ABL and PMS sign rig move agreement
Energy and marine consultancy ABL have signed a memorandum of understanding (MoU) with Egyptian offshore construction and services company Petroleum Marine Services (PMS) to collaborate on rig moving services and marine assurance and risk.
Working Together for Safe Egyptian Rig Moving
The MoU spells out that ABL’s local operations in Egypt, can be called upon to provide rig moving and operations technical support, as well as its wide range of marine assurance and risk services, including rig inspections, DP assurance and critical systems consulting.
“It is great to have the opportunity to cement our relationship with PMS on rig moving and assurance. We have a long track-record in supporting safe and optimised rig operations across the Middle East and North and South Africa. Our and PMS’s strong presence in Egypt means that we can provide a really strong end-to-end offering to support Egyptian rig operations.”
Stephen Craig, ABL’s Global Director for Rig Operations
This move follows December’s announcement from PMS and ABL that the two companies were introducing a unified rig moving service in the Red Sea and Gulf of Suez, with the support of EGPC.
“We are delighted to formalize the next chapter of our partnership with ABL through this MoU. Building on a foundation of success – from our initial engineering services to the implementation of unified rig-moving solutions – this MoU reinforces our shared mission to elevate operational efficiency and safety standards within Egypt’s energy sector. It also reflects PMS’s commitment to deploying world-class expertise that drives the growth, sustainability, and long-term value of Egyptian offshore operations.”
Engineer Walid Hegazy, Chairman & CEO of PMS
About ABL Rig Moving
On average, ABL supports 1,300 rig moves annually. Services include marine warranty survey, vessel surveys and inspections, tow master and OCR support, engineering technical studies including leg penetration assessments (LPAs), site specific assessments (SSAs) and wider geo-consulting to support jack-ups and other types and rigs.
“We are pleased to sign this MoU with PMS, following previous engagements with the company. It reflects the close and successful collaboration between our companies, in support of Egyptian offshore energy.”
Tamer Gamil, Country Manager for ABL Egypt
About PMS
PMS was established in 2001 as independent entity subsidiary from the Egyptian General Petroleum Corporation (EGPC). 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 is part of Oslo-listed consultancy group ABL Group ASA.
Explore Related News from EGYPES 2026
Aligned with this year’s EGYPES theme, “Transforming Energy through Collaboration, Action and Realism”, ABL has signed a series of industry agreements with leading Egyptian operators across the marine and offshore energy markets.
Our goal is to work alongside trusted local partners – combining global marine and engineering expertise with strong in‑country capability and local content – to deliver smarter, more resilient solutions supporting Egypt’s energy future.
Explore other landmark agreements signed on the sidelines of EGYPES 2026:
Egypt’s PMS engaged ABL for offshore consultancy services.
ABL and Maridive & Oil Services in marine assurance agreement.
ABL and Tidewater in Egyptian cooperation.
ABL signs MSA with Egypt’s Timsah Shipbuilding Company.