Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.
Lamprell delivers its 11th Super 116E jackup drilling unit
Lamprell has completed the construction of jackup drilling rig, the Shuwehat, and has delivered the
Shell and OPITO commit to the safety of 15,000 from the Iraqi workforce with New Training Centre and Standards.
Up to 15,000 Iraqi oil and gas workers will be
A Libyan force allied to a non-recognized parliament in Tripoli will continue a military offensive to take eastern oil ports but will not damage the facilities, its spokesman said on Tuesday.
The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians,
Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians.
Libya's recognized government conducted air strikes against rival government forces trying to seize major oil ports in the east and targets in the west on Monday,
The US oil production surge, more crude returning to the market from Iraq and Libya, slowing Chinese demand & a lack-lustre European economic recovery, all followed
United Arab Shipping Company (UASC), a leading global shipping company based in the Middle East has announced that it will open a wholly-owned representation in
Nordic Maritime’s MKIII subsea service vessel, Mokul Nordic, has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel.
Second of 14 tugs on order for the Kuwait Oil Company at Damen Shipyards Galaţi
A naming ceremony for the Kuwait Oil Company’s (KOC) new ASD 3212 tug vessel,
Sharjah Ports Authority and Damen Shipyards celebrate keel laying of two new vessels
Sharjah Ports Authority and Damen Shipyards officially celebrated the keel
The Obama administration said on Thursday that falling oil prices are helping the U.S. economy and are unlikely to lead to a reduction in production at the country's shale oil fields.
Urals, Russia's main export crude grade fell to the lowest price differential since September on Wednesday as physical cargoes struggle to find buyers in many markets even as future prices collapse.
RWE Dea doubled its oil and gas production in Egypt and drawn up expansion plans. North Africa is a strategic core region for Dea. The company is one of the
A division of the Unique Maritime Group (UMG) which is one of the world’s leading integrated turnkey subsea and offshore solution providers, Unique System FZE in conjunction with HYPACK Inc.
The Organization of the Petroleum Exporting Countries (OPEC) last week made no change to its production target despite a 40 percent slide in oil prices over just five months,
Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship,
IBAC, which provides training to participants on international business awareness and ethical principles in the context of international business, was held for the 15th time this year.
When OPEC meets this week the energy industry will collectively hold its breath. Tumbling crude prices have rattled producers and investors around the world. With near-term demand flagging,