Dubai-based Drydocks World announced today that it has completed a major repair and refurbishment project on the National Drilling Company’s (NDC) jack-up drilling rig, Al Ittihad
Industry
Lamprell PUQ deck breaks Guinness World Records for heaviest load
Lamprell is celebrating after breaking the Guinness World Records for the ‘heaviest load moved by self-propelled modular trailers (SPMTs)’ for its 13,191.98 mt PUQ deck commissioned by Nexen Petroleum UK
Kuwait Oil Company reveals US$4 billion profit
The Kuwait Oil Company (KOC) has announced it has made a total of US$4bn profit for 2013-14
Iraq and Saudi Arabia see rise in crude exports in February 2014
Iraq and Saudi Arabia crude oil exports rose by 26 per cent and 3.5 per cent respectively in February 2014, according to the Joint Organisations Data Initiative (JODI)
Gulf consortium to buy National Petroleum Services in the UAE
A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corporation (APICORP) have signed a deal to acquire Dubai-based oilfield services firm National Petroleum Services (NPS)
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