Offshore
Colombo wins four MPSVs
Sri Lanka's Colombo Dockyard reports that it has signed contracts for the construction of four 78 m Multipurpose Platform Supply Vessels (MPSV) each with a 3,600 deadweight capacity. The orders come from a Singapore based owner and the price has ...
2011-08-26 08:26:22
Saipem leads Petrobras LNG-FPSO
Saipem emerges as the front-runner to supply Petrobras with an LNG-FPSO (floating LNG production, storage and offloading vessel) to handle gas from Brazilian pre-salt fields. Exact prices and overall commercial viability are yet to be revealed. Pe...
2011-08-26 08:14:05
Rising China: Offshore
Chinese Shipbuilders' offshore newbuilding orders from the end of Q3 to Q4 are predicted to increase, in times when South Korea and Singapore yards are taking most of newbuilding orders in Offshore field. An official from ABS (The American Bureau...
2011-08-26 06:43:53
Daewoo wins LNG-FPSO FEED
Daewoo Shipbuilding & Marine Engineering Wednesday announced that the consortium comprising Daewoo and France's Technip has signed a FEED (Front-End Engineering & Design) contract for Malaysia's LNG-FPSO. The South Korean shipbuilder added it is p...
2011-08-25 07:07:53
Sembcorp, Keppel downgrade
Daiwa Capital Markets has downgraded oil-rig builder Sembcorp Marine to hold from outperform and cut its target price to S$3.81 from S$6.05. The brokerage also lowered its target price for Keppel Corp to S$10.24 from S$13.69 and kept its outperfor...
2011-08-25 06:56:47
COSCO builds Shuttle Tanker
China's COSCO Nantong Shipyard delivered the 105,000-dwt shuttle tanker M/T Recife Knutsen to Knutsen NYK Offshore Tankers AS (KNOT) on August 3rd, 2011. Like her sister vessel M/T Fortaleza Knutsen, that was delivered from the yard March 30th thi...
2011-08-25 06:44:15
Keppel extends rig option
Keppel Fels has agreed to give Discovery Offshore more time before it needs to decide whether or not to exercise its rig construction option with the Singapore shipyard. Discovery awarded Keppel a $416 million contract earlier this year for two h...
2011-08-24 07:25:07
Petronas invests in offshore gas
Malaysia’s state-run energy firm Petronas is embarking on a MYR 15 billion ($5 billion) project to develop gas reserves from a cluster of fields in the North Malay basin. Petronas said the project involved nine fields in Blocks PM301 and PM302 ...
2011-08-24 07:22:14
GSI H1 results fall
Guangzhou Shipyard International’s first half profit has fallen by almost one quarter in the face of declining margins and rising costs. GSI, the Hong Kong and Shanghai-listed affiliate of China State Shipbuilding, which has set up a task force...
2011-08-24 06:52:13
Russian offshore nuclear plant in stalemate
Russia, proceeding with the world's first project of offshore floating nuclear power plant construction, faces difficulty caused by a shipbuilder in charge of the project having managerial problem. Russian state-owned nuclear power company, Rosato...
2011-08-23 12:38:09
Start  Prev  661  662  663  664  665  666  667  668  669  670  Next  End