Offshore
Hoegh orders 4th LNG-FSRU
Höegh LNG has exercised an option for a fourth new floating storage and regasification unit (FSRU) to be built at Hyundai Heavy Industries Ltd. in Korea. The vessel will be able to operate as a floating LNG import terminal, as well as an ordi...
2012-10-02 06:33:27
Daewoo scores drillship
HOUSTON, Sept. 27 -- ATWOOD OCEANICS, INC. (NYSE: ATW) announced today that one of its subsidiaries had entered into a turnkey construction contract with Daewoo Shipbuilding & Marine Engineering Co., Ltd. ("DSME") in Korea to construct a third ultra-...
2012-09-28 09:54:47
STX inks FSO
STX Offshore & Shipbuilding announced this morning that it has signed a formal contract with a North African oil company to build a Floating Storage & Offloading facility worth around KRW 480bn ($430m). The large FSO unit, 324 meters in length and...
2012-09-28 09:46:04
TY Offshore inks Eco pair
TY Offshore in the US has added up additional pair of LNG-powered offshore support vessels, as compatriot offshore owner Harvey Gulf decided to exercise options. The owner did not mention on the newbuilding price but said it also picked up two ad...
2012-09-28 07:41:20
Total, "Arctic drilling too risky"
French oil major Total believes that offshore oil drilling in the Arctic is too dangerous to justify. The risks involved in offshore oil production in the region are simply too high, Total chief executive Christophe de Margerie said in comments pu...
2012-09-28 06:42:34
POET wins PSV order
Atlantic Offshore Services, a 50:50 joint venture between Brazil’s Wilson Sons and Ultratug International, has signed a contract with Singapore's shipyard Pacific Ocean Engineering & Trading (POET) to acquire a platform supply vessel now under cons...
2012-09-28 06:39:01
Statoil eyes new semi-sub rigs
Statoil is eyeing on placing more orders for new Category D semi-submersible rigs, in order to replace the ageing fleet off Norway, according to Bloomberg News. Amid tight availability off Norway, the move is aimed at combating a rig capacity shor...
2012-09-27 07:51:06
COSCO sets up offshore yard
China's COSCO Group-affiliated Guangdong COSCO Shipyard pushes forward a plan to set up an offshore yard, which will be the first offshore base in Guangdong. COSCO Group has already advanced into offshore market and is building offshore platform, ...
2012-09-27 07:11:37
CSSC builds offshore complex
China State Shipbuilding Corporation (CSSC) plans to build a new repair and shipbuilding complex for offshore facility. Up to CNY 10bn ($1.58bn) more than CNY 7bn is planned to be invested for the project. CSSC signed agreements with Guangxi Z...
2012-09-27 07:08:51
Fred fixes semi-sub
A consortium of four oil companies has inked a $252m charter deal for Fred Olsen Energy's semi-submersible rig. The consortium has taken the semi-submersible Bredford Dolphin (built 1976, upgraded in 2007) for a firm period of around 570 days for ...
2012-09-26 10:20:27
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