Egyptian diving and marine contractor International Naval Works (INW) expects to take delivery of a sixth newbuild offshore support vessel (AHTS/DP-2) by May, as it expands its operations beyond its home country into the Gulf.
Egypt's President Abdel-Fattah El-Sisi has ordered work to begin on an $8.4bn upgrade to the Suez Canal.
Maersk Drilling has awarded a mooring services contract for the semi submersible rig Maersk Discoverer to Deep Sea Mooring (DSM).