Drydocks World, the UAE-based group engaged in ship repair, conversion, new building, Rigs and offshore construction, announced the launch of its Drydocks World – Global Offshore Services arm at a special ceremony organised at Dubai Maritime City, the new business units located in Fujairah and Dubai
Delek Group and Noble Energy announced that on March 30 natural gas began to flow from the Tamar project, located offshore Israel. Percentage holdings in the Tamar Leases are as follows : Noble Energy Mediterranean Ltd. (36%), Isramco Negev 2 Limited Partnership (28.75% ), Avner Oil Exploration – Li
Qatargas has delivered its first ever cargo of liquefied natural gas (LNG) to Singapore. The cargo was delivered on board the Q-Max LNG carrier “UMM SLAL” to Singapore LNG Corporation Pte Ltd’s (SLNG) first LNG receiving terminal at Jurong Island. Khalid Bin Khalifa Al-Thani, Qatargas Chief Executiv
USA: Cheniere, Centrica Ink Sabine Pass LNG Deal Cheniere Energy Partners said that its subsidiary, Sabine Pass Liquefaction has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Centrica plc under which Centrica has agreed to purchase 91,250,000 MMBtu of annual LNG v
Salvors, said the President of the International Salvage Union Andreas Tsavliris, “are innovators and problems solvers and don’t walk away from a challenge”. But the difficulties which may be encountered with giant ships, he warned, “may be beyond problem solving”. At the annual ISU Associate Member
RasGas Company Limited, one of the world’s leading liquefied natural gas producers, is gearing up to meet with young ambitious Qataris at the upcoming Qatar Career Fair (QCF) 2013 next month. The company’s participation is expected to boost its Qatarization scheme attracting top talent for its schol
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Chiyoda Corporation and Consolidated Contractors Company, said that they established a joint venture company in Singapore. The name of the company is CHIYODA-CCC ENGINEERING (PTE.) LIMITED (CCEL) having its regional headquarters in Abu Dhabi, United Arab Emirates. The purpose of this establishment i
Nakilat, Qatar’s premier gas transporter, has signed a Memorandum of Understanding (MoU) for collaboration in areas of mutual interest with the state energy company of Algeria and Africa’s largest oil and gas company, Sonatrach. The MoU was signed last night in the presence of HE Sheikh Hamad bin Ja
A decline in demand for Capesize vessels has been countered by an improvement in demand for Panamax vessels, according to the latest Dry Bulk Insight, published by Drewry Maritime Research. This left the Drewry Hire Index unchanged from January’s level. Panamax was the sole segment to record an impr
The President of Mozambique, HE Armando Emilio Guebuza recently visited DP World flagship Jebel Ali Port where he was received by Chairman HE Sultan Ahmed Bin Sulayem and briefed on the supply chain capabilities that have made the port the premier gateway to the entire region and a reliable contribu
The market continues to struggle and Drewry’s latest Tanker Insight report saw the Drewry Tanker Earnings Index suffer a further decline in February. Weak demand hammered freight rates on major routes, especially for the larger vessel segments. The impact of weak rates was amplified by high bunker p
Delek Group announced its results for the fourth quarter and full year period ended December 31, 2012. Financial Highlights of the Full Year 2012 Period Group net income amounted to NIS 446 million. This is compared with net income of NIS 2.6 billion last year though it is important to note that Del
Technip posted an interesting video of Yemen’s first LNG terminal. https://www.youtube.com/watch?v=G2iKwGRfcO8 The Yemen LNG project has three long-term contracts to supply LNG to GDF Suez, Kogas and Total Gas & Power for a total of 6.7 Mtpa. [mappress] LNG World News Staff, March 22, 2013; Image: T
