Pakistani Minister of Petroleum and Natural Resources‚ Shahid Khaqan Abbasi has said the government would complete Iran-Pakistan gas project to meet growing energy needs of the country. He stated that the Iran-Pakistan gas pipeline is vital to meet burgeoning energy needs of Islamabad, especially as
Drydocks World, one of the most renowned and prolific maritime service providers to the shipping, oil, gas and energy sectors announced an Overall Customer Satisfaction Rating of 96 percent received from their clients. The satisfaction questionnaire covers 29 distinct areas including Health, Safety
Drewry’s Annual Review of Global Container Terminals Operators shows that PSA International, Hutchison Ports, APM Terminals and DP World remain the big four players in equity teu and portfolio terms but with varying levels of activity– DP World and APM Terminals are highly active in terms of acquisi
Iran and Oman signed a memorandum of understanding (MoU) on gas export. The MoU was signed by Iranian minister of petroleum Bijan Namdar Zanganeh and his Omani counterpart Mohammed bin Hamad Al Rumhy. Under the MoU, both sides agreed to start construction of a gas pipeline in the near future, Iran’s
The “fourth pillar” of maritime regulation – the Maritime Labour Convention (MLC) – is now in place and along with high hopes for trouble-free implementation, will be soon making its mark. Will it really make a difference? It is worth noting the level of consensus between the parties, which worked h
Iranian minister of petroleum Bijan Namdar Zanganeh and his Omani counterpart Mohammed bin Hamad Al Rumhy held talks on Iran’s gas export to the neighboring country. The meeting took place on Sunday evening in Saad Abad Palace here on the sidelines of a three day official visit to Iran by Oman ruler
Construction of EMAL’s Phase II expansion is more than 70% complete and on schedule to meet its December 2013 deadline. Cooperation with Abu Dhabi Ports Company (ADPC) is helping to ensure that the expansion of Emirates Aluminium (EMAL) into one of the world’s largest single-site aluminium smelters
Israel’s Delek Drilling announced the talks with Egypt for gas sales from Tamar and Leviathan fields in a notice to the Tel Aviv Stock Exchange on Friday. Delek Drilling confirmed energy companies that operate Egypt’s two liquefied natural gas (LNG) plants were engaged in the talks, Israel’s busines
Iranian minister of petroleum Bijan Zanganeh announced that Petroleum Ministry had concentrated its efforts on completion of phases 12, 15, 16, 17 and 18 in the South Pars gas field which are able to yield 200 million cubic meters of gas and 300 thousand barrels of gas condensate per day. During his
MV Maersk Mc-Kinney Moller Arrived in Rotterdam The world’s largest containership, MV Maersk Mc-Kinney Moller, arrived in Rotterdam on Friday 16th August 2013, on her maiden voyage from Asia to Europe. The nautical service providers and KOTUG’s RT Champion welcomed the vessel. Massive New Gates for
Pakistan is looking at the possibility of extending gas pipeline to China as part of a planned economic corridor. Pakistani and Chinese officials will discuss the laying of the gas pipeline from Gwadar to western China in a meeting, Iran’s SHANA news agency reported. They will also take up a proposa
Top News of The Week August 19 – 24, 2013
Yemen has demanded that South Korea pays market prices for its LNG by the end of the year, stated the Yemeni state news agency. Yemeni Prime Minister Mohamed Salem Basindwa met with South Korea’s newly appointed ambassador to Yemen, Lee Young-ho, and told him that Yemen had lost hundreds of million
The subsea vessel operations market is poised to see an increase in demand in the near term with day rates for some vessels set to increase. Between 2013 and 2017, Douglas-Westwood (DW) forecast $106 billion (bn) of expenditure on subsea vessel operations – an increase of 54% over the preceding five
