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Business & Finance

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Iran Spuds First Well at South Pars Phases 22-24
Business & Finance

Iran Spuds First Well at South Pars Phases 22-24

Iran has started drilling the first development well at South Pars gas field’s phases 22-24. The Sina drilling rig, the same rig that drilled the phases’ first exploratory well, is drilling the development well, the IRNA News Agency reported. The first exploratory well of phases 22-24 of the South P

about 14 years ago
Dana Gas Inks Agreements for Development of Offshore Gas Field in UAE
Business & Finance

Dana Gas Inks Agreements for Development of Offshore Gas Field in UAE

Dana Gas the Middle East’s first and largest regional and private-sector natural gas company has signed a set of agreements with the Sharjah and Ajman Governments to jointly develop the shared field located around 40 kilometers off the two coasts. These included a unitization agreement for managemen

about 14 years ago
Kuwait Invests Big to Capitalise on Its Commercial Potential
Business & Finance

Kuwait Invests Big to Capitalise on Its Commercial Potential

A recent World Bank report ranked Kuwait in 36th place out of 155 countries in terms of the movement of goods and services through its ports, but traffic congestion at existing locations has prompted significant investment into new facilities in order to capitalise on commercial potential and secure

about 14 years ago
Kuwait Invests Large in Bid for Northern Gulf Gateway
Business & Finance

Kuwait Invests Large in Bid for Northern Gulf Gateway

A recent World Bank report ranked Kuwait in 36th place out of 155 countries in terms of the movement of goods and services through its ports, but traffic congestion at existing locations has prompted significant investment into new facilities in order to capitalise on commercial potential and secure

about 14 years ago
UAE: Drydocks World, Samos Steamship Hold Discussions on Future Cooperation
Business & Finance

UAE: Drydocks World, Samos Steamship Hold Discussions on Future Cooperation

Drydocks World, one of the leading maritime service providers had extensive discussions with top management personnel of Samos Steamship, a well-established ship managing company based in Greece with a tradition in sea transportation since 1875. A high-level team led by Nicholas G. Inglessis Preside

about 14 years ago
Dubai Maritime Week Kicks Off on November 25
Business & Finance

Dubai Maritime Week Kicks Off on November 25

Dubai Maritime City Authority (DMCA) has announced today at a press conference, the official launch of the inaugural Dubai Maritime Week that will run from November 25 to 30, 2012 in Dubai, gathering high-profile government officials, industry professionals, experts, operators and ship owners in the

about 14 years ago
Ashtead Technology Appoints Middle East Agent
Business & Finance

Ashtead Technology Appoints Middle East Agent

Leading international subsea equipment solutions specialist Ashtead Technology Offshore today announced that it has appointed an agent in the Middle East to support its continuing global expansion. The Aberdeen-headquartered company has completed an agreement with Abu Dhabi-based Technical Equipment

about 14 years ago
Ashtead Technology Continues Global Expansion, Appoints Middle East Agent
Business & Finance

Ashtead Technology Continues Global Expansion, Appoints Middle East Agent

Leading international subsea equipment solutions specialist Ashtead Technology Offshore today announced that it has appointed an agent in the Middle East to support its continuing global expansion. The Aberdeen-headquartered company has completed an agreement with Abu Dhabi-based Technical Equipment

about 14 years ago
GDI to Provide Lift Boat Services to Dolphin Energy (UAE)
Business & Finance

GDI to Provide Lift Boat Services to Dolphin Energy (UAE)

Gulf Drilling International Limited (Q.S.C.) announced the signing of a contract valued at an estimated US$34 million to provide Lift Boat Services to Dolphin Energy Limited over a sixteen month period. The self propelled jack-up unit will provide accommodation, maintenance and platform support to D

about 14 years ago
Bahri Receives Award for Best Managed Shipping Company in Middle East
Business & Finance

Bahri Receives Award for Best Managed Shipping Company in Middle East

The National Shipping Company of Saudi Arabia (“Bahri”) announces that it has received, in November 2012, an award from Euromoney for the best managed company in the Middle East in the transport and shipping sector in 2012. Bahri was ranked first before all transport and shipping companies in the Mi

about 14 years ago
NDSQ Launches First Three Tugs for Milaha
Business & Finance

NDSQ Launches First Three Tugs for Milaha

The launch of the first three tug boats built at Erhama Bin Jaber Al Jalahma Shipyard, Qatar for Milaha and Qatar Petroleum ‘s Port of Mesaieed was celebrated today, Nov. 19th, with a naming ceremony at shipbuilder Nakilat Damen Shipyards Qatar (NDSQ). The three 18m-long tug boats are the first of a

about 14 years ago
LS Cable & System Wins Submarine Cable Job Offshore Qatar
Business & Finance

LS Cable & System Wins Submarine Cable Job Offshore Qatar

LS Cable & System (Chairman & CEO Christopher Koo) announced that the Letter of Award (LOA) has been received for the contract of submarine power cable project worth over $440 million (about KRW50 million) ordered by Qatar Petroleum. This project is to install two 100km-long circuits i.e. 200km of 1

about 14 years ago
Spectrum Starts Phase II of Multi-Client 3D Survey Offshore Lebanon
Business & Finance

Spectrum Starts Phase II of Multi-Client 3D Survey Offshore Lebanon

Spectrum announces the start of Phase II of its Multi-Client 3D survey in the Levantine Basin offshore Lebanon. The survey is carried out in cooperation with Fugro and the vessel will acquire the data by using 8 streamers. The survey is adjacent to Phase I and is to comprise 1,200 square kilometers.

about 14 years ago
HYPACK Launches HYPACK 2013 Software in UAE
Business & Finance

HYPACK Launches HYPACK 2013 Software in UAE

Unique System FZE, a Unique Maritime Group Company, which is one of the world’s leading integrated turnkey subsea and offshore solution provider, announces today the launch of HYPACK 2013 software in the HYPACK Training Workshop 2012. The workshop is organized by Unique System FZE and will be held f

about 14 years ago
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