Offshore
STX OSV lands PSV's
STX OSV Holdings Limited ("STX OSV"), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. ...
2011-11-01 07:43:02
Hoegh extends Hyundai FSRU options
Norway’s Hoegh LNG has pushed back the expiry dates for two optional floating LNG storage and regasification units (LNG-FSRUs) at Hyundai Heavy Industries. A Hoegh spokesman says the expiry dates on the FSRUs have been extended to mid-December ...
2011-10-31 07:31:50
Sembcorp lands VL conversion
Sembcorp Marine has secured its second VLCC conversion deal in a month. Singapore-listed SembCorp’s Sembawang Shipyard will complete the contract for ExxonMobil unit, Mobil Cepu, a statement says. The yard will collect $300m for the enginee...
2011-10-31 07:04:04
ODC repair & offshore hub
Oman Drydock Company revealed that it was putting its all efforts to expand repair/conversion and offshore plant market for the Middle East and Southwest Asia, including India and planned to extend into newbuilding business when industrial infrastruc...
2011-10-31 06:39:42
Nobu Su's innovative LNG-FPSO
Taiwanese shipowner Nobu Su plans to offer a fleet of floating liquefaction (FLNG) units (LNG-FPSOs) to the market by converting Today Makes Tomorrow’s fleet of eight Very Large Oil/Ore Bulk Carriers (VLOOs), using a new design that aims for ‘zer...
2011-10-28 08:35:01
OSX secures $850m loan
OSX Brasil has secured an $850m loan that will be used to build and install the second of its floating production, storage and offloading vessel (FPSO) newbuildings. The shipbuilding and offshore storage wing of Eike Batista’s EBX group says th...
2011-10-28 07:40:26
STX mulls sale of STX OSV
South Korea's STX Group is considering selling a 50.7 percent stake its European unit STX Europe holds in STX OSV Holdings, a Singapore-listed offshore vessel builder, a deal expected to top KRW 500 billion won ($442 million). If management right...
2011-10-28 07:26:38
Sinopacific Top in OSV
On the afternoon of October 26, Sinopacific Shipbuilding Group, China's leading shipbuilding enterprise held the ship naming and delivery ceremony at its Zhejiang shipyard for SX130, the global first fabricated model of Offshore Support Vessel (OSV) ...
2011-10-27 08:12:52
Saipem profit slips
Profit dropped slightly at Saipem in the third quarter as costs increased in the three months to September. Net profit for the latest quarter was EUR 225 million as against EUR 227 million. Revenues, however, soared from EUR 3.16 billion to EU...
2011-10-27 08:03:41
Cheniere-BG LNG deal
UK giant BG Group has agreed to buy 3.5 million tonnes per year of LNG from Cheniere Energy in a 20-year deal. The deal sent shares of Cheniere soaring. It is the first sales deal the company has secured since it got permission from the US govern...
2011-10-27 08:00:10
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