Aker Solutions has signed an agreement to acquire the well intervention technology business from X3M (pronounced “Extreme”) International. The acquisition will grow Aker Solutions’ well intervention technology and service portfolio worldwide as well as increase the company’s presence in the importan
The Sustainable Shipping Initiative (SSI), a coalition of global companies including Wärtsilä, and NGOs spanning across the sector, announced on October 31 the signing of a 30-year vision to secure the industry’s future, as well as the start of a joint work programme to deliver long-term sustainabil
The General Organisation of Sea Ports (GOP) signed a strategic Memorandum of Understanding (MoU) with the Ministry of Economy and Sustainable Development of Georgia for developing mutual co-operation to foster professional maritime training and international certification for seafarers in the Kingdo
Mr. Tony Douglas, CEO of Abu Dhabi Ports Company, presented to 150 attendees at the Deliotte Middle East Partners Meeting 2011. The event was held at the Intercontinental Hotel in Abu Dhabi, where Mr. Douglas was invited as the guest of honour, to present the latest developments of Kizad (Khalifa In
Wärtsilä, the marine industry’s leading solutions provider, has been awarded the contract to supply the engines and propulsion equipment for six new Ro-Ro container vessels being built for NSCSA, the National Shipping Company of Saudi Arabia. The ships are being built at the MIPO shipyard in South K
Abu Dhabi has reached a new milestone in its cruise tourism development with the arrival at Mina Zayed’s new temporary cruise terminal of the luxury MSC Lirica cruise ship – the first to home port in the UAE capital. The 59,000 ton MSC Lirica arrived on Saturday night from Genoa, Italy. The liner, h
Lamprell , a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, announced that Mr. Jonathan Cooper has been appointed to the Board of Directors of the Company as Chief Financial Officer with effect from 30t
Lamprell, a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, yesterday held the official inauguration ceremony for its main facility in Hamriyah Free Zone, Sharjah, UAE. The event, under the patronage of
Eni announces results for the third quarter and the nine months of 2011. Adjusted operating profit: €4.61 billion in the quarter (up 12%); €13.71 billion in the nine months (up 9%); Hydrocarbon production still affected by the Libyan disruptions: down by 13.6% inthe third quarter of 2011 to 1.47 mmb
Global marine terminal operator DP World today announced it is expanding Port Rashid cruise terminal facilities to continue its leading position as the largest cruise centre in the Middle East. Port Rashid sits at the heart of Dubai city. Its Dubai Cruise Terminal currently has capacity to serve two
BP Egypt on Monday announced the Salmon gas discovery in the North El Burg Offshore Concession, Nile Delta. Salmon is the third gas discovery BP has made in the concession following Satis-1 and Satis-3 Oligocene deep gas discoveries. Salmon, drilled by IEOC, the affiliate of ENI in Egypt, on behalf
For the second year in a row, Wilhelmsen Ships Service (WSS), was named Ships Agent of the year 2011 at last week’s Seatrade Middle East & Indian Subcontinent Awards (SMEISA), one of the industry’s most prestigious accolades. As one of the region’s most important events, more than 750 senior shippin
DP World’s global portfolio of container terminals has delivered another solid quarter handling gross volumes of 14.4 million TEU in the third quarter of 2011, 10% ahead of the third quarter last year. Gross volumes for the first nine months of the year were 40.6 million TEU or 11% ahead of the prio
Unique System FZE, a Unique Maritime Group company, has recently been awarded a $5.2m contract to supply a 12 MAN ABS Classed saturation system and 3 air diving systems for the Leighton Offshore diving project, based in the Middle East. Unique Maritime Group will provide their 12 MAN ABS Classed sat
