United Arab Emirates
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Offshore
Adnoc Drilling secures $980m contract
Adnoc Drilling has secured a new contract worth around $980m for the hire of two jackup rigs and associated manpower…
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Offshore
Shelf Drilling adds $236m with fresh five-year jackup deal
Oslo-listed Shelf Drilling has secured a five-year contract for the recently acquired jackup rig for operations in the Arabian Gulf.…
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Tankers
GMS flips two out of class VLCCs
Older crude vessels are the primary target for buyers of secondhand tanker tonnage. Preliminary information from brokers BRS suggests that…
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Offshore
Adnoc Drilling clinches $1.5bn contract
Adnoc Drilling has won a new contract worth $1.53bn to support the expansion of Adnoc’s offshore operations and crude oil…
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Offshore
Shelf Drilling seals two-year extension for newly acquired jackup
Dubai-headquartered jackup rig operator Shelf Drilling has secured a two-year contract extension for the recently acquired rig . The new…
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Tankers
Safeen Feeders seals tankers deal in Iraq
Containership and bulker operator Safeen Feeders is expanding its portfolio into the oil and gas sector, having signed a deal…
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Offshore
Gulf Marine Services scores bumper deal for two vessels
Gulf Marine Services (GMS) has won a new long-term contract at improved rates from a national oil company (NOC) in…
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Containers
Safeen Feeders expands again with Bangladesh boxship deal
Safeen Feeders has extended its partnership with Bangladesh-based Saif Powertec, having signed a new containership charter agreement for up to…
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Offshore
Gulf Marine Services clinches new vessel contract
UAE-based liftboat operator Gulf Marine Services (GMS) has won a new contract with an engineering, procurement and construction (EPC) client…
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Offshore
Adnoc Drilling snaps up two jackup rigs in $140m deal
UAE-based Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has further expanded its…
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Dry Cargo
Safeen Feeders teams with compatriot trader Invictus to expand dry bulk fleet
AD Ports Group’s Safeen Feeders has struck a deal with compatriot commodity trader Invictus Investment to launch a new international…
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Tankers
ADNOC mulls Gunvor swoop
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to buy all or part of the Swiss-based commodity trading giant…
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Ports and Logistics
Gulftainer hit with $21.5m fine in the US
Gulftainer, a port management company from the United Arab Emirates, has been told by a court in the US it…
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Ports and Logistics
DP World wins latest judgement over Djibouti concession
DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and…
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Ports and Logistics
AD Ports integrates economic zones under KEZAD brand
AD Ports has launched Khalifa Economic Zones Abu Dhabi (KEZAD) Group as part of the plan to consolidate and grow…
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Renewables
Lamprell firms up Moray West wind farm deal worth more than $200m
UAE-based fabricator Lamprell has signed a contract worth more than $200m and received a full notice to proceed from Moray…
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Offshore
NPCC awarded $548m ADNOC contract
National Petroleum Construction Company (NPCC), part of National Marine Dredging Company (NMDC), has won a $548m engineering, procurement and construction…
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Offshore
ADNOC continues fleet expansion with $70m jackup buy
UAE-based Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has acquired another jackup…
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Finance and Insurance
Gulf Navigation refinances five tankers
United Arab Emirates-based Gulf Navigation has completed the refinancing of five petrochemical tankers, under new and better terms. The 46,000…
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Offshore
ADNOC Logistics & Services clinches $1.17bn jackup barge contract
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the state-owned Abu Dhabi National Oil Company…
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