Middle East

USNS Ship Rescues Nine in Gulf of Oman

'USNS Richard E. Byrd' (T-AKE 4), a Lewis and Clark-class dry cargo ship, rescued 9 crew members from a Yemeni-flagged cargo vessel 'Asaed' that had lost power,

Iraqi Chaos Seen Slowing, Not Scuppering Turkish Export Drive

The chaos in Iraq could cost Turkey some $2-2.5 billion in lost trade this year, slowing efforts to boost exports and rebalance the economy, but the long-term impact

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington

A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's

PSIL Recruits Global Sales Director, Expands In Middle East

Process Systems International Limited (PSIL)  is expanding its global network across Qatar, Kuwait, Oman and the UAE.   PSIL designs and commissions horizontal,

Abu Dhabi Ports Shift Far More Breakbulk Cargo

Abu Dhabi Ports Company (ABPC) says that general cargo moving through Abu Dhabi’s commercial Ports has increased by 37% this year. ADPC’s commercial ports (Musaffah,

GDI Awards N-KOM US$110-M Contracts

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts

Gazprom Neft Starts Production at Iraq Badra Oilfield

Russia's Gazprom Neft, the oil arm of state-run Gazprom, has started initial commercial oil production from its Badra oilfield in Iraq, the oil ministry said on Wednesday.

Bahrain US$35-M Land Reclamation Contract for GLDD

Provider of dredging services in the United States and a major provider of environmental & remediation services, Great Lakes Dredge & Dock Corporation (GLDD) says

N-KOM to Build Floating Jetty for QPMC

Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard established by Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M), has secured a contract

Iraq Approves $600m Oil Depot Contract with CPP

Iraq's cabinet said on Tuesday it had approved a $607 million contract with China Petroleum Pipeline (CPP) for the construction of an oil storage depot near its

Libya Reaches Deal to Reopen Brega Oil Port

Libya state oil company National Oil Corp (NOC) has reached a deal with security guards to end a protest at eastern Brega oil port, which is expected to allow the terminal to reopen on Tuesday,

Stanford Secures Long Term PSV Charter in Mexico

Stanford Marine announced today from its Dubai headquarters that it has secured a three-year contract for one of its 87-meter Platform Supply Vessels (PSV), Stanford Bateleur, in Mexico.

Stanford Marine Charters Out PSV

Dubai headquartered regional offshore marine business, Stanford Marine, says it has secured a 3 year contract with Mexishi  for one of its 87m Platform Supply Vessels, 'Stanford Bateleur', in Mexico.

Total Has Moved Tripoli Expatriates out of Libya

French oil major Total has moved all expatriate staff based in Tripoli out of Libya following heavy fighting at the North African country's biggest airport in recent days,

Foster Wheeler-Led JV to Develop Nafusah Onshore Oilfield

  Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia),

CEVA launches City of Energy in Middle East

  CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates.

Med Tanker Market Pins Freight Rate Hopes on Libya Oil Export Push

Rising oil exports from Libya after months of disruption helped push Mediterranean tanker rates to the highest levels in nearly six months on Wednesday, and shipping

Qatar LNG Shippers Nakilat Q2 2014 Profit Rise

Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a rise in second-quarter net profit on Wednesday, citing

Oil Inches up as Signs of Healthy Supply Tempered by Libya

Oil prices ended slightly higher on Monday as traders weighed renewed violence in Libya against broader signs of a global market well-supplied with crude. Last week,

New Middle East Refinery to Produce Honeywell's Green Fuels

UOP LLC, a Honeywell company, says that its green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel

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