May 2nd, 20191Qatar Petroleum has announced the award of contracts for a total of eight jackup drilling rigs required for the North Field Expansion Project, with Qatar’s Gold Drilling International (GDI) and US-based Chinese firm Northern Offshore the winners. GDI was awarded contracts for six of the eight rigs, while two were awarded to Northern...
April 23rd, 20190Qatar's state-run energy group Qatar Petroleum has issued an invitation to tender for what will become the largest LNG carrier newbuilding program in history to support the expansion of its North Field Expansion (NFE) Project. As well as covering the NFE project, which will significantly increase the company’s LNG production...
April 23rd, 20190Gulf International Services subsidiary Gulf Drilling International has been awarded a three-year drilling contract with North Oil Company for 2014-built jackup rig . The rig, which recently came off a five-year contract with Qatar Petroleum, will be used at North Oil Company's development at the Al Shaheen oil field. William Ceppi,...
April 3rd, 20190A Chinese yard is pressing ahead with what will become the world’s largest LNG carrier, dwarfing even the existing Qatari Q-Maxes that have dominated the gas trades over the past decade. Hudong-Zhonghua Shipbuilding, which has led China’s LNG carrier building to date, has teamed with class society DNV GL to develop a 270,000 cu m...
March 28th, 20195John Angelicoussis is upping his gas ties with Qatar via his company Maran Ventures. He and Qatari gas shipping line Nakilat have formed another joint venture to own four more LNG carriers. The new venture is split 60:40 in Nakilat’s favour. The four 173,400 cu m ships are being built in South Korea. Angelicoussis commented,...
March 25th, 20190Qatar limestone specialist Aswan Trading and Contracting has acquired another Japanese-built post-panamax bulker, according to brokers. Advanced Shipping & Trading are reporting that Aswan has acquired the 2002-built from Hachiuma Steamship, paying low to mid $8m for the Imabari Marugame-built vessel. The price is in line with...
March 1st, 20190Qatar is looking to undermine throughput at nearby ports, using its financial muscle to lure liners in its ongoing spat with its neighbours. QTerminals has announced that it will offer incentives to boxlines that have direct services calling at Hamad Port, Qatar’s three-year old principle boxport. Importantly the incentives only...
February 25th, 20190Qatar limestone specialist Aswan Trading and Contracting has acquired Japanese-built post-panamax bulker , according to brokers. Both Seasure Shipbrokers and Advanced Shipping & Trading are reporting that Aswan has forked out a little over $11m to Korea’s Hyundai Glovis for the 2004-built vessel. Seasure is reporting a price of...
February 21st, 20190The United Arab Emirates has partially lifted a ban on transporting goods between it and neighbour Qatar. An Abu Dhabi Ports circular dated February 12, seen by Reuters, cancelled previous directives that banned cargoes of Qatar origin from UAE waters and ports and those of UAE origin from Qatar. The directive however maintains a ban...
February 19th, 20190The head of Qatar Petroleum (QP) yesterday confirmed speculation that the Middle Eastern nation will push ahead with plans to order up to 60 LNG carriers. Saad bin Sherida Al Kaabi, who is also Qatar’s minister of state for energy affairs, said at a press conference that Qatar was in advanced negotiations to order between 50 and 60 gas...
