EthosEnergy, which specialises in services and solutions for rotating equipment in the energy and industrial sectors, has expanded its footprint in the Middle East as the region’s major players ramp up oil and gas investments amid concerns about global energy shortages.
The company is investing over US$2 million in a new engineering workshop in Abu Dhabi – a move which will enable EthosEnergy to better respond to the fast-growing rotating and oil and gas equipment market that is critical to the delivery of energy projects.
The move to the 86 000 ft2 facility at The Industrial City of Abu Dhabi (ICADII) more than triples EthosEnergy’s footprint in the region. Space restrictions at the previous workshop in Mussafah resulted in limitations to EthosEnergy’s service offering, but the extended workshop has significantly increased its capabilities. It has enabled the company to offer, for the first time in the Middle East, the full scope of manufacturing and repair of components under various API licensing.
The increased workshop space has enabled EthosEnergy to invest in new machinery, including a balancing machine to support rotating equipment such as compressors, steam turbines and pumps. Multiple new machines will allow for the production of high-quality parts.
Additional yard space – eight times the size of the Mussafah site – will be used to create a regional hub for field service activity, increasing the number of available engineers and equipment and enabling EthosEnergy to strengthen its position as a single-source provider for rotating equipment. The site will also benefit EthosEnergy’s wider group companies, as it will store products and tooling which can then be transported onward to customers across the Middle East and beyond.
James Davies, VP Facilities & Field Services, commented:
“Over the last 40 years, we’ve built a strong presence in the Middle East, but our growth has been constrained by the footprint limitations of our previous site. With the region’s largest oil and gas and energy players scaling up investments, expanding capacity and increasing output, EthosEnergy is now perfectly placed to rapidly respond to the growing market with enhanced capabilities to manufacture, maintain and repair oil and gas and rotating equipment in-region.”
“We are also excited about what this new space means for our people. As well as developing our current team, we’ll also be creating opportunities to bring in new talent to mutually support future business plans and develop broader, in-demand energy skills.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/07112022/ethosenergy-expands-footprint-in-the-middle-east/
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