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
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 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
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
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.