Offshore
DOF Subsea nets several deals
DOF Subsea has recently announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilisation into Q1 2020. The contracts, for undisclosed clients in New Zealand and South East Asia, will see Skandi He...
2019-11-26 08:56:33
Tender for Qatar NFE LNG project pushed back
Qatar's North Field Expansion (NFE) LNG development project is being delayed, industry sources say. According to foreign media and industry insiders' reports, the tender deadline for the four packages of NFE onshore facilities (Liquefaction Fa...
2019-11-26 08:41:35
SHI to pay $75m to resolve foreign bribery case in U.S.
Korea's Samsung heavy industries has agreed to pay total penalties of more than $75 million to resolve the US government's investigation into violations of the Foreign Corrupt Practices Act (FCPA) arising out of a scheme to pay millions of dollar...
2019-11-26 08:40:30
Sembmarine sees growing loss in 3Q
Sembcorp Marine (Sembmarine) announced on November 13 that the Singaporean company posted a net loss of SGD 59.5m for the first nine months of 2019. The loss has reduced by 26% compared to that of SGD 80.1m logged from January to September 2018.&...
2019-11-26 08:38:21
HHI winds up its French offshore unit
Korea's Hyundai Heavy Industries has liquidated its French unit last May as offshore engineering and fabrication orders dried up. According to industry sources the Korean shipbuilding and offshore engineering company has wound up the 'Hyun...
2019-11-25 15:17:10
Golden Energy joins hands with KONGSBERG
Norwegian advanced Offshore Service Vessel (OSV) owner and operator Golden Energy Offshore has reported that its long-term collaboration on vessel performance monitoring with Kongsberg Maritime and deployment of the containerised SAVe Energy batt...
2019-11-25 09:37:29
Japan to build self-elevating platform
It turned out that the three companies, Penta-Ocean Construction Co., Ltd., Kajima Corporation (President, Mr. Yoshikazu Oshimi), and Yorigami Maritime Construction Co., Ltd. (President, Mr. Masafumi Yorigami), have agreed to jointly construct a ...
2019-11-25 09:28:07
Maersk nets FPSO tow and mooring installation deal
Maersk Supply Service announced on November 21 that the company has been awarded an integrated FPSO tow and mooring installation project for an operator in the North Sea. The work scope includes project management, engineering and offshore execut...
2019-11-25 09:05:27
Thailand preparing tender for the country's first FSRU
The Electricity Generating Authority of Thailand (EGAT) is preparing to develop the nation's first FSRU. According to a recent report by Bangkok Post, EGAT is now proceeding with the tentative plan on FSRU project with a budget of about TH...
2019-11-22 14:57:04
Petrofac nets EPS deal worth USD 120m
On November 20, Petrofac announced awards and contract extensions with a combined value of more than US$120 million, delivering against the Group’s strategy to position Engineering & Production Services (“EPS”) for growth by diversifyin...
2019-11-22 09:17:55
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