As Middle East ramps up oil & gas investments, EthosEnergy unveils new regional hub
EthosEnergy, a provider of services and solutions for rotating equipment in the energy and industrial sectors, is expanding its presence in the Middle East with a new workshop in a bid to respond to the growing rotating and oil and gas equipment market, which is “critical to the delivery of energy projects” amid concerns about global energy shortages.
EthosEnergy revealed on Wednesday that it is investing over $2 million in a new engineering workshop in Abu Dhabi. This move to the 86,000 sq ft facility at The Industrial City of Abu Dhabi (ICADII) is expected to enable the firm to better respond to the fast-growing demand in the region and more than triple its footprint in the Middle East.
James Davies, EthosEnergy’sVP 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.”
Furthermore, the company explained that space restrictions at the previous workshop in Mussafah resulted in limitations to its service offering. However, the extended workshop has “significantly increased” its capabilities, allowing the firm to offer, “for the first time in the Middle East,” the full scope of manufacturing and repair of components under various API licensing.
Thanks to the increased workshop space, EthosEnergy can invest in new machinery, including a balancing machine to support rotating equipment such as compressors, steam turbines and pumps. The company highlighted that multiple new machines will allow for the production of “high-quality” parts.
Moreover, additional yard space – eight times the size of the Mussafah site – will create a regional hub for field service activity, increasing the number of available engineers and equipment and enabling the firm to strengthen its position as “a single-source provider for rotating equipment.” In addition, the site is expected to benefit EthosEnergy’s group companies, as it will store products and tooling which can then be transported onward to customers across the Middle East and beyond.
“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,” added Davies.
This announcement comes only days after the CEO of the UAE’s ADNOC underscored that the world needs all the energy solutions it can get, including oil, gas, solar, wind, nuclear, and hydrogen to enable energy security.
Prior to this, the CEO of the Saudi oil and gas giant, Aramco, also outlined in September 2022 that ramping up oil and gas investments and devising a “more credible” energy transition roadmap was required to usher in a more secure and sustainable energy future.