Middle East
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KOTC puts its oldest VLCCs up for sale
Kuwaiti Oil Tankers Company (KOTC) has put its two oldest VLCCs up for sale as part of its ongoing fleet…
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NPCC awarded EPC contract by ADNOC
Abu Dhabi-based National Petroleum Construction Company (NPCC) has secured an engineering, procurement and construction (EPC) contract from Al Yasat, a…
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Shelf Drilling acquires jackup rig from Diamond Offshore
Dubai-based offshore driller Shelf Drilling has entered into an agreement with Diamond Offshore to purchase 2008-built jackup drilling rig Ocean…
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Gulf Marine Services awarded wind contract in Europe
Abu Dhabi-based offshore vessel operator Gulf Marine Services (GMS) has been awarded a new contract to support a wind farm…
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GMS adds to its growing operational fleet
GMS, the world’s largest cash buyer of ships for recycling, has been revealed as company to have bought the kamsarmax.…
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Shelf Drilling to list in Oslo on Monday
UAE-based offshore driller Shelf Drilling has completed the bookbuilding process for its initial public offering on the Oslo Stock Exchange.…
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Shelf Drilling IPO oversubscribed
UAE-based offshore drilling contractor Shelf Drilling says its upcoming IPO is oversubscribed at the minimum deal size within the indicative…
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Rowan jackup gets three-year Saudi Aramco contract
US offshore driller Rowan Companies has leased its super gorilla XL class jackup rig to ARO Drilling, its joint venture…
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Libya declares force majeure at two key oil export ports
Libya declared force majeure at Ras Lanuf and Es Sidr over the weekend after fighting in and around both key…
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Nakilat buys into Excelerate Energy FSRU
Qatar’s Nakilat has signed an agreement with Excelerate Energy to establish a JV company which will see it acquire a…
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Oman Drydock to enter shipbuilding sector
Middle Eastern ship repair giant Oman Drydock Company is planning to enter the shipbuilding sector. The new CEO of the…
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Shelf Drilling to raise $250m from Oslo IPO
UAE-based offshore drilling contractor Shelf Drilling expects to raise $200-$250m from its IPO on the Oslo Stock Exchange. The company…
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Abu Dhabi Ports introduces blockchain technology
Maqta Gateway, a subsidiary of Abu Dhabi Ports, has developed a blockchain technology called Silsal to provide a seamless and…
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Shelf Drilling to launch Oslo IPO
UAE-based offshore drilling contractor Shelf Drilling has announced its intension on conduct an initial public offering (IPO) and list its…
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Kanoo Shipping acquires Wallem South Africa
Bahrain-based Kanoo Shipping, a major regional shipping services provider in the Middle East, has entered into an agreement to acquire…
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DP World completes $316m deal to acquire Peru’s CAM
DP World, the Dubai-based global terminal operator, has closed its acquisition of Peruvian container and logistics giant Cosmos Agencia Maritima…
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Milaha deploys robotic process automation solution
Qatari shipping line Milaha has became one of the first companies in the Middle East to deploy and integrate robotic…
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Yasa Shipping orders tanker quartet at Hyundai Mipo
Turkish shipowner Yasa Holding is said to have placed an order at South Korean yard Hyundai Mipo for the construction…
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Gulf Marine Services awarded pair of charter contracts
Abu Dhabi-based offshore vessel operator Gulf Marine Services (GMS) has secured two charter awards in the MENA region. The awards…
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UAE commits to protecting seafarers in signing of historic memorandum with the ITF
The International Transport Workers’ Federation (ITF) and the United Arab Emirates (UAE) Federal Transport Authority (FTA) have signed a groundbreaking…
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