Offshore
ONGC to award $150m WSV
India's state-owned Oil & Natural Gas Corp (ONGC) looks to be finally set to award a well-stimulation-vessel (WSV) contract after a delay of one year. According to ONGC officials, 10 companies have lodged an interest in grabbing the $150m contract...
2010-03-23 08:12:24
China Follows Close To Korea
Chinese shipbuilders' chasing after Korean shipbuilders is accelerating to catch up Korean shipbuilders by 2015. China is following close at a lightning speed even in technological aspects in high value-added shipbuilding after it surpassed Korea...
2010-03-22 07:20:07
Sekwang Signs 5 Gas Carriers
Noh Jae-kwang led Sekwang Heavy Industries of Korea, a specialized-ship building specialist, announced at the end of last week that it received an order for five state-of-the-art 6,500-cbm ethylene (cargo temperature: -140℃) carriers including opti...
2010-03-22 07:13:18
Keppel Rolls Out Floatel Rig Early
Singapore’s Keppel FELS has delivered the semi-submersible accommodation rig, Floatel Superior, to Floatel International 43 days early. The vessel will depart Singapore on a 14-day transit to Bayu Undan in the Timor Sea where it will start its ...
2010-03-19 08:20:32
Sembcorp Wins S$550m Topside
SMOE, a rig and offshore engineering subsidiary of Singapore’s Sembcorp Marine, has scooped a S$550m ($394.6m) deal from ConocoPhillips Skandinavia to build the Ekofisk accommodation topside that will be installed in the North Sea. The company will...
2010-03-19 08:13:47
HHI Bullish Over Offshore
Hyundai Heavy Industries is hoping to surpass its target for oil and gas equipment orders by 79% this year, according to Bloomberg. The company had originally budgeted revenues of $4.2bn for the segment. Net income for the year is expected to b...
2010-03-18 07:47:39
China Offshore Challenge Begins
As is reported earlier, Mr Chen Qiang, chairman of Jiangsu Rongsheng Heavy Industries, announced the group would trigger offshore project with value to break CNY3bn ($440m) in 2013. Expert said that the Chinese shipbuilder’s ambition was appreci...
2010-03-17 12:04:24
USA backs offshore wind development
Governors of 29 U.S.states today called for federal research funding for offshore wind energy development and for streamlined permitting processes for both offshore and on-shore wind development projects. Iowa Governor Chet Culver and Rhode Isla...
2010-03-17 10:54:34
Shipping Shifts Offshore Wind
With ocean-going trade slackening amid the global recession, shipping companies and shipyard operators in Europe are finding the offshore wind industry to be a welcome ally in weathering the bad times. In a deal struck earlier this month, for ex...
2010-03-17 10:36:25
Cosco inks $500m Sevan rig
Cosco Corp (Singapore), a shipbuilding offshoot of China Ocean Shipping (Group), has secured a $500m worth contract to build the deepwater semi-submersible drilling rig Sevan Brasil for Oslo-listed Sevan Drilling. “Seven Brasil will be the seco...
2010-03-16 07:39:24
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