Offshore
Rig market getting tighter
Transocean sees better demand for its most capable rigs and those working in the mid-water market, while the standard deep-water market remains oversupplied. "As the supply tightens in both the ultra-deepwater and mid-water markets, we expect to ...
2011-05-06 08:08:33
SBM posts less turnover
SBM Offshore said revenue dropped 5% to $683m in the first quarter, from $722m the year before. SBM blamed its underperforming turnkey services segment for a slow start to the year, though it expects a higher utilization rate of two of its vessel...
2011-05-06 07:48:12
ABS new Offshore Technology Center in China
Classification society ABS and its Chinese partner have jointly established a new center to focus on technological research for offshore facilities. ABS and Shanghai's Jiaotong University (SJTU) have set up the ABS China Offshore Technology Cente...
2011-05-06 07:42:22
Ukraine yard wins PSV
Havyard Global Solutions has signed a contract for the delivery of design and production drawings for the construction of a Havyard 832 CD platform supply vessel (PSV). The hull of the ship is to be built at JSC Shipyard Zaliv, Ukraine, and compl...
2011-05-05 07:20:30
Asian 4 vie for Statoil rigs
Norway's Statoil is sending out an invitation to tender for a new type of drilling rig. Four Asian shipyards are in the running. Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering of South Korea, and Singapore’s Keppel FELS a...
2011-05-05 07:17:32
Keppel pens two rigs
Qatar’s Gulf Drilling International has booked two rigs at Keppel FELS in Singapore. The company said the first unit would be rolled out in the third quarter of 2013. The second rig will follow 12 months later. GDI did not reveal the newbui...
2011-05-05 06:48:31
China releases Offshore Development Plan
China is expected to center on developing the offshore industry, which is at the initial stage of growth, according the 2011 China Ocean Development Report released on April 29 by the State Oceanic Administration of the People's Republic of China. ...
2011-05-04 15:15:43
Lamprell secures upgrade orders
Lamprell, the Middle East offshore vessel builder, has won a series of jack-up rig refurbishment contracts worth $57m in total. These projects include contracts valued in aggregate at $14.7m for Nabors International rigs 655 and 656, the UK liste...
2011-05-04 07:53:01
STX OSV expands capacity in Brazil
Singapore-listed STX OSV expects to triple its shipbuilding capacity in Brazil to as many as 10 vessels per year by 2013, when its second yard is slated to be fully operational. Analysts said the additional yard could improve the company’s capa...
2011-05-04 07:50:16
COSCO to build compact drillship
China's COSCO (Dalian) Shipyard Co. Ltd. has awarded Norwegian naval architect firm Inocean a contract for development and basic design of a new compact ultra deepwater drillship, INO-80, suitable for global operation. The design is being introdu...
2011-05-04 07:38:08
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