oil and gas

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.
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

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