Offshore
Daewoo to score additional rigs
South Korea's Hi Investment & Securities forecasts that Daewoo Shipbuilding & Marine Engineering would contract additional newbuilding rigs and raised target share price to KRW 40,000 ($35.5) from KRW 38,000, on March 13. Hi's analyst Huh Sung-Duk...
2012-03-13 11:58:12
MHI applies air bubble to AIDA cruiseships
Carnival Corporation's AIDA Cruises subsidiary has released more details about the two 3,250 passenger cruise ships that it has on order at the Nagasaki Shipyard of Japan's Mitsubishi Heavy Industries (MHI) for delivery in 2015 and 2016. AIDA mana...
2012-03-13 08:06:36
Jurong pens semi-sub vessel
NYSE-listed Helix Energy Solutions Group, Inc. announced Monday that it has signed a contract with Sembcorp Marine's subsidiary Jurong Shipyard in Singapore for the construction of its newbuild semi-submersible well intervention vessel previously ann...
2012-03-13 08:00:07
Aruba FSRU preferred bidder?
A decision is expected shortly on the provider of an LNG-FSRU for Aruba in the Caribbean. US refiner Valero, the project developer, is understood to have been in talks with four companies including Hoegh LNG, Excelerate Energy, Golar LNG and Teek...
2012-03-12 08:18:31
Subsea race for ONGC
At least four offshore contractors are gearing up to bid in a tender by India’s Oil & Natural Gas Corporation covering subsea pipelines and installation of umbilicals and subsea control systems. The subsea project is for the S1 and Vashishta dee...
2012-03-12 08:02:39
Asakawa wins LPG trio
Singapore's Komaya Shipping is said to have signed up for three 11,000-cbm LPG carriers at Asakawa Shipbuilding in Japan. The trio is set for delivery in the second half of 2013 with sources suggesting an order price of $34m to $35m apiece. T...
2012-03-12 07:46:06
Exxon spend $185bn in E&P
ExxonMobil said Thursday that it will spend about $185 billion over the next five years to find more oil and natural gas to meet an expected increase in global energy demand. CEO Rex Tillerson said huge investments are needed to expand the supply ...
2012-03-09 14:43:49
Austal completes Sea Fighter maintenance
In conjunction with prime contractor BAE Systems Southeast Shipyards Alabama, Austal USA, has completed a four-month drydocking and shipyard availability for the Sea Fighter (FSF-1). The Panama City, Fla., based Sea Fighter is an aluminum catamara...
2012-03-09 07:57:52
Maersk secures semi-sub deal
Maersk Drilling has signed a contract with Enigma Oil & Gas (Pty) Limited - a wholly owned subsidiary of Chariot Oil and Gas Limited - for the ultra deepwater semi-submersible MAERSK DELIVERER for work on the Tapir South prospect offshore Namibia. ...
2012-03-09 07:34:58
'Ichthys FPSO' contract signing
Daewoo Shipbuilding & Marine Engineering and INPEX held a contract signing ceremony for Ichthys FPSO in Australia on March 8. The floating production, storage & offloading unit costs around $2bn and is Daewoo's second largest FPSO order intake af...
2012-03-09 06:55:02
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