<p><span style="font-size:24px"><span style="color:#0b396a"><strong>Sixth Extraordinary General Assembly Meeting of Petroleum Marine Services Company (PMS)</strong></span></span></p>

<p><strong><span style="font-size:18px">The Sixth Extraordinary General Assembly Meeting of the Petroleum Marine Services Company (PMS) focused on the introduction of new activities and the potential establishment of branches outside the Arab Republic of Egypt.</span></strong><br />
<strong><span style="font-size:18px">Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, commended PMS&#39;s strategic direction, which emphasizes optimal asset utilization, sustainable growth, and revenue diversification.</span></strong><br />
<strong><span style="font-size:18px">During the meeting, the assembly discussed proposed amendments to the articles of association, including the addition of new activities and the exploration of international expansion.</span></strong><br />
<strong><span style="font-size:18px">Engineer Amr Badawy, the company&#39;s CEO , highlighted PMS&#39;s commitment to enhancing its service offerings and upgrading the capabilities of its specialized marine units. This development aims to provide integrated services, boost competitiveness, and broaden the customer base both domestically and internationally.</span></strong><br />
<strong><span style="font-size:18px">He also announced the launch of a comprehensive five-year strategy targeting increased investment in human capital, restructuring, digital transformation, artificial intelligence integration, productivity improvement, cost reduction, market share expansion, and revenue maximization.</span></strong><br />
<strong><span style="font-size:18px">In alignment with evolving market demands and recent growth in the marine sector, as well as Egypt&#39;s Vision 2030 initiatives focusing on renewable energy, PMS has devised an advanced strategy. This strategy includes diversifying into energy activities, such as wind farm projects and electricity transmission, and establishing marine ports for clients both within and beyond Egypt, alongside dredging and coastal protection services.</span></strong><br />
<strong><span style="font-size:18px">Additionally, the PMS CEO stated the company&#39;s intention to introduce shipping agency services, enabling the independent management of all procedures related to owned and leased units, with aspirations to launch new branches internationally.</span></strong><br />
<strong><span style="font-size:18px">Minister Karim Badawy reaffirmed his full support for PMS&#39;s ambitious strategy to expand its fields of operation and client base while venturing into new international markets.</span></strong></p>