Check out the most popular articles of the week, February 17-23, 2014.
Fendercare Marine Middle East recently hosted an official event to celebrate the opening of their new regional Head Office in Sharjah. The event was hosted at The Address, Dubai Mall before the invited guests – including customers, local dignitaries and staff from the Fendercare Marine global locati
CGG and Industrialization & Energy Services Company announced today that they have signed a Framework Agreement which strengthens and extends their historical and long-term partnership in the Middle-East. The new agreement provides a simplified, more focused structure to better address the growing i
Noble Energy, Inc. today announced the signing of a gas sales agreement between NBL Eastern Mediterranean Marketing Ltd., the Arab Potash Company , and the Jordan Bromine Company , both of which are located in Amman, Jordan. Under terms of the agreement, Noble Energy will supply natural gas from the
Aqualis Offshore, marine and engineering consultancy, moves forward with its expansion in the Middle East by opening an office in Abu Dhabi. Only nine months have passed since Aqualis started operating in the Middle East, and they already have offices in Dubai, UAE; Dammam, Kingdom of Saudi Arabia;
Dana Gas, the Middle East’s leading regional private sector natural gas company, announced that it has signed an agreement for the North El Arish (Block 6) Concession Area, offshore the eastern Nile Delta. The 2,980 sq. km block was awarded in April 2013 as part of a competitive bidding process. Thi
The 4th Doha International Maritime Defence Exhibition (DIMDEX 2014), which is under the patronage of His Highness the Emir Sheikh Tamim Bin Hamad Al-Thani, announces that Qatar Petroleum (QP) has signed an agreement to be a gold sponsor of the event. Brig. Dr. (Eng) Thani A. Al-Kuwari, Assistant Mi
Lamprell has completed construction on the jack-up drilling rig, “Qarnin”, and delivered it to Abu Dhabi’s National Drilling Company (‘NDC’).
Gulf Marine Services PLC today announced its intention to proceed with an initial public offering. GMS intends to apply for admission of its ordinary shares to the premium segment of the Official List of the UK Listing Authority and to trading on the main market of the London Stock Exchange. The com
Read the most popular news of the week. New rigs, offshore support vessels, investment decisions, FLNG, Johan Sverdrup and more
Polarcus Limited announces the release of its fourth quarter and preliminary full year 2013 financial statements. Polarcus recorded an increase in EBITDA margin to 41% with low utilization being offset by lower costs in 4Q 2014. Reduced finance costs due to less debt and reduced interest rates furth
Abu Dhabi Marine Operating Company (ADMA-OPCO) has awarded Technip a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) phases of the Zakum Oil Lines Replacement Project-Phase 1 (ZKOL). The ZKOL project serves ADMA-OPCO’s objective of r
Topaz Energy and Marine is expanding its West African operations by securing two PSV contracts worth $50 million. The UAE-based company did not disclose the identity of the client but said that the contracts will supply “one of the world’s leading international oil companies” with two 3, 300 DWT Pla
Drydocks World, the UAE-based provider of maritime and offshore services to the shipping, oil, gas and energy sectors, held its first joint workshop on January 21-22, 2014, which was organized following the recent signing of Letter of Intent (LOI) with Offshore Innovation Management Ltd., to build a
