Malaysian wins OSV and tug orders
Malaysian shipbuilder Coastal Contracts Bhd has secured orders for two offshore support vessels and a tug in a deal worth $19.7m. “The predominantly weak and volatile global market conditions are not deterring Coastal Group from securing new con...
CCCC signs two offshore platforms
The Fourth Harbor Engineering Company of CCCC (China Communications Construction Company) has signed a contract with a domestic shipowner for the construction of two 12,000-bp offshore platforms for some 200m yuan ($29m) on August 5th. Guangzhou Hang...
Petronet LNG to buy LNG carriers
Petronet LNG, an Indian LNG importer/seller, announced on August 10th that it has signed a contract with international oil major ExxonMobil to purchase LNG. The deal calls for Petronet to buy 1.5 million tons of LNG per year over 20 years that is...
Aker Solutions’ orderbook swells
Norwegian offshore engineering and construction company Aker Solutions bucked the trend of falling oilfield demand by increasing its orderbook almost 20% to NKr62bn ($10.3bn). The Oslo-listed engineering group gained NKr20bn of contracts in the secon...
Samsung builds 10 LNG-FPSOs for Shell
On July 29th, Samsung Heavy Industries (SHI) announced that Royal Dutch Shell PLC had selected SHI, along with its French consortium partner Technip, as prime contractors for the construction and long-term supply of LNG-FPSOs. A basic contract was si...
US LNG imports to jump 40%
US imports of LNG are now forecast to be more than 40% higher this year than in 2008, but are still expected to be comfortably below the record level of 2007. The US Energy Information Administration predicts LNG imports will this year rise to 50...
Ras Laffan 3 announces start-up of Train 6
One of the world’s largest liquefaction trains has been completed in Qatar and will provide employment for a fleet of 12 LNG carriers. Ras Laffan Liquefied Natural Gas (3), or Ras Laffan 3, has announced the completion and start-up of Train 6. ...
Japan preoccupies LNG newbuilding ?
Japanese major shipbuilders are making full preparations for international LNG carrier newbuilding tenders to be floated in the second half of the year. According to local reports, the country’s big shipbuilders, including Mitsubishi Heavy Indus...
BP cancels rig newbuilding charter
BP has reportedly cancelled its charter of a rig newbuilding due to extensive delivery delays at China’s Yantai Raffles. The rig, the COSLPioneer, is already a year behind schedule. It is owned by China Oilfield Services Ltd (COSL) which acquire...
Keppel signs S$85m new contracts
Keppel Offshore & Marine has forged SGD 85m ($58.7m) worth of new contracts with repeat customers, the yard group's parent said Tuesday. Keppel Shipyard in Singapore bagged two of the deals, including a refurbishment and life extension of a floati...
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