ARCADIS, the leading pure play global engineering and consultancy firm, has won a contract with Aqaba Development Corporation in Jordan for providing construction management services and design reviews for their “Aqaba New Port Project”. ARCADIS works in a joint venture with the local company Dar Al
Nearly 120 secondary school students were recently given a fascinating insight into the life and experiences of young Qatari engineers and the exciting environment of the energy industry. This is part of RasGas Company Limited’s Corporate Social Responsibility (CSR) programme support for Qatar Unive
Dana Gas PJSC and Crescent Petroleum, in their capacity as joint operators, have announced that the total investment on behalf of the partners in gas operations in the Kurdistan Region of Iraq has exceeded US$1 billion. Total cumulative petroleum production from inception to date has now reached 79
On the sidelines of the World Port and Trade Summit 2013, Abu Dhabi Ports Company ( ADPC ) has announced that a new Abu Dhabi-based port project is underway, with the development of Shahama Port into a commercial, leisure and tourism hub. ADPC stated that it will develop the Shahama water basin and
Government ministers and industry game-changers convene in Abu Dhabi as Middle East maritime infrastructure growth meets economic opportunity to create a new seaborne trade superpower. The third annual edition of the World Ports & Trade Summit will be opened tomorrow as global ports, key industry pl
With loading of the third and last jacket of South Pars Phase 19 Development Project, the main operations of Offshore Development of this phase came to an end, Director of South Pars Phase 19 Development Project said, according to Pars Oil and Gas Public Relations. In order to expedite the developme
Attesting to the company’s high degree of transparency, thorough standards of accountability and use of independently verifiable audits for business transactions with its various stakeholders, the World Finance has adjudged Oman LNG, the Best Company in Corporate Governance in the Sultanate for 2013
MV Royal Grace Freed by Pirates after One Year On 8 March 2013 EU Naval Force (EU NAVFOR) flagship ESPS Méndez Núnez provided much-needed assistance to the crew of chemical tanker MV Royal Grace after the vessel was unexpectedly released by Somali pirates. The pirates had held the vessel after attac
HR faces big challenges in the oil and gas industry due to an ageing working force and huge skill shortages, according to Derek Massie, former SVP HR at deepwater drilling company, Seadrill.
Colombo International Container Terminals Ltd. General Manager Tissa Wickramasinghe was invited to be a guest speaker at the third annual Global Liner Shipping Conference which was held in Dubai on 25 and 26 February 2013. Being the only speaker from Sri Lanka, the subject allocated to him was the l
Nakilat, Qatar’s premier marine company, and its ship repair and shipbuilding joint ventures, N-KOM and NDSQ, received teaching staff from CNA-Q at their shipyard facilities last week to help promote marine industry careers to young Qatari Nationals. The day-long event held on Monday March 4thenable
Asia Offshore Drilling Limited (“AOD”), has signed drilling contracts whereby AOD’s jack-up drilling rigs ‘AOD II’ and ‘AOD III’ will be providing drilling services to the Saudi Arabian Oil Company (“Saudi Aramco”) for operations in offshore Saudi Arabia. The drilling contracts have been entered int
DOF Subsea Group has entered into an agreement where the 1978 built vessel Geobay is sold to a Middle East buyer. DOF said that the selling price is slightly above book value of the vessel. The sale is expected to be completed after the ongoing project utilizing the vessel is finalized in May 2013.
In the following article, which Offshore Energy Today is sharing with permission from World Review, Dr. Carole Nakhle, an energy economist, based in London, UK, specialising in international petroleum fiscal regimes, world oil and gas market developments, provides her view on Cyprus’ Aphrodite gas d
