Dubai Maritime City Authority (DMCA) is planning to participate in the upcoming 2014 Posidonia Exhibition which will be held from June 2 to 6, 2014 in Athens, Greece, to showcase Dubai’s experience as a world-class international maritime hub. DMCA explained this move as part of “its commitment to cr
Ackermans & van Haaren: Good Start in 2014 for DEME Ackermans & van Haaren, a diversified group active in 5 key segments: Marine Engineering & Infrastructure, Private Banking, Real Estate, Leisure & Senior Care, Energy & Resources and Development Capital, has announced its interim financial report f
Polarcus Limited, a UAE-based owner of seismic survey vessels announced a drop in revenue for the first quarter 2014. The company said that the effects of the challenging market conditions at the end of 2013 spilled over into the start of 2014, as the Company recorded lower revenues during the quart
Ackermans & van Haaren, a diversified group active in 5 key segments: Marine Engineering & Infrastructure, Private Banking, Real Estate, Leisure & Senior Care, Energy & Resources and Development Capital, has announced its interim financial report for the first quarter of 2014. Marine Engineering & I
Sheikh Hamdan bin Zayed bin Sultan Al Nahyan, the ruler representative of the Western Region of Abu Dhabi, has recently visited a number of the Western Region development projects. He also met with officials from Abu Dhabi Ports Company (ADPC) at Marfa Port, which lies north of Marfa city in Al Ghar
Dragflow S.r.l. is a world player in solid pumping solutions with over 25 years of experience in manufacturing heavy duty pumps and complete dredging equipment. Hereby we are bringing you an exclusive interview with Mr. Massimo Contri, Export Manager of Dragflow, who provided us with invaluable insi
TWMA, the global provider of oil and gas waste management solutions, announces a significant contract win for Abu Dhabi Marine Operating Company, ADMA-OPCO, to carry out work in three of Abu Dhabi’s offshore fields. Due to begin this quarter, the contract will see TWMA provide specialist drill cutti
Meercat Workboats has reported that the latest Meercat to leave their facility is currently en route to Dammam (Saudi Arabia). With the mothership recently launched, Zamil Offshore eagerly await their new meercat’s arrival. She will immediately begin work with her mothership carrying out dive suppor
Polarcus Limited has announced the release of its first quarter 2014 financial statements. Highlights in the first quarter 2014: – Revenues of USD 121.4 million, EBITDA of USD 39.6 million and EBIT of USD 16.9 million; – Net cash flow from operations of USD 55.9 million; – Reduction in cost of sales
SNC-Lavalin Inc. has been awarded a contract by Abu Dhabi Oil Company Ltd. (Japan), (ADOC) to provide project management consultancy services for an expansion aimed at increasing production from oilfields located offshore of the UAE. ADOC is currently operating the Mubarraz, Umm Al Anbar and Neewat
Electricity will increasingly power the world’s economies in the 21st century, rivalling oil as the dominant energy carrier, according to a new report by the International Energy Agency. Actively managing this transformation is the only way to meet global energy security and climate goals economical
Electricity will increasingly power the world’s economies in the 21st century, rivalling oil as the dominant energy carrier, according to a new report by the International Energy Agency. Actively managing this transformation is the only way to meet global energy security and climate goals economical
In 2013, approximately 6.5 million people were already employed in the renewable energy industry worldwide, a new study by the International Renewable Energy Agency (IRENA) reveals. ‘Renewable Energy and Jobs – Annual Review 2014’ underlines the important role that renewables continue to play in emp
Qatar Petroleum (QP) has announced plans to invest over 40 billion Qatari Riyals in the re-development of the existing Bul Hanine offshore oil field located about 120 kilometers to the east of the Qatari coastline. The project, which is currently at the pre-FEED stage, is one of the largest to be ma
