Offshore
Spanish wins pipelay vessel
McDermott International, Inc. announced last Thursday that it will build another high capacity reeled pipelay vessel with top-tier payload capacity, tentatively named Lay Vessel 108 (“LV108”). The vessel will be a sister ship to the recently ...
2012-09-04 06:49:09
Inpex to sign Abadi FLNG
Japan's Inpex is ready to award the front-end engineering and design (FEED) of LNG-FPSO for Abadi LNG development project, in Masela Block (water depth ranging from 300m to 1,000m). Inpex is working closely with Indonesia’s upstream regulatory b...
2012-09-04 06:39:38
Total give thanks to Daewoo
"Operation of Pazflor FPSO for the past year has been very successful. We appreciate Daewoo's superior capacity and ask another satisfactory delivery of CLOV FPSO." Total sent an e-mail to Korean shipbuilder Daewoo Shipbuilding & Marine Engineerin...
2012-09-03 11:03:03
Samsung eyes more drillship
Samsung Heavy Industries of Korea looks promising to win drillships in the second half of 2012. Park Min, analyst from Korea Investment & Securities, said, "Most of shipyards, excluding Samsung, saw their share prices slightly decline due to weak ...
2012-09-03 06:54:26
LNGC order to surge
Placing orders for LNG carrier is expected to start off from this Autumn. Analyst Park Mu-Hyun, E*Trade Securities in Korea said, "Golar LNG holds out on fixing contracts for stronger ones," added, "The Norwegian shipping company was offered $185,...
2012-09-03 06:51:06
Brazil provides shipbuilding funds
The Brazilian government plans to bulk up financing for shipbuilding projects. The government said it will use some of its stake in the country's largest lender to provide more financing. The Finance Ministry will be allowed to transfer as muc...
2012-08-31 07:56:36
Kogas invests in LNG-FSRU
Ukraine's state agency for investments and managing national projects Gosinvestproekt and Korea Gas Corporation (Kogas) inked on Wednesday a memorandum of cooperation in a project for the building of an offshore liquefied natural gas (LNG) terminal. ...
2012-08-31 07:10:11
Offshore Rig "Boom"
Massive investment in new offshore rigs, such as deep-sea drillship, semi-submersible rig, jack-up rig, etc., continues in 2012, as well. Particularly, since over half of existing offshore rigs in the world are old facilities with the age of over ...
2012-08-31 06:39:26
Lamprell fall into loss
UAE-based offshore rig fabricator Lamprell slumped to a large loss in the first half of this year. Lamprell posted a net loss of $47.1m for the first six months. This is against a net profit of $18.6m in the comparable period last year. Rev...
2012-08-30 06:48:17
Sembcorp wins Brazil FPSOs
Singapore, August 29, 2012, Sembcorp Marine’s subsidiary Jurong do Brasil Prestacao de Services Ltda (JDB) has secured a contract worth US$674 million for the construction of a total of 8 modules and module integration works for 2 Floating Producti...
2012-08-30 06:44:10
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