First Ultra Deepwater Drillship Delivered to Maersk Maersk Drilling has taken delivery of its first ultra deepwater drillship, Maersk Viking, from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk Viking has started its voyage to the US Gulf of Mexico where it will commenc
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The World Bank (WB) has praised consultancy services of NESPAK upon successful completion of Al-Khawbah Fishery Port Project in Yemen. The project is located at one of the most remote areas of Al-Hodeidah Governorate in Yemen. The project comprised site preparation and demolition works, construction
Qatar Navigation (Milaha) posted operating revenues of QR 2.24 billion in 2013 compared with QR 2.29 billion for the same period in 2012, a decrease of 2% year on year. Highlights: Operating Profit of QR 647million vs. QR 562 million for the same period in 2012, an increase of 15% year over year. Ne
Yemen LNG plans to shut Train 1 at the Balhaf liquefaction plant in September for 10 days for maintenance. “Yemen LNG confirms that a planned shutdown of one Train (Train 1) is scheduled for September 2014 for maintenance,” the company said on Tuesday, Reuters informs. The Yemen LNG project, which c
Qatargas’ Jetty Boil-off Gas Recovery (JBOG) Project recently achieved a milestone by working 20 million man hours without a single lost time incident. The project has the added distinction of achieving zero lost time incidents spread over three years. Qatargas, which produces 42 million tonnes of L
Nakilat of Qatar, world’s biggest LNG shipper, said its net profit in the fourth quarter was 176.5 million Qatar riyals ($48.5 million), down 13 percent compared to the same period a year ago. The company posted a net profit of QR 729 million in 2013 versus QR 765.5 million in 2012, and the earnings
His Excellency Sultan Ahmed Bin Sulayem, DP World Chairman, today met with His Excellency Francisco Rivadeneira, Ecuadorian Minister of International Trade, and his accompanying high-level delegation. His Excellency was also welcomed by DP World Group CEO Mohammed Sharaf and other senior DP World of
Russian Energy Minister Alexander Novak says his country is in talks with Iran for increasing energy cooperation with a view to raising trade exchanges. “Last year, the 10th session of the intergovernmental commission was held in Moscow. The parties discussed different variants to increase trade tur
On Friday, 21 February 2014, NATO warship HNLMS EVERTSEN rescued 8 Yemeni seamen who were found in the water in the Gulf of Aden. Earlier that morning, an automated distress call was received by the UK Coast Guards in Falmouth, United Kingdom, indicating that a ship was in distress off the north-eas
Check out the most popular articles of the week, February 17-23, 2014.
Noble Energy said it has signed 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 Tamar field, offshor
Dana Gas said 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. This is the company’s first offshore block in Egypt, covering water depths from
Lamprell has completed construction on the jack-up drilling rig, “Qarnin”, and delivered it to Abu Dhabi’s National Drilling Company (‘NDC’).