Abu Dhabi’s ADNOC has closed the previously signed multi-billion-dollar pipeline infrastructure partnership deal with KKR and BlackRock, two of the world’s leading institutional investment funds.
Bahri places debut VLCC order with International Maritime Industries.
Wider conflict with Iran would be negative for most types of ships and for the oil markets in general.
The parties signed five separate agreements to reinforce their relationship and expand international operations.
The company already secured long-term contracts with oil majors for all three 300,000 dwt ships.
UAE would will work with allies to defuse and deescalate current threats in the Middle East.
Saudi oil giant Saudi Aramco has signed twelve agreements potentially worth billions of dollars with major South Korean companies.
Doha Port adds extra berthing space and completed dredging works as part of its redevelopment project.
The sanctions deny Iran’s leadership access to financial resources.
Energean has signed a detailed agreement with Israel Natural Gas Lines (INGL) for the transfer of title of the near shore and onshore part of the infrastructure that will deliver gas from the Karish and Tanin FPSO into the Israeli national gas transmission grid.
Qatar’s Ministry of Transportation and Communication (MOTC) has completed the dredging works at Doha Port as part of its redevelopment project. The Doha Port dredging and expansion project was awarded to a consortium that includes the Middle East Dredging Co. (MEDCO). According to MOTC, up to 3.5 mi
Tanker Al Sheehaniya delivered the largest LNG cargo to the expanded Marmara LNG Terminal in Turkey.
McDermott defines a large contract as between $50 million and $250 million.
McDermott has been awarded a contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia. The contract includes the full suite of EPCI services for the relocation of Control Rooms in Zuluf GOSP-4, Marjan
