Offshore
Seadrill bags jack-up deals
Norway's Seadrill has secured three-year contracts for two of its jack-up drilling rigs. The Oslo-listed owner says Middle Eastern energy syndicate AL-Khafji Joint Operations (KJO) has picked up the West Triton and Offshore Resolute (both built 2...
2011-08-10 06:58:42
Korea supports LNG-FPSO R&D
Starting from September, technology development for LNG-FPSO is promoted as South Korea's policy. The project, one of core tasks for securing global top 5 competency in LNG plant business, will be conducted with KRW 26bn ($24m) budgets for five ye...
2011-08-10 06:17:04
Shipbuilding keeps order momentum
Shipbuilding industry is predicted to maintain order momentum from continued investment of its largest clients, oil majors. Researcher Uhm Kyung-Ah from Shinyoung Securities in South Korea forecast: "In concern that crisis of nonmonetary instituti...
2011-08-09 15:09:37
Brazil local content "should lower"
Sete Brasil said government expectations about national content requirements for building the rigs (drillships), platforms and ships needed to develop its massive offshore oil reserves were "unrealistic". Sete (Seven) Brasil is the newest Petrobra...
2011-08-09 07:38:30
Vietnam yard bags 2nd jack-up
After the successful project of constructing the first 90 meter jack-up rig in Vietnam, PV Shipyard was appointed by Petrovietnam to build another 90 meter jack-up rig and a new tender barge. Vietsovpetro is the project owner of the second made-in...
2011-08-09 07:06:49
L&T inks subsea orders
India's Larsen & Toubro (L&T) wins three subsea contracts worth $889 million in the United Arab Emirates and Thailand. The first contract was awarded by Abu Dhabi Marine Operating Co for engineering, procurement, construction and installation wor...
2011-08-09 07:03:22
SembCorp wins jack-up duo
SembCorp Marine has won two jack-up rig orders worth $444m from US-based drilling contractor Noble, which took out options on the rigs. The two orders take the number of Noble rigs under construction at the Singapore-listed rig builder’s Jurong ...
2011-08-08 07:11:55
SWS nets first jack-up
Shanghai Waigaoqiao Shipbuilding has sealed an order to build its first jack-up rigs. Oslo-listed Prospector Offshore will pay $209m for each of the two harsh environment units which are due to be handed over in the first and second quarters of 2...
2011-08-08 07:05:10
Keppel wins $195m jack-up
World’s largest offshore drilling contractor Transocean has exercised option for third jack-up newbuilding at Keppel. Singapore-listed Keppel Corp has won a $195m order for a third jack-up rig based on its proprietary Bigfoot design from Transo...
2011-08-08 06:59:35
Pertamina's 2nd LNG-FSRU
Indonesia's Pertamina has invited companies to express their interest in providing what would be the company’s second floating LNG-import terminal. Pertamina is dubbing the project the East-Central Java terminal and plans to locate what is expe...
2011-07-29 08:06:07
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