TransGlobe Energy Corporation has announced that it has reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the three existing Eastern Desert concessions (the West Gharib, West Bakr and North West Gharib concessions) into a new modernised concession agreement
Industry
NMDC to merge with NPCC to create leading EPC player
Shareholders of National Marine Dredging Company (NMDC) have voted to approve the recommended offer to merge with National Petroleum Construction Company (NPCC)
Reflex Marine’s STORM-WORK suspended work basket completes 100 projects
Reflex Marine’s STORM-WORK suspended work basket was successfully deployed on its 100th offshore project in October 2020
GPT, Erith partner to provide more strategic focus on the oil and gas sector in the Middle East
GPT has signed a strategic partnership agreement with Erith Specialized Solutions FZC based out of Sharjah, UAE
Aramco and Baker Hughes commence construction on non-metallics JV
Aramco and Baker Hughes have announced the formation of Novel, a 50/50 JV to develop and commercialise a broad range of non-metallic products for multiple applications in the energy sector