Press Release

Equilibrium Engineering Consultancy and Equilibrium Equipment Trading Sign Shareholders’ Agreement with MIFRE Holdings a.s. from the Czech Republic to Strengthen Regional Capabilities in Nuclear and Energy Sectors.

Abu Dhabi, United Arab Emirates | 27 May 2025 – Equilibrium Engineering Consultancy and Equilibrium Equipment Trading, two leading entities based in the United Arab Emirates, are proud to announce the signing of a strategic Shareholders’ Agreement with MIFRE Holdings a.s., a prominent holding company from the Czech Republic with a strong presence in the nuclear energy, engineering, and infrastructure sectors.

This landmark agreement marks the beginning of a powerful international collaboration aimed at delivering cutting-edge engineering, technologies, and equipment solutions across the Middle East, particularly in the Nuclear, Oil & Gas, Healthcare, and Industrial sectors.

About Equilibrium Engineering Consultancy

Founded in 2018 and headquartered in Abu Dhabi, Equilibrium Engineering Consultancy has been at the forefront of providing world-class engineering and consulting services to major energy operating companies in the UAE, including Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Oil Company (Japan), Dolphin Energy, Dubai Petroleum Enterprise (DPE), Sharjah Electricity Water Authority (SEWA), Emirates National Oil Company (ENOC), and several Engineering Procurement & Construction (EPC) companies and government entities. The company has deep-rooted experience in pipeline and process plant projects, including conceptual and techno-economic feasibility studies, Front End Engineering Design (FEED), Pre-FEED, and Value Engineering.

In recent years, the company has expanded its services into the nuclear energy sector, supporting projects such as the Barakah Nuclear Power Plant. With the integration of Cybersecurity, AI, IoT, and other digitalization initiatives, Equilibrium continues to evolve as a multidisciplinary player in the modern energy landscape.

About Equilibrium Equipment Trading

Established in 2019, Equilibrium Equipment Trading has rapidly grown into one of the UAE’s top suppliers of specialized equipment and consumables for the Nuclear, Oil & Gas, Healthcare, Industrial, and Manufacturing sectors across all seven Emirates. The company holds exclusive and non-exclusive distribution rights for globally recognized brands and maintains a strong presence among major clients and institutions.

Both Equilibrium companies are ISO certified and possess an excellent In-Country Value (ICV) score, reflecting their commitment to quality, sustainability, and national economic development.

About MIFRE Holdings a.s.

Based in the Czech Republic, MIFRE Holdings is a diversified conglomerate with a significant focus on Nuclear Energy Engineering. Its key subsidiary, Rizzo Associates Czech, a.s., located in Plzeň, is a globally respected engineering and consulting firm dedicated to the safety and reliability of critical infrastructure, especially in nuclear energy and military sectors.

MIFRE Holdings also operates across various sectors including:

• Nuclear Waste Management, Municipal waste recycling

• Industrial Automation

• Design and delivery of systems which combine radiation detection with radiation protection shielding and robotic and automated solutions

• Design and implementation certified measurement methods for radioactive materials and comprehensive laboratory supplies

• Special software development for nuclear and critical infrastructure

• Large-scale control systems

• Railway and Transportation Solutions

A Strategic Step Towards Regional Growth

This strategic shareholding agreement enables the newly aligned organization to expand its presence in the Middle East and Africa, leveraging the technical excellence of MIFRE Holdings with the regional insight and operational strength of Equilibrium Group. Together, the partners are poised to deliver comprehensive solutions that meet evolving energy and infrastructure challenges with unmatched global expertise and local responsiveness.

Media Contact:

Equilibrium Equipment Trading / Equilibrium Engineering Consultancy

P.O. Box: 53338, Bin Hamoodah Tower

Abu Dhabi, United Arab Emirates

Tel: +971 2 6737766 / 056 55 33 989

Email: info@eqec.ae

Website: www.eqec.ae

LinkedIn: https://www.linkedin.com/company/79594365/admin/dashboard/

Equilibrium Engineering Consultancy, a leading player in the field of Oil & Gas Design Engineering, Project Management Consultancy Services and Services pertaining to Nuclear sector, marked a significant milestone in its global outreach during the World Nuclear Exhibition (WNE 2023) held at Expositions de Villepinte, Paris during 28th to 30th November 2023.

Mr. Sudhanshu Srivastava, the Acting CEO, and Mr. Shaji V. K., Director of Global Operations, represented Equilibrium Engineering Consultancy at the event, where they engaged in productive discussions with their esteemed French partner for the United Arab Emirates, ALTEA Energy Management. This high-profile meeting served as a platform to strengthen existing collaborations and explore future opportunities in the nuclear power generation sector.

The courtesy call with ALTEA Energy Management allowed the leadership team of Equilibrium Engineering Consultancy to connect with key clients in the nuclear power industry. The discussions not only underscored the commitment of both entities to collaborative ventures but also paved the way for an in-depth exploration of future business plans and ventures.

Mr. Sudhanshu Srivastava expressed enthusiasm about the collaboration, stating, "Our meeting at WNE 2023 was not only an opportunity to reinforce our partnership with ALTEA Energy Management but also to engage with our clients in the nuclear power generation sector. The discussions were fruitful, and we are excited about the possibilities that lie ahead."

