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Equipment
Korea fosters Subsea R&D
The Ministry of Knowledge Economy (MKE) of Korea announced that there was an opening ceremony for 'Offshore Plant Equipment R&D Center' yesterday, in Busan, Korea. MKE and Korea Institute of Industrial Technology (KITECH) plan to build up the foun...
2012-08-29 06:39:29
Framo inks Subsea deal
Framo Engineering, a Schlumberger company, announced on August 27 that A/S Norske Shell has awarded the company a 100-million USD contract for the supply of a complete subsea multiphase booster pump system for the Draugen Field in Norway. The cont...
2012-08-28 07:23:42
ABB pens Troll A deal
Zurich, Switzerland, August 27, 2012 – ABB, the leading power and automation technology group, has won an order from Statoil to install high voltage subsea cables to supply power to the Troll A gas platform on the western coast of Norway. T...
2012-08-28 07:19:34
Aker wins drilling equip
Aker Solutions has won a contract to supply drilling equipment packages for a series of six deepwater drillships being built by Jurong Shipyard for the Brazilian market. The contract includes complete topside and subsea equipment (drilling riser a...
2012-08-28 06:40:33
PANASIA inks De-NOx SCR
Korean marine equipment maker PANASIA recently signed a turn-key contract to supply PaNOx™, a De-NOx SCR System which reduces NOx emission through selective catalytic reduction, to Korea's largest 950-MW combined generation facilities. PANASIA h...
2012-08-27 06:15:41
Technip nets subsea pipe
France’s Technip has been awarded a flexible pipe contract for Brunei Shell Petroleum’s Champion field, offshore Brunei. Swiber Offshore Construction placed the order, covering the supply of 12 flexible flowlines totalling 19 kilometres long....
2012-08-24 07:04:01
Rolls-Royce design buoy vessel
Rolls-Royce, the global power systems company, has secured an £8 million contract to design and power a highly specialised buoy tender vessel for India. The vessel will be operating in remote waters off the east coast of India and around the...
2012-08-23 07:11:38
Plate price "wrangling"
Korean shipbuilders and steel players keep wrangling over the third-quarter thick plate price. Shipyards insist that steel products should be lowered as global prices dropped, on the other hand, steel manufacturers argue that shipbuilders do not u...
2012-08-23 06:53:55
Demolition mounts up
In July, overall 78 vessels of a cumulative 3.9m dwt were sent to recycling yards and the benchmark price for a VLCC scrapped in the Indian sub-continent increased from 380$/ldt to 410$/ldt during the same month. In a report by Clarkson Research, ...
2012-08-23 06:48:11
ABB controls giant FPSO
FPSO Peregrino, one of the biggest, most technologically advanced oil production ships in the world, was converted at a cost of more than US$1-billion from a VLCC tankship to function as a FPSO having been acquired by Statoil and permanently moored o...
2012-08-22 07:01:29
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