Offshore
Lamprell inks jack-up pair
UAE-based yard group Lamprell has firmed up a pair of jack-up rig newbuilding options from Abu Dhabi-based National Drilling Company (NDC). The Super 116E class design mobile offshore drilling platforms, both LeTourneau designed, will be delivered...
2011-10-19 07:37:37
Atwood firms up Daewoo drillship
Atwood Oceanics announced on October 18, that on October 15, 2011, Alpha Eagle Company, a wholly-owned subsidiary of Atwood Oceanics, entered into a turnkey construction contract with Daewoo Shipbuilding & Marine Engineering (DSME) to construct an u...
2011-10-19 07:12:21
Offshore Forte
South Korea should keep an eye on rival countries, such as China, Japan, Brazil, Singapore, etc., chasing up Korea in an offshore plant market. Brazil won eight pieces of hull for FPSO totalling $3.46bn last year and is holding a local content pol...
2011-10-19 06:38:36
Hyundai extends drillship option
South Korea's Hyundai Heavy Industries has given an extension on the time limit on a $615m option to build a second deepwater drillship secured by Norwegian offshore contractor Fred Olsen Energy. Oslo-listed FOE says it has pushed back the previo...
2011-10-18 07:33:58
Atwood fixes rig newbuild
Atwood Oceanics has fixed a rig newbuilding up with a firm contract. The Texas-based rig owner has fixed its ultra-deepwater semi-submersible unit Atwood Condor to the US independent for almost two years. Hess is spending $329 million on the r...
2011-10-18 07:28:00
Offshore orders hopeful
Despite current global financial crisis, newbuilding order for offshore plant sector is forecast to continue for a while. Analyst Lee Sang-Hwa from Hyundai Securities revealed on October 17th, "Offshore market is hardly affected by financing, sinc...
2011-10-18 06:44:50
Daewoo order target achieved
South Korea's Daewoo Shipbuilding & Marine Engineering recently booked a drillship and a fixed offshore platform and exceeded its target new order of $11bn. Daewoo announced that it won a newbuilding order for fixed offshore platform for natural g...
2011-10-17 11:30:28
Hyundai enters LNG-FPSO
Taiwanese shipowner Nobu Su is progressing with his proposed Octopus8 floating LNG production unit (LNG-FPSO). A new arm of his Today Makes Tomorrow outfit, Bluesky FLNG Corporation, is working on the design of a 1.5 million tonnes per annum LNG ...
2011-10-17 07:29:17
Big3 to win more offshore
South Korea's Big3, Hyundai Heavy Industries, Samsung HI and Daewoo Shipbuilding & Marine Engineering, are expected to win additional new order for offshore plant during the last quarter as well. Analyst Lee Kang-Rok from Kyobo Securities said, "S...
2011-10-17 06:52:38
OFFSHORE KOREA initiative
"OFFSHORE KOREA 2012" is to be held in BEXCO, Busan on November 14-16 next year. "OK 2012" is hosted by Ministry of Economy Knowledge, Ministry of Land, Transportation, and Maritime Affairs and Busan city with special support from South Korea Big4, H...
2011-10-17 06:49:26
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