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Business & Finance

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Saudi Aramco Jackets Job for LTHE and Subsea 7
Business & Finance

Saudi Aramco Jackets Job for LTHE and Subsea 7

L&T Hydrocarbon Engineering Limited (LTHE) and EMAS AMC (Subsea 7 company) have been awarded a project by Saudi Aramco. The project consists of twenty eight offshore jackets in Zuluf, Marjan, Sfaniya and Ribyan fields offshore Saudi Arabia. LTHE’s fabrication facilities in Middle East & India are fu

about 7 years ago
LTHE to deliver 28 jackets for Saudi offshore oil fields
Business & Finance

LTHE to deliver 28 jackets for Saudi offshore oil fields

Jackets will be delivered for Marjan, Sfaniya, and Ribyan offshore fields.

about 7 years ago
Stena Bulk Meets Iran’s Foreign Minister over Stena Impero Release
Business & Finance

Stena Bulk Meets Iran’s Foreign Minister over Stena Impero Release

The company and Iran’s Foreign Minister had “a constructive dialogue” on the release of the vessel held since July 19.

about 7 years ago
ADNOC Dishes Out $3.6B in Deals
Business & Finance

ADNOC Dishes Out $3.6B in Deals

The Abu Dhabi National Oil Company (ADNOC) has awarded multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximizing va

about 7 years ago
ZIM Returns to Black in 2nd Quarter
Business & Finance

ZIM Returns to Black in 2nd Quarter

Recovering freight rates saw a partial decrease in H1 2019, while bunker prices remained highly volatile.

about 7 years ago
Australia Joins US-Led Coalition to Protect Ships in Strait of Hormuz
Business & Finance

Australia Joins US-Led Coalition to Protect Ships in Strait of Hormuz

Australian is to work alongside international partners to assure security of merchant vessels in the Strait of Hormuz.

about 7 years ago
Aker Solutions Umbilicals for ADNOC’s Dalma Project
Business & Finance

Aker Solutions Umbilicals for ADNOC’s Dalma Project

Aker Solutions has won an order from ADNOC to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the shallow waters of the Persian Gulf. “This is the first subsea umbilical award by ADNOC in the UAE and the first subsea award for Aker Solutions in the Persian Gul

about 7 years ago
US Issues Warrant to Seize Iranian Tanker Grace 1
Business & Finance

US Issues Warrant to Seize Iranian Tanker Grace 1

US DoJ issued a warrant to seize the tanker “based on violations of the International Emergency Economic Powers Act.”

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (August 12 – 18, 2019). PAO Shipbuilding: Keel Laying Ceremony for New Dredger A keel laying ceremony for a non-self-propelled cutter suction dredger (CSD) – Project 4395 – took place yesterday at PAO Shipbuilding

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (August 12 – August 18). https://subseaworldnews.com/2019/08/14/kreuz-subsea-ceo-quits/ https://subseaworldnews.com/2019/08/14/jfd-aquacentrum-den-helder-partner-on-submarine-escape-training/ https://s

about 7 years ago
Seadrill teams up with Gulf Drilling for Qatar Petroleum contract
Business & Finance

Seadrill teams up with Gulf Drilling for Qatar Petroleum contract

Seadrill Limited has entered into a joint venture with Gulf Drilling International (GDI) following a recent contract award to GDI by Qatar Petroleum. Last May, Qatar Petroleum awarded contracts for a total of eight offshore jack-up drilling rigs required for the North Field Expansion (NFE) Project o

about 7 years ago
Gibraltar Releases Seized Iranian Tanker Grace 1
Business & Finance

Gibraltar Releases Seized Iranian Tanker Grace 1

The officials have revoked the vessel’s earlier specified detention with effect from August 15.

about 7 years ago
US Seeks to Block Release of Grace 1 in Gibraltar
Business & Finance

US Seeks to Block Release of Grace 1 in Gibraltar

Gibraltar was to lift the detention on the ship this morning.

about 7 years ago
Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers
Business & Finance

Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers

The company asked for help in freeing the Stena Impero seafarers from India, Russia, Latvia and the Philippines.

about 7 years ago
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