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Business & Finance

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UAE: DP World Chairman Welcomes British Transport Minister to Jebel Ali Port
Business & Finance

UAE: DP World Chairman Welcomes British Transport Minister to Jebel Ali Port

HE Sultan Ahmed Bin Sulayem, Chairman, DP World, has welcomed visiting British Transport Minister, Mike Penning MP to DP World’s head office in Jebel Ali, Dubai. The two sides discussed DP World’s London Gateway project and the latest developments surrounding the new port and what is set to become E

about 15 years ago
Denmark: Clipper Partner Urges Shipowners to Join Forces in Piracy Battle
Business & Finance

Denmark: Clipper Partner Urges Shipowners to Join Forces in Piracy Battle

Clipper Group partner Per Gullestrup says the nationality of seafarers taken hostage in piracy attacks has had a marked impact on the international response to the crisis. Some 94% of crew members taken hostage so far by Somali pirates have come from developing countries, he adds. “I can guarantee t

about 15 years ago
Qatar: Samena Renews Emphasis on ICT to Drive Region’s Economic Growth
Business & Finance

Qatar: Samena Renews Emphasis on ICT to Drive Region’s Economic Growth

The South Asia, Middle East and North Africa (Samena) Telecommunications Council has appointed Gulf Bridge International (GBI) as the inaugural Subsea Working Group chair and the David Ross Group as the co-chair at this week’s conference: “The Role of ICT in Driving Economic Growth.” The working gro

about 15 years ago
UAE: Quest Integrity Group Inspects Offshore Pipeline in Middle East
Business & Finance

UAE: Quest Integrity Group Inspects Offshore Pipeline in Middle East

Quest Integrity Group , a leader in the delivery of advanced inspection and engineering assessment services and software products, announces the successful in-line inspection of an unpiggable offshore pipeline in the Middle East. Using its InVista™ ultrasonic in-line inspection tool, Quest Integrity

about 15 years ago
Turkey: Official Expects Introduction of Larger Vessels into Mediterranean Trades
Business & Finance

Turkey: Official Expects Introduction of Larger Vessels into Mediterranean Trades

Addressing the 4th Annual Med Freight Conference, APM Terminals Director of Port Investments for Europe and the Mediterranean, John Trenchard cited both long-term demographic trends and the expected introduction of larger vessels into regional Mediterranean trades as driving factors of port developm

about 15 years ago
UAE: Topaz Announces Refinancing Deal
Business & Finance

UAE: Topaz Announces Refinancing Deal

UAE-based Topaz Energy and Marine, a leading oilfield services multinational and subsidiary of Renaissance Services, has announced a US$ 380 million financing initiative, led by Standard Chartered Bank​ and DVB Bank. The initiative will involve both regional and international lenders in a refinancin

about 15 years ago
UAE: Topaz Enters USD 380 Million Refinancing Deal
Business & Finance

UAE: Topaz Enters USD 380 Million Refinancing Deal

UAE-based Topaz Energy and Marine, a leading oilfield services multinational and subsidiary of Renaissance Services, has announced a US$ 380 million financing initiative, led by Standard Chartered Bank and DVB Bank. The initiative will involve both regional and international lenders in a refinancing

about 15 years ago
UN Agencies Launch ‘The Blueprint for Ocean and Coastal Sustainability’ in Paris, France
Business & Finance

UN Agencies Launch ‘The Blueprint for Ocean and Coastal Sustainability’ in Paris, France

United Nations agencies in Paris ( 1 November 2011) launched a plan to improve the management of oceans and coastal areas. The Blueprint for Ocean and Coastal Sustainability sounds the alarm about the health of the oceans, and explains how they influence our everyday life by regulating the climate,

about 15 years ago
UAE: Polarcus 3Q Revenues 159 pct Up Year-on-Year
Business & Finance

UAE: Polarcus 3Q Revenues 159 pct Up Year-on-Year

Polarcus Limited announces the release of its third quarter 2011 financial statements. In the third quarter 2011 Polarcus continued to focus on growing the company’s seismic operations. The company successfully initiated its first two 3D multi-client projects, delivered a strong operational performa

about 15 years ago
Polarcus Announces Strong Growth in Third Quarter 2011 (U.A.E)
Business & Finance

Polarcus Announces Strong Growth in Third Quarter 2011 (U.A.E)

Polarcus Limited announces the release of its third quarter 2011 financial statements. In the third quarter 2011 Polarcus continued to focus on growing the company’s seismic operations. The company successfully initiated its first two 3D multi-client projects, delivered a strong operational performa

about 15 years ago
UK: IMO Secretary-General Urges States to Bring 2010 HNS Protocol into Force
Business & Finance

UK: IMO Secretary-General Urges States to Bring 2010 HNS Protocol into Force

IMO Secretary-General Efthimios E. Mitropoulos urged States to take steps to bring the 2010 Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 1996 (2010 HNS Convention) into force, after eight

about 15 years ago
AVEVA Sponsoring OT Summit in Abu Dhabi, UAE
Business & Finance

AVEVA Sponsoring OT Summit in Abu Dhabi, UAE

AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, today announced that it is sponsoring and presenting at the 5th Oil, Gas & Industrial ICT Summit (OT Summit) in 28-29 November, 2011, in Abu Dhabi, UAE. Mohamad Awad, Business Devel

about 15 years ago
Qatar: Barzan Gas Project Estimated Cost Hits USD 10.3 Billion
Business & Finance

Qatar: Barzan Gas Project Estimated Cost Hits USD 10.3 Billion

Qatar’s Barzan gas project to supply its booming domestic demand is now expected to cost $10.3 billion, Qatari energy minister Mohammed al-S… Source: Reuters [mappress] Source: Reuters, November 1, 2011

about 15 years ago
UAE: Lamprell Bags USD 200 Million Golden Eagle Construction Job
Business & Finance

UAE: Lamprell Bags USD 200 Million Golden Eagle Construction Job

Lamprell , a leading provider of specialist engineering services to the international oil and gas and renewables industry, announced this morning that it has been awarded two new construction contracts by Nexen Petroleum U.K. Limited in relation to the Golden Eagle Development in the UK North Sea, w

about 15 years ago
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