One sign of change in Iran as it works toward a nuclear deal with world powers is the way it is feeding itself, with private grain firms beginning a slow return to their traditional role as major food commodity importers.Iran was never barred…
Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region.OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku…
Cheap Russian gas undermines alternative supply projects Azeri plan to bring gas to Italy may collapse-analyst Plans to expand pipeline links with Algeria, East Med stalled U.S. LNG imports unprofitable at current low prices As…
Glander International Bunkering, a global bunkering and lubricant trading and brokering company, announced that Laura Toplar has joined its Dubai team.Taking on the role of a new Bunker and Lubricant Trader, the appointment comes as Glander…
Topaz Energy and Marine, a offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd. for the 12 months ended December 31, 2013. The period has seen continued strong and profitable growth across the group’s activities with revenues up 22% and EBITDA up 17%…
Hertel hereby announces that Victor Aquina, currently Managing Director of the Hertel Caspian region and the former CEO of Nacap, will be appointed as CEO of Hertel as of 1 April 2014. He will succeed Paul Broekhuijsen who will leave the company as of April 1…
Stewart Mitchell will take over as chief executive of global offshore and mechanical handling group, Sparrows, on March 10, 2014.The announcement follows the decision of current chief executive, Doug Sedge, to stand down after four and half years with the company…
President of Azerbaijan, H.E. Ilham Aliyev, graces the official opening of new Baku Shipyard A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR)…
Jee Ltd., an independent multi-discipline subsea engineering and training company, has appointed Nigel Ross as Business Development Director. Based in the company’s Aberdeen office, Mr. Ross will be responsible for ensuring the business…
Ceona announced the appointment of Mark Preece who will be joining the executive team as Executive Vice President Commercial and Business Development and will report to Steve Preston, CEO. Mark will join on the June 2, 2013.Mark has senior management…
GAC Turkmenistan has opened its new Offshore Supply Base & Logistics Support Centre in the Port of Turkmenbashi. The new 11,000 square metre base is designed to further enhance the speed and safety of GAC's marine and logistics services for the offshore sector operating in the Caspian Sea…
Abu Dhabi-based Adyard has delivered two AHTS vessels equipped with MAN L27/38 propulsion packages.The two Topaz Energy & Marine 67-metre (80-ton bollard pull) vessels are ready for anchor handling tug supply services and the transportation of dry and liquid cargo to and from pipe-laying barges…
President Ilham Aliyev reportedly participated in the opening ceremony for the newly built ship repair and shipbuilding production unit of the State Caspian Sea Shipping, News AZ reports.Chief of the Azerbaijani State Caspian Sea Shipping…
JSC Astrakhan Ship Repair Plant have built and delivered a new harbor hug to the Caspian Flotilla.Project 705B harbor tug was deigned specially for the Caspian Sea and the estuary of the Volga River. The ship is equipped with up-to-date navigation aids GLONASS…
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin…