How Industry 4.0 Is Transforming the Heavy Engineering Sector
Introduction to Industry 4.0 in Heavy Engineering Industry 4.0, often termed the fourth industrial revolution, is bringing about a significant transformation in the heavy engineering sector. This shift is driven
Chinese Engineering Milestone: Record-Breaking Offshore Oil and Gas Platform Delivered to Saudi Aramco
Introduction China has achieved a significant milestone in marine engineering with the successful delivery of the largest offshore oil and gas platform ever built by a Chinese company. This platform,
Understanding the Growth and Financial Dynamics of the Global Pressure Vessel Market
Introduction to the Pressure Vessel Market The global pressure vessel market is growing rapidly due to the increasing demand for clean energy and technological advancements. Pressure vessels are crucial in
ADNOC begins bidding process for $3 billion Lower Zakum contract
ADNOC begins bidding process for $3 billion Lower Zakum contract Abu Dhabi’s energy giant ADNOC has initiated the bid process for a major oilfield expansion project involving a potential $3 billion-plus contract
ADNOC cancels major contracts for multibillion Hail and Ghasha project
ADNOC cancels major contracts for multibillion Hail and Ghasha project Abu Dhabi’s energy major ADNOC has terminated two key contracts for onshore and offshore work on its multibillion-dollar Hail and Ghasha sour
Saipem secures two-year extension for Eni’s $280 million drillship contract
Saipem has been awarded a two-year contract extension by Eni for the use of the Santorini drillship. The contract extension, which will give continuity to the ongoing activity, will come
Perma-Pipe International Holdings announces contract awards in excess of $8 million.
SPRING, Texas, April 17, 2023–(BUSINESS WIRE)–Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded two contracts with a combined value in excess of US$8 million. The first
Egypt cooperates with foreign partners on extensive oil drilling program
During the meeting, the pair mulled the available investment opportunities to British companies wishing to invest in the field of oil and natural gas in Egypt The Egyptian petroleum sector
Kuwait Oil Company awards $76 million oil flow lines contract
Combined Group Contracting has announced in a statement that it has secured a five-year contract worth $76.5 million for oil flow lines project issued from Kuwait Oil Company. The company states that
