International energy consultancy Xodus Group has secured two contracts from Abu Dhabi based Valentine Maritime (Gulf) L.L.C. The first project is for the design of new subsea pipelines in the Arabian Gulf. This will be the Xodus Group’s first subsea project from its rapidly growing team in Dubai, United Arab Emirates. The project is located [...]
June 4, 2013 | Posted in
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UTEC has announced the appointment of Ian Pownall as the General Manager of UTEC Survey JLT, based in Dubai, UAE. The responsibilities of this role include development and delivery of the UTEC brand and business model in the Middle East region. Ian, who was formerly with Corrintec in the UK and Unique Maritime Group in [...]
Unique System FZE, a Unique Maritime Group company, is set to conduct National Hyperbaric Centre’s Diver Medic Technician Course starting 19th May 2013. The course is scheduled to run for a period of 2 weeks. The IMCA Diver Medic course is required for divers, as a pre-requisite for diving team selection that involves saturation and [...]
Polarcus Limited, a marine geophysical company which specializes in high-end towed streamer data acquisition, announces the release of its first quarter 2013 financial statements. Highlights in the first quarter 2013: – Revenues of USD 144.8 million, up 45% from Q1 2012 – EBITDA of USD 52.9 million, up 103% from Q1 2012 – EBIT of [...]
Abu Dhabi Marine Operating Company (ADMA-OPCO) has become the first oil company in the Middle East to join the Pipeline Defect Assessment Manual (PDAM), a joint industry initiative that shares best practices on the assessment of defects in pipelines. PDAM presents the best currently available methods for the assessment of pipeline defects (such as corrosion, [...]
April 22, 2013 | Posted in
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“ARADAH”, a 55m Dive and Maintenance Support Vessel (DMSV), built for ADNOC, was completed in January 2012. This state-of-the-art vessel is the first from its class built by Grandweld Shipyards. It is equipped with 360 degree Schottel Rotatable Propulsion System, serves dive and maintenance operations in Abu Dhabi offshore fields, has dynamic positioning (providing the [...]
April 19, 2013 | Posted in
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Polarcus Limited (“Polarcus” or the “Company”) announces the appointment of Mr. Duncan Eley as Chief Operating Officer (“COO”) of the Company. Effective May 01, 2013, Mr. Eley will assume the position of COO and head the Company’s three business lines; Sales and Marketing, Multi-Client and Marine Acquisition, together with the EHSQ and Information Technology support [...]
Petrofac announces that Petrofac Emirates, its Joint Venture with Mubadala Petroleum, has been awarded a contract by Zakum Development Company (ZADCO) for the Upper Zakum, UZ750 field development in Abu Dhabi. The contract is worth approximately US$3.7 billion and has been secured by Petrofac Emirates in consortium with Daewoo Shipbuilding & Marine Engineering Co Ltd [...]
April 12, 2013 | Posted in
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Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi. The US$500 million competitively tendered contract will commence shortly and will be delivered by April 2016. The SARB Project is a high priority and new [...]
April 2, 2013 | Posted in
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Polarcus Amani is an ultra-modern, super high ice class, 12-14 streamer 3D/4D seismic vessel. Built to the ULSTEIN SX134 design and incorporating the innovative ULSTEIN X-BOW® hull, the vessel combines the latest developments in maritime systems with the most advanced seismic technology commercially available. The vessel is also amongst the most environmentally sound seismic vessels [...]
February 20, 2013 | Posted in
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