oil and gas

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.
Saudi Arabia’s shipping giant Bahri looks for acquisitions in Middle East
Acquisitions in the pipeline will be financed from the company’s own funds and banking finance, the CEO said.
BESIX completes design and construction of Bahrain LNG Import Terminal
Construction on the terminal commenced in November 2016, with the first permanent pile completed by the end of May 2017.
Fire tears through ship in Abu Dhabi shipyard, investigation underway
The cause of the fire is still unclear, but no one is believed to have been injured by the incident.
Maersk to split amid ongoing shipping instability
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.
Iranian Navy saves oil tanker from pirate attack
The Iranian Navy has prevented another pirate attack in international waters, this time saving an oil tanker.
Danish VLCC owners posed to reap benefits of Iran deal
Nuclear accord for Iran will give tanker carriers major opportunity to enter market for Iranian oil exports.
Report reveals oil price impact on offshore sector
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.
Saudi Aramco awards jacket contract to McDermott
McDermott will construct and install 12 jackets for offshore oil and gas fields in Saudi Arabian waters.
UAE Coast Guard aids tanker under fire from Iran navy
The oil products tanker Alpine Eternity was fired on by the Iranian Navy before UAE intervened
Lamprell keeps delivering jackup rigs despite oil drop
Lamprell has delivered jackup drilling rig Butinah to NDC continuing highly successful partnership
Milaha's Q1 financials strong ahead of challenging year
Milaha announces strong financial results for Q1, but warns of 'challenging year' ahead

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