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Business & Finance

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UAE: Lamprell Completes Construction of Jack-Up Rig ‘Muhaiyimat’
Business & Finance

UAE: Lamprell Completes Construction of Jack-Up Rig ‘Muhaiyimat’

Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announces the completion of construction of the jackup rig “Muhaiyimat” and its delivery to Abu Dhabi’s National Drilling Company (‘NDC’). Completion and de

about 14 years ago
Lamprell Delivers Jack-Up Rig to NDC (UAE)
Business & Finance

Lamprell Delivers Jack-Up Rig to NDC (UAE)

Lamprell has delivered the jackup rig “Muhaiyimat” to Abu Dhabi’s National Drilling Company (‘NDC’). Completion and delivery of the jackup rig, 26 months from initial steel cutting, was marked at a ceremony at Lamprell’s Hamriyah facility in the UAE on 8 November, and the rig departed the facility o

about 14 years ago
UAE: Jebel Ali Port – Star of “The Gateway” Programme
Business & Finance

UAE: Jebel Ali Port – Star of “The Gateway” Programme

DP World’s flagship Jebel Ali port is the star of CNN International’s well-regarded “The Gateway” programme this month, with the first episode of a four part series aired on 6th December. Hosted by high profile CNN anchor Becky Anderson, the programme goes behind the scenes to show how Jebel Ali por

about 14 years ago
UAE: Senior U.S. Trade Official Visits Jebel Ali Port
Business & Finance

UAE: Senior U.S. Trade Official Visits Jebel Ali Port

DP World this week welcomed U.S. Undersecretary of Commerce for International Trade, Francisco Sanchez, to its Dubai headquarters and flagship Jebel Ali port. Mr. Sanchez met with the DP World Chairman, HE Sultan Ahmed Bin Sulayem and Vice Chairman, HE Jamal Majid Bin Thaniah and was given the backg

about 14 years ago
Regulations for Prevention of Pollution by Garbage from Ships – MARPOL Annex V
Business & Finance

Regulations for Prevention of Pollution by Garbage from Ships – MARPOL Annex V

January 1st 2013 is the date when all mariners are to be aware of the revised garbage disposal requirements dictated by MARPOL Annex V. Marine Management companies have in general been quick to ensure their crews are aware of the new requirements. They have worked through their revised garbage manag

about 14 years ago
ConocoPhillips to Spend $15.8 Billion in 2013
Business & Finance

ConocoPhillips to Spend $15.8 Billion in 2013

ConocoPhillips has announced a 2013 capital budget of $15.8 billion (including contributions to the FCCL joint venture), which is approximately flat to expected 2012 capital program spending. Investments during 2013 will target the company’s diverse portfolio of global opportunities, with approximat

about 14 years ago
Qatar: Weir Pumps Selected for New Doha Port Project
Business & Finance

Qatar: Weir Pumps Selected for New Doha Port Project

Middle East Dredging Company (MEDCO) has selected Weir Minerals to supply pumps that will be used in the New Doha Sea Port dredging project, according to portfinanceinternational.com. This capital construction project will require approximately 45 million cubic metres of mainly hard rock to be dredg

about 14 years ago
Austal Secures Fleet Maintenance Contract from NFC (Oman)
Business & Finance

Austal Secures Fleet Maintenance Contract from NFC (Oman)

Austal announced the award of a Fleet Maintenance Services contract by the Sultanate of Oman’s National Ferries Company (NFC). The award of this contract follows a successful competitive tender. Austal had previously held a three-year Vessel Maintenance Services Agreement which concluded in October

about 14 years ago
Italy: OLT Offshore LNG Toscana Updates on FSRU Toscana’s Arrival
Business & Finance

Italy: OLT Offshore LNG Toscana Updates on FSRU Toscana’s Arrival

OLT Offshore LNG Toscana provided an update about the timing concerning both the arrival of the FSRU Toscana in Livorno and the consequent start of the commercial activities. In particular, the finalization of the project, in the shipyard of Dubai, will be shortly delayed. This will be reflected on

about 14 years ago
Milaha Demonstrates Its Maritime Capabilities at SMEM 2012 (UAE)
Business & Finance

Milaha Demonstrates Its Maritime Capabilities at SMEM 2012 (UAE)

Milaha demonstrated its expanding maritime capabilities at the recent Seatrade Middle East Maritime 2012 Conference and Exhibition held in Dubai. From beginning to end, it was a successful showing for Milaha and the rest of Qatar’s contingent of leading companies showcasing their emerging presence i

about 14 years ago
Svitzer Middle East Orders Two Damen Stan Tugs 1606
Business & Finance

Svitzer Middle East Orders Two Damen Stan Tugs 1606

Damen Shipyards Group has signed a contract with Svitzer Middle East for the delivery of two Damen Stan Tugs 1606. The contract was signed during the second day of Seatrade Middle East Maritime exhibition in Dubai. Svitzer is in need for both tugs due to a recent charter contract with Danish stevedo

about 14 years ago
Chevron Earmarks $33 Bln for Exploration and Production in 2013
Business & Finance

Chevron Earmarks $33 Bln for Exploration and Production in 2013

Chevron Corporation has announced a $36.7 billion capital and exploratory investment program for 2013. Included in the 2013 program are $3.3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. “Our exploration program continues to discover additional gas reso

about 14 years ago
UAE: Grandweld Hands Over Second Service Boat to KOTC
Business & Finance

UAE: Grandweld Hands Over Second Service Boat to KOTC

Dubai- Based Grandweld Shipyards has announced the successful delivery of the new service boat “Nakilat 11” to Kuwait Oil Tanker Company. KOTC Chairman and Managing Director Bader Al-Khashti signed the delivery documents with Grandweld General Manager Jamal Abki in a special ceremony held at KOTC he

about 14 years ago
NCC of Saudi Arabia Takes Delivery of Chemical Tanker “NCC SAMA”
Business & Finance

NCC of Saudi Arabia Takes Delivery of Chemical Tanker “NCC SAMA”

National Chemical Carriers Ltd. Co. (NCC) of Saudi Arabia, owned 80% by The National Shipping Company of Saudi Arabia (Bahri) announced that it had received on Tuesday, 4th December 2012 in Korea a new chemical tanker named ‘NCC SAMA’ from SHINAsb (previously SLS) of South Korea, as part of nine ves

about 14 years ago
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