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Offshore
Hyundai, Slow Starter!
Hyundai Heavy Industries' shares have fallen considerably this year as prospective new order award is being delayed. Jeon Jae-cheon, analyst at Daishin Securities, said, "The weak performance is due to slow order inflow and delays in expected gian...
2012-07-19 10:17:06
STX OSV confirms Troms deal
STX OSV Holdings Limited is pleased to announce that it has now entered into a contract with Troms Offshore Supply for the design and construction of the Platform Supply Vessel (PSV). The vessel, of STX OSV’'s own PSV 07 design, is scheduled for...
2012-07-19 07:22:45
China's offshore plant today (1)
China has started off advancing into offshore plant market, as Shanghai-based engineering company Wison Group's subsidiary Wison Offshore & Marine has recently signed EPCIC contract for the world-first floating liquefaction regasification & storage (...
2012-07-19 06:53:11
Korea invests in Offshore/Arctic
Korea's Ministry of Land, Transport and Maritime Affairs (MLTM) celebrated establishment of Korea Institute of Ocean Science &Technology (KIOST) with an explanation of its vision and development strategies and revealed its national R&D plan for enhan...
2012-07-19 06:49:10
Hyundai bags $2bn in July
Hyundai Heavy Industries is putting spurs to winning offshore facility and ship newbuilding orders since the turn of the second half of this year. The company has secured around $2bn newbuilding orders since July 2nd. Hyundai announced today th...
2012-07-18 11:26:53
POSCO wins offshore facilities
Korea's POSCO Engineering has won an offshore structures construction contract in Ghana, Africa. KEPCO Engineering & Construction, which is joining expansion construction of Ghana's TAKORADI power plant, awarded the contract to POSCO to build offs...
2012-07-18 11:11:51
McDermott wins subsea project pair
HOUSTON -Jul. 16, 2012- McDermott International, Inc. (NYSE: MDR) (“McDermott”) announced today that one of its subsidiaries has been awarded two projects for Saudi Aramco in the Arabian Gulf in the Karan, Safaniya and Zuluf fields. The values of...
2012-07-18 06:26:55
Lamprell inks jack-up EPC deal
July 17, 2012 - Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, has received a new contract award from Seajacks 4 Limited (Seajacks). The Engineering, Pro...
2012-07-18 06:23:21
China's Offshore Ambition (Ⅱ)
Secondly, to build up an offshore facility industrial cluster in three delta regions - Bohai, ChangJiang and Zhujiang - and make over CNY 40bn of revenue by 2015 and over CNY 80bn by 2020. Also, to foster five to six offshore facility companies with ...
2012-07-18 06:19:21
Korea R&D for deepsea plants
Korea's Ministry of Knowledge Economy has chosen the deep-sea resources production technology as one of future leading technologies for Korean industries. In the nationwide R&D project participate Hyundai Heavy Industries, Samsung HI, Daewoo Shipb...
2012-07-17 10:59:01
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