Frederick University and Island Oil Ltd, one of the largest companies based in Cyprus operating in the marine and domestic fuels sector, recently signed a Memorandum of Understanding with the aim of collaborating in the field of Maritime and Blue Economy. Among other initiatives, Island Oil offers scholarships to students pursuing a BSc in Maritime Studies at Frederick University, as well as other financial support schemes for the benefit of the students.
The Memorandum was signed on behalf of Island Oil by Mr.