Offshore
AHTS market rises
Tight supply of anchor handling tug supply (AHTS) vessels in Norway has sent daily rates to a six-month high last Friday. The 297-bp Siem Amethyst, built in 2011, is banking NOK 500,000 ($88,000) from Conoco for the Maersk Innovator rig move from ...
2012-09-26 06:39:08
Gazprom develops LNG fuel
On Sep. 20, 2012, the Memorandum of Understanding was signed by Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Alexander Vinokurov, President of Summa Group. The document fixes the intentions of the parties to arrange ...
2012-09-26 06:36:58
GE wins FLNG compressor
September 24, 2012, GE Oil & Gas (NYSE: GE) announced it will supply its gas turbine-driven compressor train technology to Malaysia’s national oil and gas company Petronas for a floating liquefied natural gas (FLNG) facility that is being developed...
2012-09-26 06:32:47
LMG designs Brazil drillships
Norway's LMG Marin has been awarded a design contract worth €25m ($32m) for 14 deepwater drillships to be built at Brazilian shipyards. LMG Marin is one of Europe’s leading independent naval architect and maritime engineering companies. The...
2012-09-25 09:53:04
Höegh eyes fourth FSRU
Market sources believe that Höegh LNG will book additional fourth floating storage regasification unit. Recently, Höegh piled up funds through bond issue, with the amount undisclosed. But there is market talk that it could be around NOK ...
2012-09-25 07:46:16
Saipem wins huge offshore
San Donato Milanese (Milan), 24 September 2012 – Saipem has signed new E&C Offshore contracts in Angola, Kazakhstan and North Sea, worth approximately $950 million. In Angola, Saipem has been awarded an EPCI contract by CABGOC for the Congo ...
2012-09-25 07:33:27
Brazil OSV demand grows
Brazil is expected to require another 250 offshore supply vessels by 2020. Guilherme Caixeta, vice president of private equity fund P2 said Brazil now has 430 offshore support vessels, but demand will grow to 680 vessels in 2020, which means the c...
2012-09-25 06:45:27
Seadrill orders more drillship
Hamilton, Bermuda, September 21, 2012 - Seadrill has entered into a turnkey contract to build a new ultra-deepwater drillship at the Samsung yard in Korea. The project value price is estimated to be around US$600 million (including project manage...
2012-09-25 06:37:58
Russia's new Arctic drillship
Russia plans to construct a state-of-the-art Arctic drillship. The vessel will be able to operate in Arctic storms and thick ice layers of up to 1.5 meters, the Krylov Shipbuilding Research Institute says. The new vessel will be able to operate...
2012-09-24 09:43:16
DSIC pens deep-sea drillship
China's Dalian Shipbuilding Industry Co (DSIC) has contracted for one drillship, with an option for three vessels, with Norwegian offshore drilling facility company Norshore on September 18. The small-size multi-purpose drillship will be operated ...
2012-09-24 07:13:51
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