Milaha, previously known as Qatar Navigation, today announced that its fully-owned subsidiary, Qatar Shipping Company, has signed an agreement to increase its stake in two LNG carriers. Qatar Shipping Company, represented by Mr. K. K. Kothari, Chief Executive Officer of Qatar Shipping, and Dr. Salem
Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that it has delivered a REMUS 100 AUV to Saudi Arabia’s King Abdullah University of Science & Technology (KAUST). The REMUS AUV was procured by Naizak Global Engineering
As operators face the dual challenge of sustaining their production levels in mature regions and effectively exploiting the uncapped reserves in growth areas, such as, West Africa, US Gulf of Mexico and Brazil, the potential for subsea capital expenditure throughout the forecast period has increased
Pacific Fleet (PF) task unit headed by Capt 1 rank Ildar Akhmerov and comprising large ASW ship Admiral Tributs, tanker Pechenga, and seagoing tug MB-37 started escorting of the fourth commercial convoy within the framework of anti-piracy mission in the Gulf of Aden, PF spokesman Capt 1 rank Roman M
Oil and gas professionals focused on health and safety will gather in Dubai on Thursday February 9, 2012 for the inaugural Innovation in Oil and Gas Safety (IOGS) event, presented by Pipeline Magazine, one of the region’s leading oil and gas titles. Held at The Address Hotel, Dubai Marina, IOGS will
ATWOOD OCEANICS, INC., announced today that one of its subsidiaries has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon. The day rate for work offshore Israel will be $151,000, with contract commencement expec
Atwood Oceanics, an international offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells, has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon ind
Baker Hughes Incorporated announced today that the international rig count for January 2012 was 1,171, down 9 from the 1,180 counted in December 2011, and up 10 from the 1,161 counted in January 2011. The international offshore rig count for January 2012 was 307, up 8 from the 299 counted in Decembe
Co-operation by in-house teams across three international boundaries won Hydratight a significant order from a client in the Persian Gulf. The client contacted Hydratight’s UAE office about subsea bolting and flange-pulling equipment, but offered insufficient detail for an accurate quote to be made.
Aden Container Terminal (ACT), operated by global marine terminal operator DP World, has received and serviced the 8,441 TEU (twenty-foot equivalent unit) MSC Tomoko, the largest container vessel ever to call at the facility, located in Yemen’s premier port city. DP World Aden management mobilised a
Renaissance Services subsidiary Topaz Energy and Marine, a leading provider of offshore support vessels and engineering services, has been awarded a contract from GAC Group to provide completion services for two crew/cargo vessels. Topaz’s NicoCraft shipyard in Abu Dhabi has been awarded the contrac
Van Oord has been awarded the EPC contract for the installation of a Single Point Mooring (SPM) system in Fujairah, United Arab Emirates. The client is Fujairah Asia Power Company and the contract value amounts to approximately EUR 30 million. Work will start immediately and continue until the end o
Delek Group yesterday announced that Tanin #1 exploration well reached target and strong signs of natural gas were discovered, based on tests carried out during drilling by the Operator, Noble. The discovery well was drilled to a depth of 18,212 feet and encountered approximately 130 feet of gross n
Van Oord has been awarded the EPC contract for the installation of a Single Point Mooring (SPM) system in Fujairah, United Arab Emirates. The client is Fujairah Asia Power Company and the contract value amounts to approximately EUR 30 million. Work will start immediately and continue until the end o
