Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in Egypt.
Subsea7 has announced the award of a substantial contract to Subsea Integration Alliance1 by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt.
Tug boats refloated an oil tanker that was briefly stranded in Egypt's Suez Canal late on Wednesday due to a technical fault with its rudder, the Suez Canal Authority (SCA) said.