Established in July 2013, the business unit evaluates available investment opportunities in the offshore sector. In 2013, the company signed a memorandum of understanding with Saudi Aramco and Sembcorp Maritime Ltd to construct a world-class maritime shipyard at Ras Al Khair in Saudi Arabia. The shipyard will provide engineering, building and repairing services for offshore platforms, as well as commercial and offshore service vessels. The business unit also manages and develops Bahri’s investment in Petredec, the largest independent LPG trading and shipping Company in the world with a fleet of over 50 vessels.