UAE’s NMDC Energy has won an engineering, procurement, and construction (EPC) contract worth over $1.1bn for a 111 km subsea gas pipeline offshore Taiwan. The Taiwan Power Company awarded the contract to NMDC for the second stage of the Tung-Hsiao renewable power plant. The project involves...
https://splash247.com/nmdc-energy-bags-1bn-deal-for-subsea-gas-pipeline-off-taiwan/
Danish marine fuels supplier Monjasa is strengthening its LNG bunkering business in the United Arab Emirates by chartering a dedicated floating storage unit. The company, which recently completed UAE’s first LNG bunkering via NYK’s chartered-in 5,000 cu m Green Zeebrugge is now bringing in an LNG...
https://splash247.com/monjasa-brings-in-adnoc-ls-lng-carrier-as-fsu-in-dubai/
Drydocks World, part of the DP World Group, has officially opened its 75,000 sq m South Yard expansion, enhancing fabrication capabilities for complex global marine and offshore wind energy projects. The expansion increases fabrication capacity by 40% and yard capacity by 25%, enabling Drydocks...
https://splash247.com/drydocks-world-opens-expanded-yard-in-dubai/
Denmark-based bunker supplier Monjasa has brought in an LNG bunkering vessel on charter for deployment in the UAE. The company’s move into the LNG bunkering space has seen NYK’s 5,000 cu m Green Zeebrugge fixed for an undisclosed period in what Monjasa says was a response to a growing demand for...
https://splash247.com/monjasa-makes-lng-bunkering-move-in-the-uae/
Dubai-based Drydocks World, in partnership with GE Vernova, has secured a contract to build and install Ostwind 4, a 2GW offshore wind grid connection that will power nearly 2m German households. The contract was awarded by 50Hertz, the transmission system operator for eastern Germany. Ostwind 4...
https://splash247.com/drydocks-world-to-construct-2gw-offshore-grid-connection-in-german-baltic-sea/
Babylon Navigation is one of many fast-growing vintage tanker players located in the United Arab Emirates. The owner has emerged as the taker of a ship sold by Great Eastern, tabling $33m for the 2005-built suezmax Jag Lalit. The vessel has now been named Liliana and is the largest ship in the...
https://splash247.com/babylon-navigation-swoops-for-vintage-great-eastern-suezmax/
United Arab Emirates-based jackup rig pure-play Shelf Drilling has won a contract in Nigeria for one of its rigs. The firm term of the contract is approximately two years. The contract with an unknown customer is scheduled to begin in December 2024. The rig in question is the 1982-built Main Pass...
https://splash247.com/shelf-drilling-jackup-gets-work-off-nigeria/
United Arab Emirates-based jackup rig pure-play Shelf Drilling has received another notice of suspension of operations for one of its rigs. Shelf Drilling said the rig in question was the High Island II jackup currently under contract with Saudi giant Aramco. The company did not reveal the customer...
https://splash247.com/aramco-suspends-another-shelf-drilling-jackup/
Dubai-based ports and logistics player DP World has reached an agreement to acquire Australian port-to-door logistics services provider Silk Logistics. The transaction, subject to shareholder approval of Silk Logistics and standard closing conditions, values the company at about A$174.5m ($115.6m)...
https://splash247.com/dp-world-buys-australias-silk-logistics/
A joint venture between Abu Dhabi’s Al Seer Marine and Damen International is expanding its operations into the commercial shipbuilding market. The ADX-listed subsidiary of the International Holding Company (IHC) and the company, which is part of the well-known Dutch shipbuilder and the Damen...
https://splash247.com/al-seer-marine-and-damen-jv-targets-commercial-shipbuilding/