During this project the yard has achieved over 700,000 LTI free man-hours.
Acquisitions in the pipeline will be financed from the company’s own funds and banking finance, the CEO said.
Construction on the terminal commenced in November 2016, with the first permanent pile completed by the end of May 2017.
The cause of the fire is still unclear, but no one is believed to have been injured by the incident.
The Maersk shipping and transport group is to split its operations in two to focus more closely on surviving in two markets experiencing deep uncertainty and instability.
The Iranian Navy has prevented another pirate attack in international waters, this time saving an oil tanker.
Nuclear accord for Iran will give tanker carriers major opportunity to enter market for Iranian oil exports.
At least 100 offshore vessels on order will be cancelled and at least 85 floating rigs and 129 jack-up rigs will be retired says new report.
McDermott will construct and install 12 jackets for offshore oil and gas fields in Saudi Arabian waters.
The oil products tanker Alpine Eternity was fired on by the Iranian Navy before UAE intervened
Lamprell has delivered jackup drilling rig Butinah to NDC continuing highly successful partnership
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