United Arab Emirates
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Offshore
ADNOC Drilling awarded $3.4bn worth of new contracts
ADNOC Drilling has won two new contracts worth more than $3.4bn for the long-term hire of eight jackup offshore rigs.…
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Ports and Logistics
AD Ports and Hutchison Ports join forces
Abu Dhabi-based ports and logistics giant AD Ports Group and Hong Kong operator and one of the leading port investors,…
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Offshore
Shelf Drilling clinches three-year jackup deal with ONGC
Dubai-headquartered jackup rig operator Shelf Drilling has won a contract from Oil and Natural Gas Corporation (ONGC) for the rig.…
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Offshore
James Fisher and NMDC form global alliance
UK marine service provider James Fisher and Sons and Abu Dhabi’s National Marine Dredging Company (NMDC) have signed a strategic…
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Offshore
ADNOC Drilling lands $2bn in contracts
ADNOC Drilling has been awarded two substantial contracts totaling $2bn for the Hail and Ghasha development project in the United Arab…
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Offshore
ADNOC Logistics & Services buys compatriot OSV player Zakher Marine
ADNOC Logistics & Services, the shipping and maritime logistics arm of the state-owned Abu Dhabi National Oil Company (ADNOC), has…
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Offshore
Lamprell agrees $46.5m takeover
Financially troubled Lamprell has struck a takeover deal with two major shareholders that values the company at £38.8m ($46.5m). The…
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Containers
Global Feeder Shipping adds to fleet with panamax acquisition
Dubai-based feeder boxship operator Global Feeder Shipping (GFS) has added to its fleet with the acquisition of 2008-built 3,534 teu…
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Tech
Dubai set to trial container condition monitoring tech
Container analytics company ConexBird has developed and patented a solution to measure the physical condition of shipping containers, whilst they…
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Ports and Logistics
AD Ports bolsters its position in Egypt
Abu Dhabi’s AD Ports Group is spending $140m to acquire a 70% equity stake in International Associated Cargo Carrier, which…
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Containers
Safeen Feeders takes its largest ship to date
AD Ports Group’s shipping line, Safeen Feeders, has been linked to its biggest ship to date. Multiple sources report that…
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Ports and Logistics
DP World lands $300m for stake in Indian subsidiary
Dubai-headquartered terminal operator DP World has secured a $300m investment from India’s sovereign wealth fund, National Investment and Infrastructure Fund…
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Finance and Insurance
Cash-strapped Lamprell in takeover talks
Financially troubled Lamprell has seen its shares plummet as it said it was exploring funding options and that it had…
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Ports and Logistics
DP World to invest further in Romania’s Constanta port
The Romanian government has signed an agreement with Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and DP World to…
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Offshore
Noble selling five jackup rigs to Shelf Drilling to secure UK approval for Maersk Drilling merger
Offshore driller Noble Corporation has sealed a deal to sell five jackup rigs to a newly formed subsidiary of Dubai-based…
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Tankers
Al Seer Marine buys two VLCCs
Al Seer Marine , part of Abu Dhabi’s International Holding Company (IHC), has acquired two VLCCs, the Twin Castor and…
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Ports and Logistics
Abu Dhabi Ports comes onboard Sudanese project
Abu Dhabi Ports will build a new Red Sea port in Sudan in partnership with a local conglomerate called DAL…
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Ports and Logistics
DP World to build massive Saudi logistics park
Terminal operator DP World and the Saudi Ports Authority (Mawani) have announced the signing of a 30-year agreement with an…
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Offshore
Shelf Drilling snaps up Aban jackup for $30m
Dubai-based Shelf Drilling has struck a deal with a subsidiary of Aban Offshore to purchase the 2008-built jackup rig for $30m.…
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Ports and Logistics
AD Ports and NMDC set up subsea services venture
Abu Dhabi-based ports and logistics giant AD Ports Group has established a joint venture company with compatriot National Marine Dredging…
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