BUTEC Group Completes the Takeover of ENGIE’s 17 Energy Services Companies in Africa

BUTEC Group Completes the Takeover of ENGIE’s 17 Energy Services Companies in Africa

DUBAI, United Arab Emirates – BUTEC (www.BUTEC.com) based in UAE, a leading contracting group in the MENA and GCC regions, has recently completed the takeover of 17 Energy Services companies in Africa previously owned by the energy global player, ENGIE Group. The acquisition process was completed on the 31st of March 2022, following the initial agreement signed on the 16th of last December between the two groups. The acquisition of these 17 companies, based in 15 countries across Africa, stems from the strategic decision taken by BUTEC Group, a major…

Grandweld Shipyards completes the delivery of the Surfer 2 crew boat for Allianz Middle East Ship Management LLC

جراندويلد تسلم قارب الطواقم الثاني لشركة أليانز الشرق الأوسط

Grandweld Shipyards completes the delivery of the Surfer 2 crew boat for Allianz Middle East Ship Management LLC The successful completion is an affirmation of Grandweld’s expertise in a competitive industry and exponential growth of the shipbuilding sector in the UAE Grandweld Shipyards, a leading UAE-based shipbuilding and ship repair facility, successfully delivered the second of the three new 42-meter crew boats (GrandSuperior), built for Allianz Middle East Ship Management LLC, a leading provider of offshore support vessels and marine logistics services. Named Allianz Surfer 2, the crew boat is…