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Offshore
Siemens buys subsea firm
Siemens has acquired a subsea unit of oilfield services giant Expro, its connectors and measurements (C&M) arm, in a $630 million draft deal. The acquisition, which is subject to approval by Norway’s competition authorities, is expected to clos...
2012-03-21 08:00:53
Tsakos set to ink LNGC
Tsakos Energy Navigation of Greece is on the fringe of ordering new LNG carriers. Operations chief George Saroglou says New York-listed TEN intends to ink at least one vessel and an option but would consider turning up the heat if charterers step...
2012-03-21 07:39:53
Bharati delivers AHTS
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a 80 T BP Anchor Handling, Towing & Supply vessel "M.V. SCI Mukta" on 19th March, 2012. SCI had signed contracts for acquisition of four nos. newbuilding 80 T BP Anchor Handling, To...
2012-03-21 07:31:01
STX OSV inks offshore vessel
Singapore, 19 March, 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 a new contract for the design and construction of one...
2012-03-20 07:58:10
STX OSV wins subsea vessel
Singapore, 19 March, 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 a new contract for the construction of one advanced s...
2012-03-20 07:53:37
Euronav aims offshore
Euronav is pinning its hopes for a better year than last year due to the strengthening of the floating production industry as high oil prices drive expansion in the offshore sector. The Antwerp-based owner announced the strategy as it published it...
2012-03-20 07:42:25
Subsea 7 profits jump
Norwegian subsea engineering specialists Subsea 7 have beat analysts’ expectations with annual profits up 68.28% to $451 million. Subsea 7 earned $451 million for 2011 - reported because of last January’s acquisition of Acergy - up on 2010's ...
2012-03-19 07:54:33
OSX eyes gigantic offshore demand
Brazilian billionaire Eike Batista, whose EBX energy empire is building the world’s largest shipyard near Rio de Janeiro, has spoken of Brazil’s “gigantic pent-up demand” for offshore vessels over the next 10 years. Brazil’s richest man ...
2012-03-19 07:29:38
Samsung wins 3rd drillship
After delaying a decision multiple times, Pacific Drilling said it would exercise an option with Samsung Heavy Industries for the construction of a seventh ultra-deepwater drillship. The order would mark a total of three drillship orders for Sams...
2012-03-19 07:13:52
Upcoming bids for LNG-FPSO
Yards and their contractor partners have until April 30 to complete front-end engineering and design (FEED) bids for the LNG floating production storage and offloading (FPSO) unit for Inpex’s Abadi LNG project off Indonesia. Three pairings - Hyu...
2012-03-16 14:18:53
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