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Business & Finance

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Another Drilling Deadline Extension for Adira Energy (Israel)
Business & Finance

Another Drilling Deadline Extension for Adira Energy (Israel)

Adira Energy Ltd. has announced that the Ministry of Energy and Water of the State of Israel has granted an extension of the dates for the execution of a drilling contract and the spudding of the first well on the Samuel offshore license as indicated below: The date for the submission of the Environ

about 14 years ago
Swire Oilfield Services to Exhibit at Offshore Energy 2012 (The Netherlands)
Business & Finance

Swire Oilfield Services to Exhibit at Offshore Energy 2012 (The Netherlands)

Swire Oilfield Services has announced that will be exhibiting at this year’s Offshore Energy 2012 Exhibition and Conference (Stand No. 319). On Tuesday 23 and Wednesday 24 October 2012, the 5th edition of Offshore Energy Exhibition & Conference will take place at the Amsterdam RAI, The Netherlands.

about 14 years ago
Reliance Globalcom Connects Iraq to Its Undersea Cable
Business & Finance

Reliance Globalcom Connects Iraq to Its Undersea Cable

Reliance Globalcom, the leading global provider of managed network and communication services to Carriers, ISPs and Multinational enterprises, today announced the service launch of the Al-Faw Cable Landing Station (CLS) in Iraq, built in alliance with the Iraqi Telecommunications and Post Company (I

about 14 years ago
Polarcus in Board Restructuring (UAE)
Business & Finance

Polarcus in Board Restructuring (UAE)

Polarcus’ Board of Directors yesterday accepted the resignation of Carl-Peter Zickerman as a Director of the Company. With the previously announced delivery of the 3D seismic vessel, POLARCUS ADIRA, on 21 June 2012 marking the completion of the Company’s eight vessel building program, Polarcus has e

about 14 years ago
U.A.E: Polarcus’ Director Resigns
Business & Finance

U.A.E: Polarcus’ Director Resigns

Polarcus Limited announces that the Board of Directors has today accepted the resignation of Carl-Peter Zickerman as a Director of the Company. With the previously announced delivery of the 3D seismic vessel, POLARCUS ADIRA, on 21 June 2012 marking the completion of the Company’s eight vessel buildi

about 14 years ago
ATP Makes Gas Discovery in Levant Basin Offshore Israel
Business & Finance

ATP Makes Gas Discovery in Levant Basin Offshore Israel

ATP Oil & Gas Corporation today announced success at the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well, located in a water depth of 3,622 feet is being drilled with the Ensco 5006 rig. The Shimshon well encountered more than 62 feet (19 meters) of natural gas pay in the Bet

about 14 years ago
Seamec Secures Vessel Charter Deal in Arabian Gulf
Business & Finance

Seamec Secures Vessel Charter Deal in Arabian Gulf

Seamec Ltd, India’s leading provider of diving support services, has entered into a Charter Party with Integrated Subsea Engineering & Services L.L.C, Sharjah, U.A.E. Under the agreement,the vessel SEAMEC III will be deployed in the Arabian Gulf for a period of 30 days with option for extension. The

about 14 years ago
Port Rashid – New Permanent Home of QE2 (UAE)
Business & Finance

Port Rashid – New Permanent Home of QE2 (UAE)

Istithmar World, DP World and the QE2 management today announced the iconic QE2 is to have a permanent home at the heart of Port Rashid, the hub of cruising in the Middle East. The vessel will be moored next to the original cruise terminal at Port Rashid and converted into a 300 room luxury hotel, [

about 14 years ago
U.A.E: Dubai Petroleum Awards EPIC Contract to Technip
Business & Finance

U.A.E: Dubai Petroleum Awards EPIC Contract to Technip

Technip was awarded by Dubai Petroleum an engineering, procurement, installation and commissioning (EPIC) contract for the South West Fatah and Falah fields, located 90 kilometers offshore Dubai, United Arab Emirates, at a water depth up to 53 meters. The contract scope includes the replacement of a

about 14 years ago
Technip Wins Subsea Gig in UAE
Business & Finance

Technip Wins Subsea Gig in UAE

France-based oilfield services provider Technip was awarded by Dubai Petroleum an engineering, procurement, installation and commissioning (EPIC) contract for the South West Fatah and Falah fields, located 90 kilometers offshore Dubai, United Arab Emirates, at a water depth up to 53 meters. The cont

about 14 years ago
India Express Joins OCL’s Independent Container Feeder Network (Oman)
Business & Finance

India Express Joins OCL’s Independent Container Feeder Network (Oman)

Oman Container Lines Inc. (OCL) announced the most recent addition to their growing network of independent container feeder connections. The India Express (IEX) common feeder service will create a unique, direct link between Nhava Sheva, India and Salalah. Starting in July, the fixed-day weekly serv

about 14 years ago
Bahri, Vela Plan USD 1.3 Billion Merger for Their Fleets and Operations (UAE)
Business & Finance

Bahri, Vela Plan USD 1.3 Billion Merger for Their Fleets and Operations (UAE)

The National Shipping Company of Saudi Arabia (Bahri) and Saudi Aramco signed yesterday (June 27th , 2012) a non-binding memorandum of understanding (MOU) to pursue the merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly owned subsidiary of Saudi Aramco. The pro

about 14 years ago
MV Stolt Valor Takes Refuge in Bahrain’s Waters
Business & Finance

MV Stolt Valor Takes Refuge in Bahrain’s Waters

The General Organisation of Sea Ports (GOP) announced yesterday that the Liberian vessel (MV “Stolt Valor”) has been granted permission to take refuge in Bahrain’s waters. The operation to move the tanker to the Arab Shipbuilding and Repair Yard (ASRY) began early Tuesday morning, where the ASRY tea

about 14 years ago
UAE Hosts 2nd Counter-Piracy Summit
Business & Finance

UAE Hosts 2nd Counter-Piracy Summit

The human and economic cost of maritime piracy and exploring ways to enhance the effectiveness of a regional responses are the focus of the 2nd high-level, public-private UAE Counter-Piracy Conference, co-convened by the UAE Ministry of Foreign Affairs and global marine terminal operator DP World, t

about 14 years ago
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