Halul Offshore Services Co. HOSC) and its parent company, Milaha, have increased their offshore support fleet with state-of-the-art Dive Support Vessel (DSV) “Shaddad”. At a ceremony held under the patronage of HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, “Shaddad” was unveile
DEME: Solid Order Book Since the beginning of 2014, DEME managed to maintain its order book at a fairly high level of about 3.0 billion EUR thanks to new orders, well spread worldwide across dredging, energy related and environmental activities. Panama Canal Expansion Update – May 2014 (VIDEO) The
Total has signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion and is subject to customary approvals. “The sale of our interest in Shah Deniz is in line with Total’
Japan’s JOGMEC will provide equity financing to JX Nippon Oil & Gas Exploration (Qatar) Limited for exploration project offshore Qatar.
Topaz Energy and Marine, a leading offshore support vessel company has announced that its Chief Financial Officer, Pernille Fabricius, is leaving the company. The company said that, “Ms. Fabricius leaves with the Chief Executive and Board of Directors’ best wishes and appreciation of her time with t
The search process to appoint the company’s new CFO has started.
SOCAR President Rovnag Abdullayev has received the Malaysian delegation led by Tan Sri Shamsul Azhar Abbas, President of PETRONAS, on 27 May. Welcoming the guests, SOCAR President expressed confidence that the visit of PETRONAS delegation to Azerbaijan would play an important role in the development
Gulf Drilling International (“GDI”) and Occidental Petroleum of Qatar (“Oxy”) have jointly announced that the jack-up drilling rig “Msheireb”, which was acquired by GDI earlier this year and refurbished, has been accepted by Oxy for drilling operations. “Msheireb” will be the third GDI rig currently
HM Naval Base in Portsmouth was lit up red, white and green as BAE Systems handed over the third of three new warships to the Royal Navy of Oman. AL RASIKH is a 99 metre corvette designed, built and delivered as part of Project Khareef. The Interim Acceptance ceremony was attended by dignitaries fro
SOHAR Port and Freezone have reached a milestone with the arrival of the first 10,000 TEU ship at the newly expanded Oman International Container Terminal (OICT). Under the auspices of His Excellency Dr Ahmed Mohammed Salem Al-Futaisi, Minister for Transport and Communication, SOHAR, thanks to OICT
Sohar Port and Freezone reached one of its most important milestones to date with the arrival of the first 10,000 TEU (twenty foot equivalent units) ship at the newly expanded Oman International Container Terminal (OICT) on May 23, 2014. OICT signed the development agreement early last year for expa
The Caspian Technical Training Centre (CTTC) in Sangachal has celebrated the 10th anniversary of its successful operation. The centre was opened in May 2004 by BP and its partners in Azeri-Chirag-Gunashli, Shah Deniz, Baku-Tbilisi-Ceyhan and South Caucasus Pipeline projects.
Clearwater Capital Partners, through an entity wholly owned by private investment funds managed by Clearwater, has completed the sale of a Keppel FELS B Class jack-up rig with hull number B351 to Arabian Drilling Company (“ADC”). Mohamed Yusof Al-Rafie, Chairman of Arabian Drilling Company said, “We
The Caspian Technical Training Centre (CTTC) in Sangachal celebrated the 10th anniversary of its successful operation. The centre was opened in May 2004 by BP and its partners in Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) and South Caucasus Pipeline (SCP) projects. CTTC is a
