Rowan Companies, Inc., a major provider of international and domestic offshore contract drilling services with a leading position in high-specification jack-up rigs, announces that in the 4th quarter 2011 the company generated net income from continuing operations of $33.1 million or to $35.1 millio
Polarcus Limited, an UAE based seismic survey specialist, has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore NW Europe. The program will commence imminently and is expected to run for approximately 75 days. Polarcus is a pure play marine geophysi
Du reports that its undersea cable between Dubai and Oman has been repaired. The company official says: “We are happy to report that there was no impact on speed and internet browsing experience except for the first hour after the cable cut, prior to diverting traffic from the affected cables. We al
Hydratight has recently completed a challenging subsea bolting task that required the design and development of bespoke tensioners. The accuracy and efficiency of the project is largely down to the cooperation that took place between the Hydratight teams across international boundaries. The Hydratig
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
Beginning of 2012 VOSTA LMG and APT Global Marine Services LLC have signed an agreement for co-operation in the field of Dredger construction, manufacture of components and servicing of dredger vessels operating in the Middle East, North African (MENA) region. VOSTA LMG is a well experienced technic
Drydocks World’s new global strategy was developed to create additional and increased capacity and efficiencies in all its four important business segments which are; Repairs, Conversion, New building and Engineering. Accordingly, to keep in line with this strategy, it has entered into a Strategic A
Navig8 and Gulf Navigation announce that Gulf Navigation have agreed to enter the 2007 built VLCC “Gulf Sheba” into the VL8 Pool, managed by Navig8. In addition to the inclusion of the Gulf Sheba in the pool, Gulf Navigation will also participate in Chartering and Business Development activities inv
Following his posting as Commander of the UK Counter-Piracy Task Group, Captain Gerry Northwood, Royal Navy, has written in The Times newspaper about how concerted efforts are helping reduce attacks on merchant vessels. Captain Northwood writes: “Eleven pirates on board with automatic weapons and ro
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, today announced the launch of new operations in the Kingdom of Saudi Arabia. The move provides ISS with a significant presence in one of the largest industrial and project-orientated economies within the Middle East. I
Du issues an alert to its customers regarding the possible degradation of internet services as a result of an international submarine cable cut between Dubai and Oman. The cable cut may affect some Internet users who may witness degradation in internet speed as the company expects some slowness espe
ITF is inviting technology developers who are interested in showcasing their innovative solutions to the Middle East oil and gas market to join ITF’s bespoke ‘Technology Street’ at the high profile ADIPEC 2012 conference and exhibition. As the world’s largest producer of oil and gas; 51% (41%) of re
UAE-based Dragon Oil plc has strengthened of its Board of Directors with the appointment of Mr Thor Haugnaess as an additional Independent Non-executive Director to the Board of the Company. So as to facilitate his election under the Company’s Articles of Association, it is planned to co-opt Mr Haug
Grandweld Shipyards has completed delivery of ‘ARADAH’, a 55m dive and maintenance support vessel (DMSV), especially built for ADNOC. The new state- of- the- art DMSV is the first from its class to be built by Grandweld Shipyards and will serve as the flagship to ADNOC offshore fleet operating in th
