Middle East
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Polarcus wins new Brazil contract
Dubai seismic specialist Polarcus has won a new contract for a broadband 3D marine seismic project offshore Brazil. The non-exclusive…
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Eni makes huge Egypt gas find
Italian oil and gas giant Eni has made a “world class supergiant” gas discovery off Egypt at its Zohr Prospect,…
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McDermott awarded lump sum contract by Saudi Aramco
Houston-headquartered McDermott International announced on Thursday that it has been awarded a large lump sum contract with Saudi Aramco for…
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Nakilat and Maran expand LNG partnership
Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has expanded its joint venture with Greek shipping company…
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As Aden reopens, another Yemeni port is battered by airstrikes
War torn Yemen has seen its main port reopen while another has come under intense aerial bombardment. Aden Ports Corporation…
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Gulf Navigation investor will attempt to improve its fortunes
Integrated Capital has increased its stake in Dubai’s Gulf Navigation and plans to “seek dialogue” with stakeholders to turn the…
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Weapons needed to fight Islamic State’s Libyan port advance
The Petroleum Facilities Guard in Libya has urgently called for more armaments as it tries to fend off Islamic State…
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UASC dismisses interest in buying NOL as rumours
Another containerline has dismissed links to buying out Singapore’s Neptune Orient Lines (NOL). Reports emerged last month that Temasek, Singapore’s…
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Gulf Navigation ends NAT spat
Dubai’s Gulf Navigation Holding has signed a settlement agreement with one of its major creditors, Nordic American Tankers (NAT). The…
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Egypt opens enlarged Suez Canal
Amid exceptionally tight security, Egypt will open an expansion to the Suez Canal today with dignitaries from around the world…
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Kenza boxship leaves Cagliari after more than two years
The 724 teu containership Kenza (8,675 dwt, built 1991) left the Italian port of Cagliari today after more than two years in…
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Ashdod port evacuated following discovery of radioactive material in a container
Port workers were evacuated from Israel’s Ashdod port yesterday when radioactive material was discovered in a container onboard a Chinese…
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Eleven international shipping firms set up offices in Iran
Eleven international shipping companies have set up offices at Shahid Rajaee Port, Iran’s largest commercial port, and the first European…
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BW Gas wins Egypt FLNG contract
Singapore’s BW Gas has clinched a deal to provide Egypt with an FLNG for five years, energy firm Egyptian Natural…
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Polarcus completes contract hat-trick
Dubai seismic specialist Polarcus has completed a hat-trick of contracts over the last week, announcing today that is has received…
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War-torn port of Aden reopens in Yemen
The port of Aden has reopened to allow shipment of food and military aid into Yemen. The port closed in…
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Polarcus wins another new contract
Dubai siesmic specialist Polarcus has won a new contract for a 3D seismic project from an undisclosed client. The new…
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Subsea 7 wins EPIC Egypt contract
Oslo-listed Subsea 7 has been awarded an EPIC contract worth around $500m from BP and it’s partner DEA for work…
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Channel to be built to open up East Port Said
As part of the revamp of the Suez Canal, a new side channel costing some $60m will be build around…
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Polarcus wins work off West Africa
Dubai based seismic specialist Polarcus has said today that it has received a letter of intent from an unnamed client…
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