Offshore
Hyundai Mipo's PSVs from BP
BP Shipping has been unmasked as the secret owner behind a recent order for four North Sea-spec platform supply vessels (PSVs) at Hyundai Mipo Dockyard in South Korea. The shipowning arm of oil major BP confirms it signed the four-vessel deal in ...
2012-03-16 11:40:39
HMD orders Rolls-Royce design
March 15, 2012 - Rolls-Royce, the global power systems company, has received an order from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels. The contract is worth more than £45 mill...
2012-03-16 08:14:28
Odfjell to finance Daewoo rig options
Norway's Odfjell Offshore is looking to raise up to $500m as well as revive its IPO after ditching similar plan last year. It has initiated an equity private placement to raise $400m to $500m to further develop its fleet of six deepwater drilling...
2012-03-16 08:06:30
Daewoo to exceed target
Daewoo Shipbuilding & Marine Engineering of South Korea is expected to exceed its 2012 new order target of $11bn by 30%, thanks to thriving offshore plant market. Analyst Park Min, Korea Investment & Securities said on March 15, "Daewoo is waiting...
2012-03-16 07:12:04
Aker designs world's largest Spar
14 March 2012 - Aker Solutions has been awarded a FEED (front-end engineering and design) contract from Statoil to design the world's largest Spar platform for the Aasta Hansteen field development in the Norwegian Sea. With a total hull length of ...
2012-03-15 08:02:52
Halul to order OSV
Qatari shipowner Halul Offshore Services has secured a $60m financing to help fund its expansion program. The offshore arm of Milaha, previously Qatar Navigation, signed the eight-year facility with Japan’s Sumitomo Mitsui Banking Corporation (...
2012-03-15 07:47:34
'Cloudy→Clear': H1
Buying opinions for South Korean shipbuilders in the first half of 2012 would be improved from 'cloudy' to 'cloud lifted.' Analyst Jun Jae-Chun, Daishin Securities said that a gloom drawn upon shipyards had already passed and it started to show si...
2012-03-15 07:09:56
Jurong inks well intervention rig
Singapore, March 13, 2012: Sembcorp Marine's subsidiary Jurong Shipyard has secured a US$385.5 million contract to build a semi-submersible well intervention rig from Helix Energy Solutions Group Inc. (Helix), a market leader in subsea well intervent...
2012-03-14 07:43:55
Wilson wins PSV quartet
Brazilian logistics operator Wilson Sons has signed a contract with Petrobras to build and operate four platform supply vessels, Wilson Sons said in a filing to Brazil's stock market regulator CVM. The vessels, PSV 4500s, will be delivered by 2015...
2012-03-14 07:27:43
Offshore Occupy 61%: Big4
Due to stagnant ordering for commercial ship prolonged and boom in offshore energy development, major shipbuilders are focusing on offshore market. South Korean Big4's offshore order proportion of their entire order intake this year, such as offsh...
2012-03-14 07:06:23
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