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December 01, 2025

For further information, please contact:

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

ABL and PMS in Egyptian rig moving partnership 

ABL is partnering with Egypt’s Petroleum Marine Services Co. (PMS) to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC). 

This milestone initiative supports Egypt’s strategic direction to enhance offshore operational efficiency, reduce downtime, and elevate the standards of marine and drilling logistics across two of the country’s most dynamic offshore basins. 

“This service directly responds to the needs of production companies that seek a unified operational model that delivers efficiency, flexibility, and reliability, ultimately improving rig utilisation and minimising downtime,”

says Amr Badway, chairman and managing director of PMS. 

The new integrated service from PMS and ABL, includes a centralised operations control for the Red Sea, detailed site survey and technical studies, operational risk analysis and weather impact modelling, high-capacity towing units and ASD vessels with up to 126t bollard pull, seabed survey capabilities and ROV support, and a standardized workflow designed to reduce operational cost, minimise downtime, and enhance drilling continuity across the Gulf of Suez.  

As technical and engineering partner, ABL brings experience from more than 1,500 rig moves globally into the Egyptian offshore market. Its operational methodologies will be aligned with international standards.  

“The dynamic marine environment in Egypt will definitely benefit from a unified operational framework. We will also ensure knowledge transfer to reinforce local capability and improve overall system reliability,”

says Captain Stephen Craig, ABL’s director for rig operations. 

ABL will support the Egyptian offshore industry with marine warranty, engineering, and rig move assurance services. 

“Bringing ABL’s global rig operations methodologies into the Egyptian market – through this partnership with PMS – creates a significant step forward in strengthening operational consistency, safety performance, and readiness,”

says Tamer Gamil, ABL’s country manager in Egypt.  

PMS was Established in 2001 as independent entity subsidiary from the Egyptian General Petroleum Corporation. The company is a key supplier of solutions and services for offshore construction projects of oil and gas field in Egypt and the region. 

abl rig moving