Iran plans to increase production at the Forouzan oilfield, which is shared with Saudi Arabia, by 40 percent by the end of the… (tehrantimes) [mappress] Source: tehrantimes , January 02 , 2012; Image: EU
Tamares Telecom Ltd. is installing a third undersea cable connecting Israel and Cyprus. An additional undersea cable that will connect Israel with the world, should significantly improve competition and the telecoms market. With the third undersea cable, if the earnings mainly stay with the communic
Residents and businesses using du’s Internet services can expect slower speeds after two international undersea cables carrying… (khaleejtimes) [mappress] Source: khaleejtimes , December 27, 2011
The Libyan International Telecom Company (LITC) announced the activation of the new enhanced submarine cable system connecting Libya and Italy. System uses the newest technologies to provide large capacities reaching 40Gbps instead of the old system (2.5 Gbps). The activation of this system will hel
Technip, a global specialist in project management, engineering and construction in the energy industry, confirms its commitment to Abu Dhabi and the Middle East markets by moving its Regional Headquarters to a brand new building in Al Reyhan zone on Muroor Street. The three previous locations, Tech
Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, and TE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, announced the completion of works of the GBI cable system segments within the Gulf, the Gulf
Iran has discovered a new gas field with reserves of 50 trillion cubic feet in waters of the Caspian Sea, Iranian minister of petroleum, Rostam Qasemi announced . Gas reserves of the field, which is, located 700 meters depth of Caspian Sea are estimated to be several times more than former estimatio
Leighton Offshore officially launched its new engineering business in Malaysia. DPS Leighton Engineering Sdn Bhd (LE), a fully owned subsidiary of Leighton Offshore, provides engineering and PMC solutions for Leighton’s international EPCIC and LOFS business. Leighton’s detailed engineering and PMC a
DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. announced the receipt of its largest order ever for underwater security systems. The contract calls for the delivery of a large number of AquaShield™ Diver Detection Sonar (DDS) and PointShield™ Portable Diver Detection Sonar (PDDS) systems tha
Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI. The charter, of minimum 5 months duration and subject to the execution of a service contract, will commence
Danny Murray has been appointed to the newly created position of business development manager for the Middle East and North Africa. This move comes as TWMA announces its plans to set up a base in Dubai as part of its continuing growth strategy. Mr Murray joins the team at TWMA with over 20 years exp
When the shell plating of a 300-meter bulker was indented over a length of 150 meters after a grounding in the Suez Canal, a large crack 1.5 meters long appeared, making it impossible for the vessel to sail any further. To close off the crack and allow the vessel to continue its route, Hydrex sent [
Drydocks World, the well-established international player in the maritime and offshore industry, has signed a Contract with Singapore based AET, a global leader in petroleum shipping, for two Tanker-to-Marine Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of a rece
ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has received a contract with a value in excess of US$45 million from Hyundai Heavy Industries to provide corrosion protection and concrete weight coating for the Barzan pipeline project in the Qatari sector of the Arabian Gulf. The
