Thursday 28 August 2014
 
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Medco

Qatar-Belgium JV wins $1.2bn dredging deal

Qatar has awarded a 4.5 billion riyal ($1.24 billion) dredging contract to a joint venture of a local company and a unit of Belgian building group CFE  and holding firm Ackermans & Van Haaren, a statement said. The contract to dre

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Medco acquires new dredger

Qatar-based Middle East Dredging Company (Medco), a leader in capital dredging, port development and land reclamation, recently acquired a new heavy duty suction dredger in Singapore Shipyard. The Al Jarraf vessel, has been successfully te

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Medco acquires new dredger

Middle East Dredging Company (Medco), which operates a fleet of modern dredging vessels, has acquired a new heavy-duty cutter suction dredger (CSD) at ASL Shipyard in Singapore. Medco, formerly known as Qatar Dredging Company (QDC), will r

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Kuwait firm sees big oil in Somalia

Kuwait Energy Company, which is assisting the development of Somalia's oil and gas sector, has high hopes for the country's future production. KEC has a preliminary agreement with Somalia to take a 49-percent stake in a newly-formed s

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