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Business & Finance

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Fossil EnergyEquipment
USA: ZADCO Shifts from Offshore Rig to Artificial Island
Business & Finance

USA: ZADCO Shifts from Offshore Rig to Artificial Island

Abu Dhabi’s Zakum Development Company (ZADCO) is working at full stretch on the enormous expansion of drilling and production to achieve … [mappress] Source: Arabianbusiness, December 28, 2010;

about 16 years ago
UAE: MIS and Kavin Engineering Team Up to Expand into EPC/EPCM Market
Business & Finance

UAE: MIS and Kavin Engineering Team Up to Expand into EPC/EPCM Market

UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces the signing of a Memorandum of Understanding (MOU) with Kavin Engineering and Services Private Limited, India (Kavin) to form a long term strategic joint ventu

about 16 years ago
Israel: ATP Oil & Gas to Buy 30% Stake in Offshore Myra, Sarah Gas Fields
Business & Finance

Israel: ATP Oil & Gas to Buy 30% Stake in Offshore Myra, Sarah Gas Fields

Sources informed ”Globes” that ATP Oil & Gas Corporation has reached an initial agreement to acquire 30% of the offshore Myra and Sarah… [mappress] Source:Globes, December 27, 2010

about 16 years ago
Abu Dhabi to Launch Offshore Oil Field Development Tender in April
Business & Finance

Abu Dhabi to Launch Offshore Oil Field Development Tender in April

MEED reported that state run Abu Dhabi Marine Operating Company has invited international engineering & construction firms to express interest in the development of the offshore Satah al-Razboot field. Contractors were sent letters by Adma-Opco on 12 December, according to a source close to the proj

about 16 years ago
UAE: Lamprell Announces Directorate Change
Business & Finance

UAE: Lamprell Announces Directorate Change

Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewable energy industries, based in the United Arab Emirates (“UAE”), makes the following announcement: “Lamprell has been informed by Scott Doak (Chief Financial Officer) that he wishes to leave th

about 16 years ago
UAE: Four Oil & Gas Majors to Bid for Upper Zakum Field Development
Business & Finance

UAE: Four Oil & Gas Majors to Bid for Upper Zakum Field Development

MEED reported that artificial islands housing production facilities at Zakum oil field already under construction Abu Dhabi’s Zakum … [mappress] Source: Steel Guru, December 13, 2010; Image: Exxonmobil,

about 16 years ago
Australia: Polarcus Teams Up With Searcher Seismic Pty
Business & Finance

Australia: Polarcus Teams Up With Searcher Seismic Pty

Polarcus Limited announces the signing today of a multi-client cooperation agreement with Searcher Seismic Pty. Ltd., to jointly develop and license marine 3D multi-client acquisition projects across Australia and Indonesia. The exclusive agreement is intended to see the development of highly funded

about 16 years ago
Indonesia: Drydocks World Begins Construction of Leading Edge US$110 million Compact Semi-Submersible Vessel
Business & Finance

Indonesia: Drydocks World Begins Construction of Leading Edge US$110 million Compact Semi-Submersible Vessel

Drydocks World recently held a keel laying ceremony for a state-of-the-art Compact Semi-Submersible (CSS) vessel. „The Derwent‟ is being built for integrated energy services provider Hallin Marine Subsea International Ltd, a Superior Energy Services company, at Drydocks World‟s Nanindah shipyard at

about 16 years ago
EnerMech Invest in New HQ, Middle East and Singapore Bases
Business & Finance

EnerMech Invest in New HQ, Middle East and Singapore Bases

Mechanical engineering specialist, EnerMech, has backed up its ambition to develop a global business with the £4 million purchase of its headquarters building in Aberdeen. In addition to the purchase of the previously leased property, a £400,000 refurbishment programme is underway, which includes pl

about 16 years ago
His Highness the Emir Inaugurates New World-Class Shipyard in Qatar
Business & Finance

His Highness the Emir Inaugurates New World-Class Shipyard in Qatar

Nakilat-Keppel Offshore & Marine (N-KOM), Qatar’s premier offshore and marine facility jointly developed by Keppel Offshore & Marine Limited (Keppel O&M) and Qatar Gas Transport Company Ltd (Nakilat), was launched by the Emir of Qatar, His Highness Sheikh Hamad bin Khalifa Al Thani, and Singapore’s

about 16 years ago
UAE: Drydocks World Delivers Jack-up Platform Swift 10
Business & Finance

UAE: Drydocks World Delivers Jack-up Platform Swift 10

Drydocks World has announced the delivery of Jack-up platform Swift 10 to Swift Drilling BV. Swift Drilling BV is a joint venture between Cofely Oil & Gas BV and Jack-Up Barge BV. The contract was valued at AED 89.3833 million. The specialized jack up platform was built at Drydocks World’s yard in N

about 16 years ago
Mermaid In Key Venture to Provide Diving & Marine Services to Offshore O&G Industry in Saudi Arabia
Business & Finance

Mermaid In Key Venture to Provide Diving & Marine Services to Offshore O&G Industry in Saudi Arabia

Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has entered a joint venture agreement with General Technologies & Systems Co. Ltd. (“Gentas”), a subsidiary of Shoaibi Group and Saudi Trading & Research Co., Ltd. (“Starc”), to form Subtech Saudi Arabia

about 16 years ago
UAE: Polarcus Extends Vessel Backlog into Q2 2011
Business & Finance

UAE: Polarcus Extends Vessel Backlog into Q2 2011

Reference is made to the notice published by Polarcus Limited on 26 July 2010 regarding the receipt of a Letter of Intent from Gassnova SF for a second Carbon Capture and Storage (CCS) 3D comprising 323 square kilometers offshore Norway (the “Troll Kystnær 3D”), and the subsequent delay of this proj

about 16 years ago
UAE: RAK Petroleum Orders First Wave Piercer Vessel for Offshore Platform Service in Gulf
Business & Finance

UAE: RAK Petroleum Orders First Wave Piercer Vessel for Offshore Platform Service in Gulf

RAK Petroleum Public Company Limited has chartered the first Topaz Wave Piercer for use in the Gulf, the Company announced today. Designed by Incat Holdings Limited of Australia and built by Topaz Marine based in Dubai, the long-term charter vessel will be used for production crews commuting to and

about 16 years ago
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