Offshore
Shell & Chevron to order gas platform
Shell and Chevron are reportedly on the verge of inking a huge $1bn deal for a newbuild gas platform for a large scale project off the Philippines. Expansion of production capacity at the Malampaya field off the centre of the island nation will a...
2011-07-25 07:52:17
Shell into Abadi LNG-FPSO
Japanese operator Inpex has sold a 30% stake in the Abadi floating liquefied natural gas project off Indonesia to Shell. The Abadi gas field, in the Masela block, will be developed using an FLNG solution, with an annual production rate of 2.5 mil...
2011-07-25 07:49:52
MODEC secures OSX-3 FPSO
MODEC, Inc. (MODEC) announced on July 22nd that OSX 3 Leasing B.V. has signed an EPCI contract for the supply of the OSX-3 FPSO, a Floating, Production, Storage, and Offloading (FPSO) unit to be utilized within block BM-C-39 of the Campos Basin, offs...
2011-07-25 06:37:56
BG delays LNG carrier order
BG Group is delaying making decision on plans to order several LNG-carrier newbuildings in China. BG had been expected to start making a move on orders for at least two vessels at Chinese shipyards after sealing a huge 3.6-million-tonne-per-annum...
2011-07-22 08:18:26
Dubai yard wins newbuilds
Dubai-based Grandweld Shipyard won an order for six 58-metre seismic-support vessels from Frence's Bourbon. Bourbon holds options for two further vessels. The ships are being built to a custom design drawn up by OSD-IMT, the UK arm of Offshore Sh...
2011-07-22 08:11:17
Keppel inks SGD7.4bn orders
A record order intake has boosted the orderbook of Keppel Corp’s offshore and marine division to SGD 9.1bn ($7.5bn) with deliveries extending into 2014. Net profit of Keppel Corp for the first half was 7% ahead of the same period of last year a...
2011-07-22 07:33:36
Siemens equips windfarm vessel
J. J. Sietas KG of Hamburg is the first German shipyard to build an installation vessel for the erection of offshore wind farms. Siemens Marine Solutions will supply the ship's diesel-electric propulsion and automation system as well as the mediu...
2011-07-21 07:38:08
Otto extends horizons
Otto Marine has bagged three new time-charter contracts worth $15m for offshore support vessels operated by Karp Marine. The three vessels include the 4,200-bhp Oranda 1 (built 2011) a work maintenance vessel, which has been chartered to Leighton ...
2011-07-21 06:50:53
27 LNG carriers penned in H1
Orders for new LNG carriers have swelled by more than 400% in the first half of 2011. Clarksons counts 27 new LNG carriers penned between January 1st and the end of June, dwarfing five contracts signed in the whole of 2010. Clarksons Andrew Co...
2011-07-21 06:32:21
Golar to win LNG-FSRU projects
Expectations Golar LNG will land up to four regasification projects this year has led Lazard Capital Markets to boost its earnings outlook for the company. In a note to clients analyst Urs Dur said: “The global FSRU market has approximately 25 ...
2011-07-20 07:15:36
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