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Industry

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

After the Ever Given container vessel ran aground amid high winds and a standstorm in the Suez Canal last on Tuesday 23 March, effectively shutting off the important maritime route, international trade has been severely impacted but now service has resumed as the vessel has finally been pulled free

Penspen has been awarded a 10 month engineering contract from national oil company Petrozim Line Ltd to deliver a next-generation engineering project for the Feruka-Harare pipeline in Zimbabwe

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