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Business Developments & Projects

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Abu Dhabi Ports
Business Developments & Projects

Abu Dhabi Ports moves forward with Khalifa Port expansion

UAE-based port operator Abu Dhabi Ports said that Khalifa Port’s expansion is on track for completion.

about 6 years ago
Noble Roger Lewis jack-up rig
Business Developments & Projects

Noble Corp. secures more rig work but day rates suffer

Offshore drilling contractor Noble Corp. has won more work for some of its drilling rigs but has also seen its day rates slashed.

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about 6 years ago
Noble Hans Deul rig on Franklin field
Business Developments & Projects

Oil & gas after 2020: Will the latest downturn lead to permanent transformation?

Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.

about 6 years ago
Illustration; Source: ARO Drilling
Business Developments & Projects

ARO Drilling names new chief executive officer

ARO Drilling, a Saudi-focused offshore drilling joint venture between oil and gas giant Saudi Aramco and Valaris, has named a new chief executive officer (CEO) of the company.

about 6 years ago
OPEC secretary general Mohammad Sanusi Barkindo; Source: OPEC
Business Developments & Projects

OPEC postpones Diamond Anniversary in Baghdad

The festivities scheduled for OPEC’s 60th Anniversary, originally scheduled for later this month in Baghdad where the organization was founded, have been postponed.

about 6 years ago
DP World
Business Developments & Projects

DP World-CDPQ platform secures funds for new terminal investments

Dubai-based port and terminal operator DP World and Canada’s insitutional investor Caisse de dépôt et placement du Québec (CDPQ) have announced the expansion of their ports and terminals investment platform through a new commitment of $4.5 billion.

about 6 years ago
Tekmar workers
Business Developments & Projects

Tekmar nets £6M in contracts for delivery in 2021

Subsea protection specialist Tekmar has recently secured a number of contracts with an aggregate value of over £6 million due for delivery in 2021 financial year. During August, Tekmar Energy and Pipeshield International won multiple contracts to supply subsea asset protection and stabilisation tech

about 6 years ago
Connector Subsea Solutions ADOS
Business Developments & Projects

Middle East expansion for Connector Subsea Solutions

Bergen-based Connector Subsea Solutions (CSS) has signed an exclusive agreement with Abu Dhabi Oilfield Services Company (ADOS). Furthermore, this agreement gets support with the appointment of John Charalambides as CSS executive VP – Middle East & North Africa. The agreement has a minimum duration

about 6 years ago
Novatek in first Yamal LNG delivery to UAE
Business Developments & Projects

Novatek in first Yamal LNG delivery to UAE

Russia’s largest independent natural gas producer Novatek has achieved another milestone for its Yamal LNG project.

about 6 years ago
agreement
Business Developments & Projects

Hutchison Ports, Egyptian Navy partner up on mega-ship container terminal in Abu Qir

Port developer and operator Hutchison Ports has signed a long-term agreement with the Egyptian Navy on the development and operation of a new container terminal in Abu Qir, Egypt.

about 6 years ago
Unifeeder
Business Developments & Projects

DP World’s Unifeeder buys three Transworld Group businesses

Denmark-based shortsea operator Unifeeder A/S, part of Dubai-based port and terminal operator DP World, has unveiled the acquisition of three businesses of Transworld Group.

about 6 years ago
Hakuryu-12; Source: JDC NOC Al Shaheen
Business Developments & Projects

JDC rig duo stays at giant Al Shaheen oilfield off Qatar

Qatari North Oil Company (NOC) has extended drilling contracts for a Japanese jack-up rig duo at the giant Al Shaheen offshore oil field in Qatar.

about 6 years ago
Boxship
Business Developments & Projects

ZIM introduces AI-based software to detect misdeclared cargo

Shipping company ZIM has developed and implemented an AI-based screening software to detect and identify incidents of misdeclared hazardous cargo before loading to vessel.

about 6 years ago
CMA CGM
Business Developments & Projects

CMA CGM resumes calls to Beirut

As the operational situation in the Port of Beirut is now back to normal again, French shipping major CMA CGM has resumed calls to this port.

about 6 years ago