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Equipment
Samkang inks offshore products
South Korea's Samkang M&T made a public notice, on 21 November, of KRW 15bn ($13.1m) new order from Daewoo Shipbuilding & Marine Engineering. The Korea's leading steel maker would supply part of tension leg platform to Daewoo, newly ordered from C...
2011-11-21 14:26:02
Rockwell wins Daewoo drillship equip
Rockwell Automation has won a contract for more than $6 million worth of safety equipment from South Korea’s Daewoo Shipbuilding & Marine Engineering. The equipment includes emergency shutdown and fire and gas safety systems and engineering serv...
2011-11-21 07:46:57
Wartsila buys Hamworthy
Finnish marine engine maker Wartsila is in "advanced talks" to buy UK gas carrier systems specialist Hamworthy. It said it may offer £8.25 per share in a cash offer, valuing the company at about £311m ($493m). Hamworthy's shares s...
2011-11-21 07:35:43
Steel-plate demand to reduce
Overall demand for 2012 heavy thick steel plate is expected to lower by 0.21% to 14.625m t, comparing with 2011's 14.656m t. According to South Korea's POSCO Research Institute, domestic demand for heavy thick steel plate this year only increased ...
2011-11-18 15:31:33
ONGC retenders offshore platform
India’s Oil & Natural Gas Corporation (ONGC) has retendered a contract involving the design, engineering, procurement, fabrication and commissioning of five wellhead platforms to be installed off India’s west coast.
2011-11-18 08:00:57
Hornbeck orders 16 OSVs
Hornbeck Offshore Services, Inc. announced Thursday the execution of definitive contracts for the construction of sixteen high-specification offshore supply vessels ("OSV"), in connection with its latest newbuild construction program announced on Nov...
2011-11-18 07:31:23
Korean final bidders for UK Navy
South Korea's Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering are confirmed on 17 November that they are the final bidders for UK's naval support ships project. Defense industry player said, "Hyundai and Daewoo became the fin...
2011-11-17 10:05:16
GTT disposal in spotlight
France's Gaztransport & Technigaz (GTT), securing the original technology of cargo containment systems for LNG carriers, is known to be under discussion of its shares disposal. GDF Suez of France, a world’s biggest power utility, sees its 40% ho...
2011-11-17 07:12:25
Poor support for offshore
South Korea's offshore plant industry is in short of governmental support for its R&D. Shipbuilding industry had requested KRW 15.4bn ($13.5m) of state support for offshore R&D, however, only one fifth of requested amount was approved. Market s...
2011-11-16 10:42:48
Wartsila-Doosan licence extension
Wärtsilä, the marine industry's leading solutions provider, and its Korean partner, Doosan Engine Co. Ltd, a member of the Doosan Group, have signed a ten year extension to the licensing agreement to build Wärtsilä low-speed engin...
2011-11-16 08:21:33
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