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Offshore
Flex extends Samsung FLNG
Flex LNG gets a temporary extension into early January of its preliminary agreement with Samsung Heavy Industries on its first floating LNG Producer (LNG/P) unit. The LNG-FPSO is targeted at InterOil Corp and Pacific LNG Operations’s Gulf LNG p...
2011-12-26 07:46:27
Petrobras ditches rig tender
Petrobras announced that it has canceled a much-delayed tender to buy 21 deepwater drilling rigs to be built domestically in Brazil. The state-run Brazilian oil giant said it would instead open direct negotiations with two suppliers – Ocean...
2011-12-26 07:29:31
Korea offshore tech R&D
Hicel and HLB of South Korea announced on 22 December that their affiliated Bada Heavy Industries was selected to participate in core technology development in preparation for offshore plant high-risk accident of 'Industry-incorporated Original Techn...
2011-12-23 10:58:01
Keppel upgrades jack-up rig
Kenai Offshore Ventures (KOV) has picked Keppel to carry out repair and modification work to its newly acquired jack-up rig Endeavour. The rig has just been dry docked and is undergoing the first stage of the work, which is expected to be complet...
2011-12-23 08:05:48
Keppel inks semi-sub rig
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has secured a contract worth approximately US$809 million from Urca Drilling B.V., a subsidiary of Sete Brasil Participações S.A. (Sete Brasil), for t...
2011-12-23 07:45:21
Excelerate firms up LNG-FSRU
Excelerate Energy has firmed up a deal with the Puerto Rico Electric Power Authority to provide an LNG floating storage and regasification unit off the southern coast of the Caribbean nation. The US-based regas specialist is teaming up with PREPA...
2011-12-23 07:29:38
OSV demand to rise 10%
Demand for offshore supply vessels is projected to increase at annual growth rates of 9% to 10% year-on-year in the next two years. Germany's DVB Bank analysts said they expect demand for anchor handling tug supply (AHTS) vessels to increase by 9....
2011-12-22 08:09:38
Statoil eyes giant spar platform
Statoil is reportedly set to develop the Luva field in the Norwegian Sea using a giant spar platform that could be the world’s largest such facility. Although the company is due to make a formal concept decision in January, an impact assessment ...
2011-12-22 07:53:50
Daewoo wins semi-sub rig
Daewoo Shipbuilding & Marine Engineering revealed Wednesday that it has inked a semi-submersible rig with an un-identified European client. Daewoo reveals the newbuilding has a price tag of KRW 727.3bn ($621.9m) and will be delivered by May 15th ...
2011-12-22 07:41:16
Dyna-Mac secures offshore facilities
SGX Mainboard-listed Dyna-Mac Holdings Ltd., a multi-disciplinary specialist provider of detailed engineering, procurement and construction services ("EPC") to the offshore oil and gas, marine construction and other industries, has secured orders wor...
2011-12-21 08:21:13
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