Middle East
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Gulftainer appoints new CEO
UAE port operator Gulftainer has announced the appointment of Flemming Dalgaard as the new chief executive officer of the group.…
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Bahri buys VLCC from Hanjin Shipping
The National Shipping Company of Saudi Arabia (Bahri) has confirmed it has signed a memorandum of agreement (MoA) to buy…
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Subsea 7 lands major contract in Egypt from BP
Subsea 7 has been awarded a major contract by BP and its partner Deutsche Erdoel for the development of the…
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Scorpio Tankers sells five MRs to Bahri
NYSE-listed Scorpio Tankers is to sell five MR product tankers to the National Shipping Company of Saudi Arabia (Bahri) for…
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SBI Offshore jack-up drilling rig contract terminated
A consortium of six “Middle East-Chinese parties” have cancelled the $24m jack-up drilling rig design and engineering contract awarded to…
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New Delhi spending to develop strategic Iranian port
New Delhi approved yesterday plans to spend $150m developing Chabahar port in neighbouring Iran. Discussions to develop the port in…
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Posh gets work for five vessels in the Middle East
Singapore-based offshore marine services provider PACC Offshore Services Holdings (Posh) has announced new long-term charters for five vessels to Middle…
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Qatargas, Maersk Group and Shell to pioneer LNG fuel in the Middle East
Qatargas, the Maersk Group and Shell have signed a memorandum of understanding (MOU) to develop the use of LNG bunkers…
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Nakilat eyes new acquisitions
Nakilat, the state-run Qatari LNG transport vehicle, has said it will “exploit future opportunities to acquire new business opportunities”, serving…
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Gulf Drilling International awarded drilling contract by Dolphin Energy
Gulf Drilling International awarded drilling contracts by Dolphin Energy Offshore service provider Gulf International Services has announced that its subsidiary,…
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Vallianz taps the bond market in Saudi Arabia
Singapore-based offshore support vessel owner Vallianz Holdings has entered the bond market in Saudi Arabia by issuing a sukuk of…
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Teekay swaps LNG carrier newbuilding for an FSU
Teekay LNG Partners has changed one of its orders for an LNG carrier to a floating storage unit (FSU) at…
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Tanker arrested in Libya, accused of smuggling fuel
An elderly bunkering tanker was arrested and held by the Libyan Coast Guard on Saturday, suspected of smuggling fuel. 12…
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Irish vessel apprehended over military shipment bound for Yemen
An Irish research vessel, flagged with the Marshall Islands, has been apprehended by Arab Coalition forces. The , en route…
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Polarcus wins survey work off Norway
Dubai-based seismic operator Polarcus has been awarded a 4D project at a field offshore Norway. The survey, for an undisclosed client, will…
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Magseis scores Saudi Aramco seismic deal
Seismic specialist Magseis and partner BGP has been awarded a new large-scale ocean bottom seismic acquisition in the Red Sea…
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Libya’s National Oil Corporation warns owners against loading ‘unauthorised’ oil exports
Libya’s National Oil Corporation (NOC) has sent a letter to shipowners, traders, and shipbrokers warning not to load “unauthorised” export…
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DP World turns to veteran chairman to take Sharaf’s place as CEO
Dubai terminal operator has opted to install its chairman as its next permanent ceo. Sultan Ahmed bin Sulayem, chairman of…
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Iran outlines plans to ship 300,000 barrels of oil a day to Europe
Iran’s oil minister, Bijan Zanganeh, has spoken officially for the first time on plans to sell 300,000 barrels of oil…
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Siem Offshore terminates with Marine Engineering Diving Services
Siem Offshore announced today that is has terminated the contract for multipurpose field & ROV support vessel , which was…
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