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Business & Finance

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UAE: Dubai Maritime City Business Thrive in 2012
Business & Finance

UAE: Dubai Maritime City Business Thrive in 2012

Dubai Maritime City (DMC), the world class maritime cluster built to further maritime activity in the Middle East, saw an increase in business and commercial activity in 2012. The City’s Industrial Precinct has tailor-made solutions for maritime industrial, commercial and trading companies and offer

about 14 years ago
UAE: Keel Laying Ceremony for FNG’s New Aluminum Crew Boats
Business & Finance

UAE: Keel Laying Ceremony for FNG’s New Aluminum Crew Boats

Grandweld Shipyards has celebrated the keel laying of the two new 33.5m Aluminum Crew Boats for Fujairah National Group (FNG) on 12th July 2012. The keel laying ceremony was attended by FNG representatives HE.Sheik Ahmad (Son of Fujairah Ruler), Mr. Saif Al Salami, Mr. Sami Al-Baghdadi, Mr. Sanjeev

about 14 years ago
Finland Based Wartsila to Provide Main Engines for KOTC’s New Vessels
Business & Finance

Finland Based Wartsila to Provide Main Engines for KOTC’s New Vessels

Wärtsilä, the marine industry’s leading system integrator, will supply the main engines for a series of vessels being built for Kuwait Oil Tanker Co. (KOTC), a Subsidiary of Kuwait Petroleum Corporation. Four VLCCs (Very Large Crude Oil Carriers), one Aframax tanker and four medium-range tankers are

about 14 years ago
UANI Calls on Korean Register of Shipping to Stop Certifying Iranian Vessels
Business & Finance

UANI Calls on Korean Register of Shipping to Stop Certifying Iranian Vessels

On Wednesday, United Against Nuclear Iran (UANI) called on the Korean Register of Shipping (KR) to comply with new U.S. sanctions against the National Iranian Tanker Company (NITC), and stop certifying NITC ships and other Iranian vessels. Last week, the U.S. Treasury Department announced new sancti

about 14 years ago
UAE: Speedy Supports ZADCO’s UZ 750 Project at Abu Dhabi’s Upper Zakum Field
Business & Finance

UAE: Speedy Supports ZADCO’s UZ 750 Project at Abu Dhabi’s Upper Zakum Field

Speedy announces that, as subcontract partner to ESNAAD, the support services arm of Abu Dhabi National Oil Company (ADNOC), it has been awarded a long-term contract to provide logistics, asset management and equipment rental services to support Zakum Development Company’s (ZADCO) flagship UZ 750 Pr

about 14 years ago
SDE Seeks Shareholders (Israel)
Business & Finance

SDE Seeks Shareholders (Israel)

SDE Company negotiates the sale of control with a number of factors, including leading companies in the medical industry and in the automobile industry. The car industry market is saturated and the medical market is saturated as well. The competition between many companies in these fields created th

about 14 years ago
UAE: GL Certifies Vibration Monitoring Service Supplier Nico International
Business & Finance

UAE: GL Certifies Vibration Monitoring Service Supplier Nico International

Nico International has been certified by Germanischer Lloyd (GL) for offering vibration monitoring and diagnostics services applied to machinery onboard GL-classed vessels. Using a certified vibration monitoring service supplier allows shipping firms to streamline the documentation of the procedures

about 14 years ago
Turkmenistan: Dragon Oil Completes Initial Testing of Dzheitune (Lam) Development
Business & Finance

Turkmenistan: Dragon Oil Completes Initial Testing of Dzheitune (Lam) Development

Dragon Oil plc, an international oil and gas exploration, development and production company, announces the results of successful completion and initial testing for the Dzheitune (Lam) 28/174 development well and sidetrack of the Dzheitune (Lam) 13/144C. The Dzheitune (Lam) 28/174 well was completed

about 14 years ago
Iran: IOEC Receives Certificate to Construct Jack-up Drilling Rigs
Business & Finance

Iran: IOEC Receives Certificate to Construct Jack-up Drilling Rigs

IOEC becomes the first Iranian company to apply for building the infrastructure necessary to construct jack-up drilling rigs and gains property ownership rights and a certificate from GL, Germany. Announcing the above, Dr.Ali Taheri stated that with regard to the urgent need of such rigs in the coun

about 14 years ago
U.A.E: Gulmar Offshore Becomes Iremis and Strengthens Its Team
Business & Finance

U.A.E: Gulmar Offshore Becomes Iremis and Strengthens Its Team

Gulmar Offshore Limited, the international subsea contracting specialist, announced the transformation of its business under the Iremis brand with a strengthened Board and management team focused on becoming a leader in world class subsea IRM (inspection, repair and maintenance) services. As part of

about 14 years ago
USNS Rappahannock Fires After Vessel Ignores Warnings
Business & Finance

USNS Rappahannock Fires After Vessel Ignores Warnings

An embarked security team aboard a U.S. Navy vessel fired upon a small motor vessel after it disregarded warnings and rapidly approached the U.S. ship near Jebel Ali, United Arab Emirates yesterday. In accordance with Navy force protection procedures, the sailors on the USNS Rappahannock (T-AO 204)

about 14 years ago
UAE: Lamprell Builds Fourth Vessel for Seajacks
Business & Finance

UAE: Lamprell Builds Fourth Vessel for Seajacks

Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announces that it has received a new contract award from Seajacks 4 Limited (“Seajacks”). The Engineering, Procurement & Construction contract,which is valu

about 14 years ago
McDermott Bags Two Projects for Saudi Aramco
Business & Finance

McDermott Bags Two Projects for Saudi Aramco

McDermott International, Inc. announced today that one of its subsidiaries has been awarded two projects for Saudi Aramco in the Arabian Gulf in the Karan, Safaniya and Zuluf fields. The values of these contracts are included in McDermott’s second quarter 2012 backlog. The first project, Karan-45, c

about 14 years ago
McDermott Wins Two Projects for Saudi Aramco
Business & Finance

McDermott Wins Two Projects for Saudi Aramco

McDermott International, Inc. announced today that one of its subsidiaries has been awarded two projects for Saudi Aramco in the Arabian Gulf in the Karan, Safaniya and Zuluf fields. The values of these contracts are included in McDermott’s second quarter 2012 backlog. The first project, Karan-45, c

about 14 years ago
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