Friday 4 September 2015
 
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Caspian Sea

Topaz Energy H1 profit plunges 114pc

Topaz Energy and Marine, a leading offshore support vessel company, posted a net loss of $3.1 million in the first six months (H1) of the year as against a profit of $21.9 million during H1 2014, a fall of 114.2 per cent. The comp

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Topaz Energy H1 profit plunges 114pc

Topaz Energy and Marine, a leading offshore support vessel company, posted a net loss of $3.1 million in the first six months (H1) of the year as against a profit of $21.9 million during H1 2014, a fall of 114.2 per cent. The comp

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Show to focus on Caspian Sea fleet needs

Industry professionals will discuss the investment, development and the diverse fleets required for Caspian Sea operations at a workboats and offshore marine show, to be held in Abu Dhabi from September 30. The three-day Seatrade

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Iran taps Caspian Sea route to boost grain stocks

Iran is approaching Kazakhstan and other Caspian Sea suppliers for fresh wheat deals after buying over 1 million tonnes in recent weeks from global markets as Tehran seeks to bolster strategic stocks after recent elections. Iran,

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Iran plans oil export terminal outside Gulf

Iran plans to build an oil terminal outside the Strait of Hormuz to ensure exports in the event of Gulf shipping problems and to ship Caspian oil, the oil ministry news website said on Monday. Shana reported the head of the Iranian Oil Ter

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Total strikes gas in Caspian Sea

French oil giant Total said it had found an important gasfield in the Caspian Sea off the coast of Azerbaijan, a discovery that the country's president called a major event. The field could produce billions of cubic feet of natural gas

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Lamprell inks Eurasia rig construction deal

UAE-based Lamprell said it has signed a deal with Eurasia Drilling Company (EDC), a major provider of onshore drilling services in Russia, for construction of a Le Tourneau designed super 116E jackup drilling rig in the Caspian Sea.

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