan Group of Singapore.
The acquisition of the 75.5 metre Nordic Prince, announced on Sunday, was timed just as high oil prices spurred a significant uptick in offshore oil and gas activity in the Middle East Gulf.
