Offshore
Hyundai awaits $billions orders
Hyundai Heavy Industries is set to win a bunch of offshore facilities orders sooner or later. Seoul-based KB Investment & Securities analyst Lee Sang-won said Wednesday, "The shipbuilding and marine engineering company is still one of the most lik...
2012-06-21 10:30:37
Technip-Hyundai eye Spar Platform
Technip and Aker Solutions, awarded the front-end engineering design (FEED) contracts by Statoil for the development of the Aasta Hansteen Spar platform earlier this year, are competing to win the offshore production facility, the largest of its kind...
2012-06-21 10:00:23
Nam Cheong wins four MPSVs
20 June 2012 - Malaysia-based international offshore oil field services provider, Bumi Armada Berhad ("Bumi Armada"), announced today its newbuild programme, 'Steel on Water 2' with the issuance of a Letter of Intent ("LOI") for four Multi-Purpose Pl...
2012-06-21 07:42:43
Subsea market "outstanding"
Subsea markets seem to have a steady growth ahead in all regions despite some vessel-supply issues and a tight market. Subsea work, which had been put off or cancelled because of the previous economic crash, has been revived and combined with bran...
2012-06-21 07:28:22
Keppel names deepwater semi
Long standing customer Ensco has to date entrusted Keppel with 19 major newbuild projects worth more than US$4.8 billion. June 18, 2012 - Keppel FELS Limited (Keppel FELS) is set to deliver ENSCO 8506, the seventh semi-submersible (semi) drilling ...
2012-06-20 07:47:29
STX OSV inks Farstad PSVs
Singapore, 19 June, 2012 - STX OSV Holdings Limited ("STX OSV"), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the design and construction of two P...
2012-06-20 07:40:41
FLNG "Boom" Comes
With growing interests in green energy and increasing demand for natural gas after Japanese nuclear plant accident, demand for small-and-medium offshore gas field development soared, which caused fierce competition for LNG-FPSO (FLNG) orders. Sinc...
2012-06-20 07:05:53
Deep-sea Rig orders to hit 30
Newbuilding orders for LNG carrier and offshore facilities like drilling rigs are expected to flow steadily unless Eurozone crisis gets worse further, an industry analyst says. Oh Sung-gwon, an analyst at Seoul-based Kyobo Securities says, "South ...
2012-06-19 10:05:47
NYK into Wheatstone LNG
June 18, 2012 - Nippon Yusen Kabushiki Kaisha (NYK), together with the Mitsubishi Corporation (MC) and the Tokyo Electric Power Company Incorporated (TEPCO), today announced their participation in the Wheatstone LNG project, which is being promoted b...
2012-06-19 07:35:30
Statoil in PSV newbuild spree
Statoil has awarded contracts for the charter of seven new supply vessels for the NCS. The newbuildings are equipped with the latest environmental technology while some of them are specially designed for operation in the High North. "The seven new...
2012-06-18 07:48:17
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