oil and gas

Panalpina expands in Middle East with new Oman office
Panalpina recently completed the registration of Panalpina Oman with a minority shareholding partner, the Daoud Group
BP avoids sending tankers and crews into Gulf waters
Oil giant's CEO takes decision amid fears its tankers could be targeted by Iranian forces as tensions mount
GAC looks for offshore demand beyond the Middle East
GAC is looking for growth opportunities in India and Egypt as GCC continues to suffer over-capacity of workboats
Middle East region sees increase in offshore spending
Many analysts have observed that a number of national oil companies in the Middle East have recently started the process of boosting their exploration and production budgets
Kuwait’s KIPIC invests in refinery supply chain with Honeywell
Honeywell UOP will revise the configuration and capacity of the refinery’s gasoline production facilities.
DP World hires banks for $1 billion bond to fund Topaz acquisition
The world’s fourth-largest port operator may kick off the sale as early as this week and is likely to raise an Islamic bond, or sukuk.
Oman Shipping Company order three new VLCCs from Daewoo
OSC predicts that the three VLCC newbuilds will increase company oil shipping revenues by 10 per cent
Drydocks World completes fifth project for Arabian Gulf oil and gas fields
The topside is an oil and gas processing module weighing 900 tons, designed for unmanned offshore operation with a life span of 25 years.
UAE-based Grandweld Shipyards delivers four Crew Boats to Kuwait Oil Company
The newly constructed four boats were specially designed to meet the requirements of KOC, in accordance with Lloyd's Register’s classification rules in order to provide the highest operational efficiency and safety.
ADNOC Logistics plans to add 25 new tankers to fleet by 2025
By boosting its merchant fleet, parent company ADNOC will be able to sell more of its commodities on a ‘delivered basis’, increase its global reach, unlock new market opportunities and extend the value of its supply chain.
Petrasco signs six-figure deal with Flowline for work in the Middle East
The two firms have been working together since 2010, with Petrasco starting its logistics support for Flowline in the Middle East three years ago.
Rashid D Wellhead Platform completed by Drydocks World for offshore UAE
During this project the yard has achieved over 700,000 LTI free man-hours.

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