United Arab Emirates-based jackup rig pure-play Shelf Drilling has revealed a couple of extensions for its rigs and some news regarding its fleet in its latest status report. The company said that its Trident 16 rig secured a three-month extension with the Belayim Petroleum Company (Petrobel) in...
https://splash247.com/shelf-drilling-bags-a-pair-of-jackup-extensions/
Abu Dhabi-based ports and logistics giant AD Ports Group has signed a 50-year concession deal with Egypt’s Suez Canal Economic Zone to set up a 20 sq km logistics and industrial zone east of Port Said on the Mediterranean Sea. Under the agreement, AD Ports Group will develop, build, finance,...
https://splash247.com/ad-ports-strikes-deal-to-set-up-logistics-zone-in-egypt/
Wah Kwong is expanding into the Middle Eastern market, with subsidiary Venture Marine Services (VMS) joining AW Shipping’s gas newbuild project in China. The Hong Kong shipping giant said WMS will be overseeing the newbuilding supervision projects for seven 99,000 cu m very large ethane carriers...
https://splash247.com/wah-kwong-gets-on-board-aw-shipping-gas-carriers-newbuilding-programme/
Perforación de ventajas El contratista de perforación en alta mar Vantage Drilling ha recibido una carta de adjudicación condicional de un cliente no revelado para la perforación construida en 2010 Explorador de platino. La compañía declaró que la carta de adjudicación condicional tiene un período...
Offshore drilling contractor Vantage Drilling has received a conditional letter of award from an undisclosed client for the 2010-built drillship Platinum Explorer. The company stated that the conditional letter of award has a 90-day validity period. The contract value is around $80m with an...
https://splash247.com/vantage-drilling-bags-80m-drillship-deal/
Marine seismic player PXGEO has appointed industry veteran Charles Davison as executive chairman and chief executive officer, effective immediately, in a strategic leadership transition that marks “the beginning of a new chapter” for the four-year-old company. Davison brings more than 30 years of...
The Saudi giant has renewed long-term agreements with the Italian offshore engineering and construction giant Saipem and UAE-based fabricator Lamprell. Saipem’s agreement with the Saudi firm is now set to run until the end of 2027. With this renewal, the company is confirmed in the exclusive list...
https://splash247.com/saipem-and-lamprell-extend-offshore-cooperation-with-saudi-aramco/
UAE-based Adnoc Drilling has been awarded a $1.63bn contract from state-owned Abu Dhabi National Oil Company (ADNOC). The five-year deal will see the largest national drilling company in the Middle East by rig fleet size provide integrated drilling services for ADNOC Offshore. “This five-year award...
UK consulting and engineering firm Wood has received a non-binding conditional takeover proposal from Dubai-based company Sidara. The possible offer is for 35 pence per Wood share in cash to acquire the entire issued and to be issued share capital of Wood. Dar Al-Handasah Consultants Shair and...
https://splash247.com/wood-open-to-320m-bid-from-sidara-after-rejecting-2bn-last-year/
Greek owner Atlas Maritime and Danish shipping investment firm European Maritime Finance (EMF) have confirmed a lucrative asset play involving at least one of their car carrier newbuildings. The duo has revealed the delivery of the 7,000 ceu Electric Star to Noatum Maritime for an undisclosed price...
https://splash247.com/atlas-and-emf-cash-in-on-car-carrier-newbuilds/