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Drydocks launches global offshore servicesDrydocks World, the largest shipyards engaged in ship repair, conversion, new building, Rigs and offshore construction, has launched its global offshore services arm at a special ceremony organised at Dubai Maritime City, the new business units More… |
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Money fled Cyprus as president fumbled bailoutAs new President Nicos Anastasiades hesitated over an EU bailout that has wrecked Cyprus's offshore financial haven status, money was oozing out of his country's closed banks. In banknot More… |
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Asry in major offshore project successBahrain-based Arab Shipbuilding & Repair Yard (Asry) said its offshore division Asry Offshore Services (AOS) has reported record revenues for 2012. AOS, the offshore division of Arab Shipbuilding & Repair Yard (Asry), is n More… |
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Cyprus inks offshore deal with TotalCyprus has signed a deal with France's Total to search for offshore oil and gas, hailing its anticipated energy bonanza as a way out of austerity it faces due to exposure to indebted Greece. Signing a production sharing agreem More… |
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Gulf ‘benefiting from new focus on offshore’The Gulf region’s increasing focus on offshore oil and gas projects will be a boost to the continuing economic development of the region, said a report. Oil producers are now actively turning offshore in search of oil and ga More… |
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Unique Maritime launches machine rental unitUnique System, a Unique Maritime Group (UMG) company, one of the world’s leading integrated turnkey subsea and offshore solution provider, has launched its new division - On Site Machine Rental in the UAE. Unique System has More… |
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AlMansoori beefs up workforce to meet growthAbu Dhabi-based AlMansoori Specialized Engineering, a leading oil and gas service company, is bolstering its workforce in anticipation of significant growth in 2013 as activity in the Middle East increases. The company has introdu More… |
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Rigs to riches: Offshore salaries soaringWhat jobs offer the highest pay? Investment banking is up there. So is specialist surgery. But salaries on oil rigs have also soared because of a global boom in offshore drilling. But consider t More… |
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GFH in talks to develop key Tunisian projectBahrain investment bank Gulf Finance House (GFH) is in advanced talks with Tunisian government to develop its flagship project in the country, Tunis Financial Harbour (TFH), which will be North Africa’s first offshore financial centre. More… |
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Bahrain beefs up border securityBahrain is beefing up its border security with the introduction of two new offshore checkpoints, which are in addition to three existing checkpoints designed to combat illegal activities at sea, including drug smuggling and human trafficking. More… |
