Aqualis Offshore, marine and engineering consultancy, moves forward with its expansion in the Middle East by opening an office in Abu Dhabi. Only nine months have passed since Aqualis started operating in the Middle East, and they already have offices in Dubai, UAE; Dammam, Kingdom of Saudi Arabia;
Dana Gas, the Middle East’s leading regional private sector natural gas company, announced that it has signed an agreement for the North El Arish (Block 6) Concession Area, offshore the eastern Nile Delta. The 2,980 sq. km block was awarded in April 2013 as part of a competitive bidding process. Thi
The about 500 ton living quarters for Dolwin Beta is hoisted in place. The Dolwin Beta wind platform is being built at subcontractor Drydocks World in Dubai. With its 77 metres in height, it is gradually becoming highly visible. The height makes this one of the most complex installations in the proj
The 4th Doha International Maritime Defence Exhibition (DIMDEX 2014), which is under the patronage of His Highness the Emir Sheikh Tamim Bin Hamad Al-Thani, announces that Qatar Petroleum (QP) has signed an agreement to be a gold sponsor of the event. Brig. Dr. (Eng) Thani A. Al-Kuwari, Assistant Mi
The Japan International Cooperation Agency (JICA) concluded a Japanese ODA loan agreement with the Republic of Iraq to provide funding for the Port Sector Rehabilitation Project (Phase II), at the Ministry of Finance, Baghdad. This is the 20th loan agreement under the Japanese ODA loan to Iraq, whic
Lamprell has completed and delivered the jackup drilling rig, “Qarnin” to Abu Dhabi’s National Drilling Company (‘NDC’). Completion and delivery of the jackup rig, on time and on budget, was marked at a ceremony held at Lamprell’s Hamriyah facility in the UAE on 13 February. The rig will depart the
Abu Dhabi Ports Company (ADPC) has announced the appointment of Gary Lemke as new Executive Vice President (EVP) Ports. Mr Lemke, who joined the company this week, has more than 20 years of working experience in the ports industry around the world. His position will oversee the emirates flagship, st
Abu Dhabi Ports Company (ADPC) has invested more than AED 27 millon (approx. USD 7.4 million) in the Al Gharbia region of Abu Dhabi over the last year. ADPC has five ports in the region; Marfa, Al Sila, Sir Bani Yas, Mugharrag, and Delma. As part of its remit as master developer of the non-oil [&hel
Australia: BAM Clough Bags Port Hedland Wharf Contract Fortescue Metals Group (FMG) has awarded the BAM Clough Joint Venture (BAM Clough) a design and construction contract for a fifth iron ore loading berth at its Anderson Point Facility (AP5) in Port Hedland, Western Australia. UK: Environment A
Polarcus Limited announces the release of its fourth quarter and preliminary full year 2013 financial reports. Polarcus delivered a respectable result in Q4 2013 despite very challenging market conditions during the quarter. The Company recorded an increase in EBITDA margin to 41% with low utilizati
Polarcus Limited announces the release of its fourth quarter and preliminary full year 2013 financial statements. Polarcus recorded an increase in EBITDA margin to 41% with low utilization being offset by lower costs in 4Q 2014. Reduced finance costs due to less debt and reduced interest rates furth
At the start of 2014, an agreement was reached between Huta Marine Works, the leading marine contractor in Saudi Arabia, and the Training Institute for Dredging (TID) and IHC Parts & Services – both part of the IHC Merwede group. This agreement concerns the delivery of an extensive life-cycle suppor
Abu Dhabi Marine Operating Company (ADMA-OPCO) has awarded Technip a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) phases of the Zakum Oil Lines Replacement Project-Phase 1 (ZKOL). The ZKOL project serves ADMA-OPCO’s objective of r
Abu Dhabi Marine Operating Company (ADMA-OPCO) awards Technip with a contract for project management consultancy services for the engineering, procurement and construction phases of the Zakum Oil Lines Replacement Project-Phase 1. ADMA-OPCO’s objective is to replace aged oil pipelines in the Zakum f
