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
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
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
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