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Business & Finance

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Aselsan Introduces Underwater Sonar System ‘Kulac’ (Turkey)
Business & Finance

Aselsan Introduces Underwater Sonar System ‘Kulac’ (Turkey)

Turkish defense industry company, Aselsan, has manufactured Turkey’s first domestic sonar system… (worldbulletin) [mappress] Source: worldbulletin, June 02, 2011;

about 15 years ago
UAE: Polarcus Receives LOI for 4D Sesimic Survey
Business & Finance

UAE: Polarcus Receives LOI for 4D Sesimic Survey

Polarcus Limited recently announced that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q3 2011 and is expected to run for approximately 35 days. Polarcus

about 15 years ago
VOSTA LMG Signs Contract for Two CSD’s 500 with Jordan Modern Industries
Business & Finance

VOSTA LMG Signs Contract for Two CSD’s 500 with Jordan Modern Industries

The key laying of two CSD’s 500 will take place on Thursday June 2 in Sharjah (UAE). VOSTA LMG signed a contract with Jordan Modern Industries (JMI) for supply of two CSD’s 500 in March 2011. The two dredgers will be built at APT Global Marine services LCC, and will be used by the […]

about 15 years ago
VOSTA LMG Signs Contract for Two CSD’s 500 with Jordan Modern Industries
Business & Finance

VOSTA LMG Signs Contract for Two CSD’s 500 with Jordan Modern Industries

The key laying of two CSD’s 500 will take place on Thursday June 2 in Sharjah (UAE). VOSTA LMG signed a contract with Jordan Modern Industries (JMI) for supply of two CSD’s 500 in March 2011. The two dredgers will be built at APT Global Marine services LCC, and will be used by the […]

about 15 years ago
Polarcus Receives Letter of Intent for 3D Marine Seismic Acquisition (U.A.E)
Business & Finance

Polarcus Receives Letter of Intent for 3D Marine Seismic Acquisition (U.A.E)

Polarcus Limited announces that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q3 2011 and is expected to run for approximately 35 days. About Polarcus Po

about 15 years ago
UAE: Polarcus Receives LOI for 4D Sesimic Survey
Business & Finance

UAE: Polarcus Receives LOI for 4D Sesimic Survey

Polarcus Limited recently announced that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q3 2011 and is expected to run for approximately 35 days. Polarcus

about 15 years ago
Iran Plans USD 150 Billion Investment in its Upstream Sector
Business & Finance

Iran Plans USD 150 Billion Investment in its Upstream Sector

Iran plans to invest $150 billion in its upstream oil and gas sector during the Fifth Five Year Development Plan, deputy minister of petroleum for planning and supervision on hydrocarbon resources, Mohsen Khojastemehr announced here. The investment in the upstream oil and gas sector will bring $179

about 15 years ago
USA: Ensco Finalizes Acquisition of Pride International
Business & Finance

USA: Ensco Finalizes Acquisition of Pride International

Ensco announced the completion of its acquisition of Pride International, Inc. after both companies received overwhelming shareholder approvals at special meetings held earlier today. The combination establishes Ensco as the world’s second largest offshore drilling company, Ensco said. Under the ter

about 15 years ago
Saudi Arabia: UASC Takes Loan of USD 205 million to Finance Acquisition of Two Vessels
Business & Finance

Saudi Arabia: UASC Takes Loan of USD 205 million to Finance Acquisition of Two Vessels

United Arab Shipping Company (UASC) announced the conclusion of a $205 million term loan facility with Société Générale Corporate & Investment Banking (SG CIB), acting as Mandated Lead Arranger, and KSURE Agent, on a French Tax structure to finance the acquisition of two A13 (13,100 TEU) vessels out

about 15 years ago
The Netherlands: Visitor and Conference Registration for Offshore Energy 2011 Opens June 1
Business & Finance

The Netherlands: Visitor and Conference Registration for Offshore Energy 2011 Opens June 1

From 1 June onwards, registration for Offshore Energy 2011 is open. The fourth edition of this two-day, international offshore event is organized in the Amsterdam RAI, at 11 and 12 October 2011. Visiting the exhibition is free of charge; conference delegates pay a conference fee. The 4th edition of

about 15 years ago
The Netherlands: Visitor and Conference Registration for Offshore Energy 2011 Opens June 1
Business & Finance

The Netherlands: Visitor and Conference Registration for Offshore Energy 2011 Opens June 1

From 1 June onwards, registration for Offshore Energy 2011 is open. The fourth edition of this two-day, international offshore event is organized in the Amsterdam RAI, at 11 and 12 October 2011. Visiting the exhibition is free of charge; conference delegates pay a conference fee. The 4th edition of

about 15 years ago
Iran: IOEC Starts Pipe-Laying at South Pars Phase 16
Business & Finance

Iran: IOEC Starts Pipe-Laying at South Pars Phase 16

The Iranian Offshore Engineering and Construction Company has started Pipe-laying operations for South Pars phase 16, the project manager for SP phase 15 and 16, Abbas Haji Ghasemi announced. He went on to say that, 6 barges are responsible for the loading operation of the pipes for which one has al

about 15 years ago
IOEC Begins Pipe-Laying Operation for South Pars (Iran)
Business & Finance

IOEC Begins Pipe-Laying Operation for South Pars (Iran)

According to the Public Relations Department of IOEC, the company has started pipe-laying operation for South Pars (SP) project phase 16 on 17 May, 2011. The Project Manager for SP phase 15&16, Abass Haj Ghasemi said that 6 barges are responsible for the loading operation of the pipes for which one

about 15 years ago
Alliance Engineering to Design Topsides for Noble Energys Tamar Platform Project, Israel
Business & Finance

Alliance Engineering to Design Topsides for Noble Energys Tamar Platform Project, Israel

Wood Group’s Alliance Engineering has been awarded a contract to provide detailed engineering and design services for the Tamar Platform Project, including topsides facilities and deck structure, to be located offshore Israel. The Tamar natural gas field will be operated by Noble Energy and is locat

about 15 years ago
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