Offshore
Korea vs China: Nigeria FPSO
In a tender for $2bn FPSO newbuilding for Nigeria Egina oil field, three parties are now in a competition, including South Korea's Hyundai Heavy Industries, Samsung Heavy Industries and China's Dalian Shipbuilding Industry Company (DSIC) in a consort...
2011-09-02 11:25:48
Excelerate to order more LNG-FSRUs
Excelerate Energy of the US is in talks with shipyards about ordering additional LNG-FSRUs as it looks to expand its fleet to meet upcoming project requirements. Company president Rob Bryngelson said: “Things are under negotiation. We are looki...
2011-09-02 10:38:30
Daewoo awaits Awilco LNG options
Norway's Awilco LNG is due to make a decision on optional yard berths this month where it has the choice of moving ahead with additional LNG carrier newbuildings or LNG floating storage and regasification units (LNG-FSRUs). Awilco said in a state...
2011-09-02 10:30:20
Hyundai wins 10th drillship
Hyundai Heavy Industries wins a total of 10 drillships to date this year as Noble firms up an additional option at the South Korean shipyard. Noble Corporation Thursday announced that a subsidiary has exercised its option with Hyundai Heavy Indust...
2011-09-02 06:46:46
Daewoo's FPSO hit first oil
South Korea's Daewoo Shipbuilding & Marine Engineering had a successful first experimental production of "Pazflor FPSO" from Total of France in Angola. Daewoo had won an newbuilding contract for FPSO with turn-key base in Dec 2007 and will delive...
2011-09-01 10:26:48
Hoegh LNG deeper into red
Hoegh LNG posts loss during the second quarter despite increased sales. Higher expenses led the company, which listed in Oslo earlier this year, further into the red. Hoegh's loss deepened to $2.7m from $1.5m during the same quarter last year...
2011-09-01 07:06:24
Remontowa wins PSV trio
GulfMark Offshore, Inc. reports the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consist of two 1,000 square meter deck area platform supply vess...
2011-09-01 06:46:15
Daewoo to win LNG-FPSO
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) establishes a joint venture for Papua New Guinea (PNG) gas field project in the beginning of Sep. DSME E&R, DSME's affiliated company specialized in resources development, plans to sign...
2011-09-01 06:17:22
HHIC-Phil in $1bn expansion
Hanjin Heavy Industries & Construction-Philippines (HHIC-Phil), the country's largest shipbuilder, announced that it will undergo a USD1 billion program designed to accomodate shipbuilding offers that may come from the Malampaya exploration activitie...
2011-08-31 07:38:58
P+S wins offshore install vessel
German shipbuilding group P+S Werften won an order for another offshore vessel for Offshore Installation Group. The order is worth “a three-digit million euro figure”, the group said. “The special segment of large offshore installation vesse...
2011-08-31 07:17:35
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