Industry

Al Gihaz Holding completes acquisition of Enshore Subsea

AdobeStock 64589851Al Gihaz Contracting, part of Al Gihaz Holding, has announced its acquisition of assets, intellectual property and the management systems of Enshore Subsea, a UK-based subsea trenching company, providing seabed intervention services to major projects across industries around the world

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Lloyd’s Register develops AllAssets solution for oil and gas plants

oil and gas allassetsEngineering and technology solution provider Lloyd’s Register has developed AllAssets solution for oil and gas plants

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Siemens Energy signs long-term service agreement with Aramco

Mahmoud Alsulaimani ORMESiemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oilfields

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Pharos Energy receives provisional approval of El Fayum Concession, Egypt

Pharos ORA ORMEPharos Energy has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) main board to an amendment of the fiscal terms of its El Fayum Concession, which is now subject to the approval of the Egyptian government

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Trade through Suez Canal resumes after Ever Given released

AdobeStock 423219722International trade has been severely impacted over the last week after the Ever Given container vessel ran aground amid high winds and a standstorm in the Suez Canal, effectively shutting off the important maritime route, but now service has resumed as the vessel has finally been pulled free

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