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Business & Finance

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EnerMech Supplies Valves for McDermott’s Project Offshore Saudi Arabia
Business & Finance

EnerMech Supplies Valves for McDermott’s Project Offshore Saudi Arabia

Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). Khafji Ratawi Water Injection Facilities project includes engineering, procurement, fabrication and ins

about 14 years ago
UAE: Jebel Ali Port Wins Shipping Port of the Year Award
Business & Finance

UAE: Jebel Ali Port Wins Shipping Port of the Year Award

The outstanding leadership of DP World’s flagship Jebel Ali Port has been recognised with the winning of the prestigious Shipping Port of the Year Award at the annual Supply Chain and Transport Awards (SCATA) 2012 . The award, Jebel Ali’s fourth in six years, was received on behalf of DP World by Mo

about 14 years ago
Oman: Salalah Port Expansion Plans Announced
Business & Finance

Oman: Salalah Port Expansion Plans Announced

Oman’s Ministry of Transport and Communications has awarded a commercial bid representing investment of OMR 55 million ($143 million USD) to more than double the Port of Salalah’s general cargo handling capacity. The project will increase dry bulk cargo handling capacity to 20 million tons and liqui

about 14 years ago
U.A.E: UMG Delivers Two Echoscope 3D Sonars to DI-MEDCO
Business & Finance

U.A.E: UMG Delivers Two Echoscope 3D Sonars to DI-MEDCO

Unique Maritime Group of UAE, announce that they have recently delivered two Echoscope 3D Sonars to DI-MEDCO, a joint venture between Dredging International and Middle East Dredging Company for the planned shore protection and harbour construction works of two artificial islands. The Echoscope®, pro

about 14 years ago
UK’s Cathelco Protects FPSO Xikomba from Corrosion
Business & Finance

UK’s Cathelco Protects FPSO Xikomba from Corrosion

For a decade, Cathelco ICCP equipment has successfully protected the hull of the FPSO Xikomba against corrosion, a vessel which was originally built as a VLCC in 1974. Now as FPSO prepares to embark on the next phase of its operational life, Cathelco are renewing the impressed current cathodic prote

about 14 years ago
OTC 2012: US-UAE Bilateral Trade Relationship ‘Outstanding’
Business & Finance

OTC 2012: US-UAE Bilateral Trade Relationship ‘Outstanding’

The role of the UAE’s energy sector, particularly ADNOC Group, in furthering the US-UAE bilateral trade relationship was underscored at a reception in honor of visiting delegations in Houston, Texas for the 2012 Offshore Technology Conference (OTC 2012). The reception, hosted by the Bilateral US-Ara

about 14 years ago
Israel: Noble Energy Breaks Levant Basin Depth Record. Stops Drilling
Business & Finance

Israel: Noble Energy Breaks Levant Basin Depth Record. Stops Drilling

Noble Energy, Inc. yesterday announced that the Leviathan deep well offshore Israel has reached a depth of approximately 21,400 feet, the deepest known penetration in the Levant Basin. High well pressure and the mechanical limits of the wellbore design resulted in the suspension of drilling operatio

about 14 years ago
UAE: Drydocks World, BIG InvestConsult Sign MoU for Hotel Project
Business & Finance

UAE: Drydocks World, BIG InvestConsult Sign MoU for Hotel Project

Drydocks World, the established international player in ship repair, conversion and new building, signed an MoU with BIG InvestConsult AG, a Swiss company, operating in the area of innovative technologies transfer, as well as investment projects, brokerage and finance. The MoU was signed during the

about 14 years ago
LUKOIL and Saipem Continue Construction of Subsea Pipelines in Caspian Sea
Business & Finance

LUKOIL and Saipem Continue Construction of Subsea Pipelines in Caspian Sea

OOO LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) signed a contract to construct subsea pipelines to transport oil and gas from the Northern Caspian fields. The contract calls for the laying of two pipelines on the seabed to connect the riser block located at the

about 14 years ago
UAE: Lamprell Gets USD 227 Million Jackup Rig Contract
Business & Finance

UAE: Lamprell Gets USD 227 Million Jackup Rig Contract

Lamprell, a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, announced that it has received a US$ 227 million new contract award from an international drilling contractor for the construction of a jackup

about 14 years ago
UAE: Lamprell Receives USD 227 mln Jack-Up Rig Order
Business & Finance

UAE: Lamprell Receives USD 227 mln Jack-Up Rig Order

Lamprell, a UAE based provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas industry has received a US$ 227 million new contract award from an international drilling contractor for the construction of a jackup rig. The contract is for the con

about 14 years ago
Jordan: ACT, ADC Seek to Promote Aqaba Port
Business & Finance

Jordan: ACT, ADC Seek to Promote Aqaba Port

Saudi Arabia and Iraq are emerging as major new markets for Jordan’s Red Sea port, which saw overall volume growth of 16.5% and transit cargo growth of 63% in 2011. A delegation from the Aqaba Container Terminal (ACT) in conjunction with the Aqaba Development Corporation (ADC), representing Jordan’s

about 14 years ago
ATP Spins Drill Bit at Shimshon Well Offshore Israel
Business & Finance

ATP Spins Drill Bit at Shimshon Well Offshore Israel

ATP Oil & Gas Corporation (NASDAQ:ATPG) and its wholly-owned subsidiary ATP East Med B.V. have initiated drilling at the Shimshon well in the Levant Basin of offshore Israel with the Ensco 5006 drilling unit. The Shimshon well is in a water depth of 3,622 feet with a target depth of 14,764 feet. Aft

about 14 years ago
Oman Container Lines Expands Its Container Vessel Fleet
Business & Finance

Oman Container Lines Expands Its Container Vessel Fleet

Due to a significantly increasing interest from a number of new customers, Oman Container Lines announced the introductionof MV ALTONIA on its Gulf Express feeder service running between the Port of Salalah, Oman and Jebel Ali, U.A.E. The vessel’s maiden call on the service will be on the 29th April

about 14 years ago
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