Equilibrium Engineering Consultancy remains dedicated to providing cutting-edge solutions in the nuclear domain, and this strategic collaboration is poised to enhance the company's global footprint.

As Equilibrium Engineering Consultancy continues to drive innovation and excellence in nuclear project management services and technical assistance, the meeting at WNE 2023 serves as a testament to the company's commitment to fostering strong partnerships and staying at the forefront of advancements in the industry.

Equilibrium Engineering Consultancy (EEC) and Equilibrium Equipment Trading (EET) recently participated in the Local Suppliers Forum conducted at the Barakah Nuclear Energy Plant on Tuesday, 23rd May 2023.  

The event provided great opportunities to interact with end-user and to gain an understanding of the current activities and future development of the Barakah Plant project. It also gave EEC and EET a better understanding of the areas where both companies can support the Plant.  

We appreciate the effort ENEC and Nawah leadership have put in to developing the local supply chain and the support given to local companies and the local economy. The presentations made, and scheduled supplier meetings facilitated during the event, clearly emphasize the commitment to the local supply chain and the importance they place on the In Country Value (ICV) programme.  

EEC and EET are both 100% Emirati owned establishments and are committed to supporting the UAE Peaceful Nuclear Energy Programme by providing high quality services and products. Through our partnership with specialised nuclear service providers, we are committed to meeting the exacting standards of nuclear safety. EEC and EET have exclusive agreements with highly experienced nuclear related organisations such as ALTEA Energy (France), Allweld (South Africa), Respirex International (UK), and H3D Inc. (USA).

Equilibrium Equipment Trading (EET), EEC’s sister firm exhibited at the International Defence Exhibition & Conference (IDEX-2021), joining over 900 exhibitors from 59 countries in the largest defence exhibition in the Middle East, putting the Equilibrium name into the huge Defence market both locally and globally.

Equilibrium Engineering Consultancy (EEC) has been awarded the Abu Dhabi National Oil Company (ADNOC) In-Country Value (ICV) suppliers’ certification for demonstrating its commitment to growing and diversifying the UAE’s economy

“It is a remarkable achievement at this point of time, and I commend the efforts of those team members who worked hard to bring this result.” Mr Sahoo AlSuwaidi, Chairman of EEC, said

As part of ADNOC’s ICV programme, all ADNOC suppliers are required to declare their ICV achievement (ICV Certificate). ADNOC requires an annual third-party verification of the numbers of the ICV Certificate to be conducted and has empowered international auditing firms as their certifying bodies to do so

By integrating the ICV criteria into ADNOC’s commercial evaluation process, the company aims to nurture local and international partnerships and opportunities, improving knowledge transfer, and creating job opportunities for UAE nationals. 

Mr Mohammed Sahoo AlSuwaidi, Chairman of Equilibrium Engineering Consultancy, was one of many high-profile guests to speak at the 3rd Tanzania Oil and Gas Congress held in Dar es Salaam on the 2nd and 3rd of October 2019. The Congress attracted industry professionals from across the entire global value chain and was a platform for strategic networking and opportunities to develop and expand business partnerships.

Mr Sahoo AlSuwaidi participated in the opening of the Congress by delivering a Welcome Address to Honourable Ministers, Government officials and distinguished international delegates, including representatives from neighbouring countries working with Tanzania in strategic Oil & Gas projects, such as Kenya, Zambia and Uganda.

Mr Sahoo AlSuwaidi also engaged with prominent government officials including Tanzania’s Minister of Energy, Hon. Dr. Medard Kalemeni. He was also one of select group of VIP guests invited to the residence of the British High Commission to have dinner with the Hon. Sarah Cooke, British High Commissioner to Tanzania and the Hon. Abdulsamad Abdulrahim, acting Chairman of the Association of Tanzania Oil and Gas Service Providers (ATOGS).

Equilibrium Engineering Consultancy, UAE signs a Partnership Agreement with SV Gas Solutions, India.  Through this partnership, UAE based Equilibrium Engineering Consultancy enters to undertake City Network Gas projects within this region.

Equilibrium Engineering Consultancy already has a vibrant team of well experienced Engineers in Oil & Gas, professionals in Project Management and competent workforce, is strong to provide world-class engineering solutions, Project Management Consultancy, Feasibility Study, Front End Engineering Design (FEED) for City Network Gas Designs and Projects, Advisory services, Third Party Inspection Services in both Government & Private Sectors and City Gas Distribution Companies. Our Engineers are recognized by IGEM (UK), with extensive domestic and international experience in the area of City Gas Distribution (CGD), with globally renowned major Oil & Gas Companies. Partnering institutions had undertaken and successfully completed engineering & design of Natural Gas pipeline Network projects, SNG Plants, gas in building design, Odorizing Units etc. for different Customers in UAE, Saudi Arabia and India.SV Gas Solutions, India also manufactures complete range of Gas Control & Operational Tools according to Gas Industry Standards (GIS)-UK. 

Equilibrium Equipment Trading, Abu Dhabi, a sister concern of Equilibrium Engineering Consultancy signed another agreement for the trading of Oil and Gas equipment for the customers in UAE.