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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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Vallianz wins $97mn OSV contract

Vallianz wins $97mn OSV contract

Deal has been secured with unnamed NOC in Middle East
 
Dolphin to conduct Oman survey for Masirah

Dolphin to conduct Oman survey for Masirah

3D survey is expected to take 45 days to complete
 
Coretrax eyes further Middle East expansion

Coretrax eyes further Middle East expansion

Firm is currently operational in Saudi Arabia and Dubai
 
Huawei outlines benefits of ICT systems

Huawei outlines benefits of ICT systems

Firm engages with operators at ADIPEC exhibition
 

 

Petrofac bags contract for Iraq expansion project

Petrofac bags contract for Iraq expansion project

The 12-month extension will be worth around $106mn bringing the total value of the contract to more than $300mn since it was first awarded in 2012
 
Swissco Holdings wins chartering contracts

Swissco Holdings wins chartering contracts

Three new contracts for Middle East worth $17.3mn
 
Monjasa named as Dubai oil spill responder

Monjasa named as Dubai oil spill responder

The company will oversee anchorages and offshore waters
 
Mermaid Maritime wins Middle East diving contracts

Mermaid Maritime wins Middle East diving contracts

The value of the contracts could reach the $45mn mark
 
Charisma Energy Services wins support vessel deal

Charisma Energy Services wins support vessel deal

The company will provide five offshore support vessels
 
Sohar Port adds to refuelling capabilities

Sohar Port adds to refuelling capabilities

The freezone has added 6,000 megaton barge to fleet
 
Unique System supports UAE Hydrographic Project

Unique System supports UAE Hydrographic Project

Mapping and surveying equipment was fitted to two identical vessels
 
UAE, Qatar race to build first LNG powered tug

UAE, Qatar race to build first LNG powered tug

Both countries announced the world first on the same day
 
Rig cooks earn more than presidents

Rig cooks earn more than presidents

Corporate lawyers no longer command the biggest salaries
 
Qatar adds three new LNG carriers to its fleet

Qatar adds three new LNG carriers to its fleet

New vessels will raise capacity to 1.7 million cubic metres
 
First of 14 ASD Tugs launched at Damen Shipyards

First of 14 ASD Tugs launched at Damen Shipyards

KOCs new ASD Tug launched at Damen Shipyards in Romania
 




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