Offshore
Big3 keen fight for offshore
South Korea's Big three shipbuilders would have a cutthroat competition to win orders for offshore plant and LNG carrier, as massive investment on offshore resource development project is expected amid high oil price and rising demand for LNG. The Mi...
2012-01-27 11:24:29
Hyundai FSRU options "Viable"
Securing of the longest LNG-FSRU charter contract in history has raised hopes Hoegh LNG will exercise options on two newbuildings in South Korea. Oslo-listed Hoegh confirmed a potential 30-year charter for the first of its two vessels under const...
2012-01-27 07:50:36
MODEC develops LNG-FPSO
Mitsui Ocean Development & Engineering Co. (MODEC) has completed basic design for LNG-FPSO, in cooperation with Toyo Engineering and Air Products of the US. The medium size LNG-FPSO with annual production capacity of 1.7m-2m ton was successfully c...
2012-01-27 07:13:48
McDermott books $2bn subsea
McDermott International, Inc. reports that its Australian subsidiary has received and signed a letter of award for the Ichthys Gas-condensate Field Development subsea umbilical, riser, flowline ("SURF") project by INPEX. The contract value is in t...
2012-01-26 07:48:52
Hoegh FSRU eyes extension
Norway's Hoegh LNG could earn up to $1.4 billion over the next 30 years from its deal to provide a floating storage and regasification unit to Indonesia’s Perusahaan Gas Negara if extension periods are used. Hoegh signed a 20-year charter party...
2012-01-26 07:37:24
Sembcorp wins Brazil drillship
Singapore’s Sembcorp Marine has been linked to a new drillship order from Brazil. The company has reportedly clinched a deal from Sete Brasil. Investment banks Goldman Sachs and Nomura said in a report that the contract is worth nearly $800m...
2012-01-26 07:33:18
Hoegh awarded LNG-FSRU deal
Höegh LNG has been informed by AB Klaipedos Nafta that Höegh LNG has the winning tender offer for a new LNG floating storage and regasification unit in Lithuania. A mandatory standstill period according to the Law on Public Procurement o...
2012-01-25 07:46:05
Damen inks windfarm vessels
Damen Shipyards has booked a repeat order for two High Speed Support Vessels (HSSVs). The Netherlands yard will deliver the ships to Scottish offshore service provider Marineco in May and October this year. MarineCo took delivery of two simil...
2012-01-25 07:42:13
OSV prices hike
A rise in the price of top end anchor handlers helped push up the value of offshore support vessel newbuildings last year, Clarksons says. Secondhand OSVs are also carrying weightier tags than they were 12 months ago, according to the world’s l...
2012-01-25 07:39:33
Pertamina LNG-FSRU retender
Indonesia's Pertamina has canceled the bid process for its planned Central-East Java floating LNG import terminal and is putting the job out for re-tender. Golar LNG, Hoegh LNG, MISC, Excelerate Energy, etc. may re-bid. Pertamina has re-schedu...
2012-01-20 10:00:54
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