Al 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
Industry
Lloyd’s Register develops AllAssets solution for oil and gas plants
Engineering and technology solution provider Lloyd’s Register has developed AllAssets solution for oil and gas plants
Siemens Energy signs long-term service agreement with Aramco
Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oilfields
Pharos Energy receives provisional approval of El Fayum Concession, Egypt
Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporations (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
Trade through Suez Canal resumes after Ever Given released
International 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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