Seadrill has entered into an agreement to sell the 1985 built jack-up drilling rig West Janus to Harrington LLC in Dubai for a total consideration of US$73 million. Seadrill expects to record a gain on the sale in excess of US$50 million on closing. Closing of the agreement and the transfer of owner
The National Shipping Company of Saudi Arabia announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Wednesday, 15th June 2011 in Korea a new chemical tanker named NCC AMAL with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as par
Saipem has been awarded new offshore and onshore drilling contracts worth $ 600 million. Saipem has been awarded the contract by Eni to extend the charter of the Saipem 10000 drillship for the duration of 24 months, starting from August 2012. Saipem 10000 is an ultra deepwater drillship, capable of
Damen Dredging Equipment has delivered 4 cutter suction dredgers to the Iraqi Ministry of Water Resources. The Ministry, who already had several Damen dredgers in their fleet, will use the dredgers for maintenance dredging on the rivers and throughout the central plains. The 4 cutter suction dredger
Shoaibi Group, the commercial, technical and market experts in Saudi Arabia’s oil and gas industry have signed an exclusive distribution… (ameinfo) [mappress] Source: ameinfo, June 16 , 2011;
The Higher Colleges of Technology (HCT) will collaborate with the UK’s largest provider of maritime higher education, the University of Plymouth, to develop and offer new programs in the field of maritime sciences, under the terms of a new Memorandum of Understanding. The agreement was signed yester
Noble Energy Inc. has applied to the Ministry of National Infrastructures for a permit to bring a fourth offshore drilling rig to Israel … By Amiram Barkat (Globes) [mappress] Source:Globes , June 15, 2011;
The first batch of oil industry’s foreign exchange bonds for current Iraniancalendar year (started March 21), worth 2.7 billion euros, will be offered next week through branches of three domestic banks, managing directorof the National Iranian Oil Company (NIOC), Mr. Qalebaniannounced here on Tuesda
ATP Oil & Gas Corporation and its wholly-owned subsidiary ATP East Med B.V.have acquired the Shimshon, Daniel East and Daniel West licenses in offshore Israel and the Israeli government has approved these licenses. Based on the acquired licenses, ATP through ATP East Med anticipates spending between
Qatar Petroleum and Shell today announced that the Pearl gas-to-liquids (GTL) plant, located in Ras Laffan Industrial City in the State of Qatar, has sold its first commercial shipment of GTL Gasoil. The sale marks the start of production of GTL products when the State of Qatar and Shell, the operat
A specially-designed 55,000m² ‘Destination Village’ is being built on the Abu Dhabi Corniche breakwater to host the Volvo Ocean Race yachting fleet and its many thousands of fans expected to descend on the UAE capital when the city welcomes the flotilla this New Year. Plans for the ‘Destination Vill
On 7 June 2011 the UMM SALAL, the biggest containership to date belonging to United Arab Shipping Company (UASC), tied up in the Port of Hamburg on her maiden voyage. The giant container ship, with a capacity of 13,100 TEU (20 foot standard containers) was handled at Eurogate Container Terminal Hamb
Technical seminar on subsea Positioning Solutions in Abu Dhabi on June 20th. iXBlue will hold a technical seminar on subsea positioning solutions on June 20th in Abu Dhabi Golf Club. The seminars will be structured to facilitate an understanding of innovative subsea positioning solutions through pre
Atlantis, The Palm, is planning to create 25 to 30 artificial reefs from recycled plastic to help habitat and protect local marine life and… (emirates247) [mappress] Source: emirates247,June 09, 2011;
