The crane rental market is estimated to grow from US$53.3bn in 2023 to US$83.5bn in 2033 at a rate of 4.6% creating an absolute opportunity of US$30.3bn
Oil & gas one of the key sectors to fuel global crane rental industry
Industry
Maersk Training secures training management services partnership with Sapura Drilling
Maersk Training has secured a long-term training management services (TMS) global partnership with Sapura Drilling, a major player in global upstream drilling, to be their strategic and primary training provider
Nigeria to lead Africa in small-scale LNG liquefaction capacity additions, finds GlobalData
North America is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2023-2027, contributing about 32% of the total global small-scale LNG liquefaction capacity additions by 2027, forecasts GlobalData, a data and analytics company
NUPRC seeks consultation from stakeholders on PIA regulations development
The Nigerian Upstream Petroleum Regulatory Commission has released a notice of stakeholder consultation on phase 4 of regulations development in line with Section 216 of the Petroleum Industry Act (PIA) 2021
ECG comes to a deal with IPPs in Ghana
Independent power producers (IPPs) in Ghana have rescinded their threat to cut off electricity supply from their plants on 1 July, after reaching an interim deal with the state-owned Electricity Company of Ghana (ECG) over US$1.58bn in arrears owed to them by the state
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