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The new oil - Cranes Today


When interviewed for a feature on the Middle East market a few months ago, executive director at Al Faris Kieve Pinto said low oil prices caused uncertainty in the market and that there was a drop in investment in large scale oil and gas projects in the Kingdom of Saudi Arabia.
In this issue, there is a feature exclusively focussed on the oil and gas industry. Heavy lifting and special transport companies told Julian Champkin that the combination of the pandemic and low oil prices affected the industry and therefore the demand for their solutions. The industry experts talked about postponements and even cancelations of investments on oil and gas projects around the world over the past two years. Also jobs were predominantly for maintenance rather than construction of new plants or expansion of existing ones. This does not mean that there are no big projects left, with Fagioli winning three big contracts recently. There was also a degree of optimism that the market will recove ....

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Laing O'Rourke to turn company cars green by 2025


Laing O’Rourke to turn company cars green by 2025
Laing O’Rourke will install charging points at some employees’ homes as part of a plan to move all its company cars to hybrids or electric vehicles by 2025.
The contractor said it estimates it will save up to 1,000 tonnes of carbon by switching from diesel and petrol company cars.
Laing O’Rourke group director Madeleina Loughrey-Grant said: “We, our clients and other stakeholders are all very aware of the climate emergency and that all businesses need to do more to reduce emissions.
“Moving to a plug-in hybrid and electric-only company car fleet is welcome and an important step towards having a fully electric company car fleet by 2025, which will reduce emissions from our company cars by 70 per cent compared to 2019.” ....

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