Under the 15-year agreement, IEC is expected to purchase approximately 2.7 trillion cubic feet (Tcf) of natural gas as fuel to provide electricity to the state of Israel and retains, under certain conditions, an option to expand the agreement quantity to approximately 3.5 Tcf.
Halul Offshore Services Company, a wholly owned subsidiary of Milaha (previously known as Qatar Navigation), has secured an eight year US$ 60 million (equivalent to QAR 220 million) ship financing facility with Sumitomo Mitsui Banking Corporation (SMBC). Proceeds from the facility will be utilized b
Halul Offshore Services Company, a wholly owned subsidiary of Milaha (previously known as Qatar Navigation), has secured an eight year US$ 60 million (equivalent to QAR 220 million) ship financing facility with Sumitomo Mitsui Banking Corporation (SMBC). Proceeds from the facility will be utilized b
Halul Offshore’s expansion strategy aims at improving the technical capabilities of its fleet and also expanding the fleet size to selectively expand its geographical presence
Hydratight’s experience and quality has won the company a major MORGRIP connector contract with government-run Israel Natural Gas Lines in Tel Aviv. In 2005, Hydratight was hired to help repair a subsea 30in main gas pipe which supplies the fuel to provide 25 per cent of the country’s electrical pow
Anadarko Petroleum Corporation today announced its 2012 capital program and guidance, and the highlights of its Investor Conference to be held on March 13, 2012. “Anadarko is off to a great start in 2012 as it continues to build upon the strong operational results of 2011, while positioning the comp
Dubai Maritime City, the world class centre for maritime activity in the Middle East region, announced today that it has signed a Land Lease (Mustaha) agreement for 25 years with ship repair and building entity, Dubai Shipbuilding. The Agreement was signed by Sheikh Juma bin Thani bin Juma Al Maktou
Dubai Maritime City, the world class centre for maritime activity in the Middle East region, announced today that it has signed a Land Lease (Mustaha) agreement for 25 years with ship repair and building entity, Dubai Shipbuilding. The Agreement was signed by Sheikh Juma bin Thani bin Juma Al Maktou
The General Organisation of Sea Ports (GOP) announced that the Kingdom of Bahrain has been selected as the venue for the World Maritime Day Parallel Event 2012 by the International Maritime Organisation (IMO) Council. This high-profile event will focus on maritime-themed activities based on the 2012
Leighton Offshore announced that following the successful hydrostatic testing of the onshore and offshore pipeline systems and subsequent final commissioning of the offshore export facility, crude oil was now flowing to a single point mooring (SPM) installed under the $799m Iraq Crude Oil Export Exp
Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, has completed extensive preparations for its participation at the Dubai International Boat Show 2012, to be held at the Dubai International Marine Club, Mi
Leighton Offshore has announced that following the successful hydrostatic testing of the onshore and offshore pipeline systems and subsequent final commissioning of the offshore export facility, crude oil was now flowing to a single point mooring (SPM) installed under the $799m Iraq Crude Oil Export
Seadrill has signed a contract with Saudi Aramco for employment of the jack-up rig West Callisto offshore Saudi Arabia. The contract duration is a minimum of three years plus an option for a one year extension. The potential revenue for the three year period is approximately US$164 million plus a US
Leighton Offshore recently announced that following the successful hydrostatic testing of the onshore and offshore pipeline systems and subsequent final commissioning of the offshore export facility, crude oil was now flowing to a single point mooring (SPM) installed under the $799m Iraq Crude Oil E