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Barakah Offshore ties up with Minsheng Financial Leasing

The strategic partnership deal will see the struggling Malaysian group explore areas of collaboration in relation to oil and gas projects under the Chinese financing giant’s portfolio. Minsheng has a portfolio covering fields such as marine engineering equipment, logistics and energy equipment. It is China’s leading ship-leasing company with more than 330 vessels on its books

Barakah also recently formed a strategic alliance with Singapore firm Vallianz Holdings to explore business opportunities in Malaysia and the Middle East

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