Offshore
Qatar in LNG-FSRU conversion
Qatar looks poised to convert a large LNG carrier into a floating storage and regasification unit (FSRU). Producer Qatargas announced it has signed a heads of agreement (HoA) to supply five million tonnes per annum (mtpa) of LNG to Argentina’s ...
2011-07-05 07:18:37
Rowan mulls more orders
Rowan Companies executive vice-president Mark Keller believes the offshore market can absorb more new rigs and drillships. “We have about 50% of the high-spec rigs that are operating in the world today. As this market continues to bifurcate we t...
2011-07-04 07:39:13
Keppel pens 3rd jack-up for AOD
Keppel FELS Limited's ("Keppel FELS") repeat customer, Asia Offshore Drilling Limited ("AOD") has exercised its first of two options to build a KFELS B Class jackup rig worth US$184 million. The effectiveness of this first option is subject to AO...
2011-07-04 06:44:36
Teekay-ordered Samsung FPSO fixed
On June 30, Teekay Corporation (Teekay or the Company) announced that it has entered into an agreement with BG Norge Limited (BG) to provide a floating production, storage and offloading (FPSO) unit for the Knarr oil and gas field located in the Nort...
2011-07-04 06:35:17
USC-Sapiem to set up JV
Russia's United Shipbuilding Corporation (USC) and the Italian company Saipem SA are developing a project of a new joint venture, USC head said Thursday. President of state-owned USC Roman Trotsenko told reporters the process of establishing a n...
2011-07-01 08:21:44
Hoegh LNG bags $120m
Hoegh LNG has secured NOK 650m ($120m) from its curtailed Oslo IPO. The shipowner wrapped up the sale of 17.09 million shares at NOK 38 apiece despite difficult market conditions, it says in a statement. Its offer purse could swell by a furth...
2011-07-01 07:39:18
Korean cruise order bonanza
Despite the overall shipbuilding industry is facing a downturn worldwide, South Korean shipbuilders have continued to win massive new orders in the first half of the year. Amid high oil prices offshore plant orders increased and LNG carriers and l...
2011-07-01 07:31:45
Hyundai's drillship into 'East Sea'
South Korea is set to drill a deep-sea oil and gas field for the first time. Hyundai Heavy Industries announced today that the drillship which was ordered by Deepsea Metro in February 2008 and of which construction was completed recently at Hyunda...
2011-06-30 12:37:16
Aker, deeper into 'Subsea'
Aker Solutions has acquired 70 percent of the Norwegian companies Ing. Harald Benestad AS (Benestad) and Phaze Technologies AS, leading suppliers of controls and power distribution products and advanced instruments for subsea applications. Benestad a...
2011-06-30 07:49:07
Keppel wins Brazilian orders
Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)'s new 7.6-ha shipbuilding facility in the state of Santa Catarina, has secured two newbuild contracts worth about S$140 million from fleet operators in Brazil. The fi...
2011-06-30 07:03:37
Start  Prev  671  672  673  674  675  676  677  678  679  680  Next  End