Offshore
Drillship Orders Continue
The speculative rush to build ultra-deepwater drillships is likely to slow down in the short-term market, but in the long run, drillship orders would go on steadily. The fast pace of ultra-deepwater drillship orders has been flagged by some offsho...
2011-05-31 06:48:39
LNG Enters Boom
As LNG carrier market is expected to recover fast, LNG carrier newbuilding orders are rising significantly both for shipping for gas field development projects and speculative orders for spot market. Conversions of already placed orders for tanker...
2011-05-30 07:07:02
Stena to order LNG carriers
New LNG-shipping entrant Stena Bulk plans to firm up another two LNG-carrier newbuildings in the next three months. Company president Ulf Ryder says Stena is likely to move forward on discussions it has been having with shipyards in South Korean ...
2011-05-30 06:41:31
Cosco may lose Sevan rig order
Shipbuilder Cosco Corp could suffer from a $1.05bn loss of contract to build two oil rigs from its customer Sevan Marine, which is currently facing severe financial difficulties. The Norwegian oil services group Sevan Marine said on Thursday it ha...
2011-05-30 06:37:47
Sovcomflot LNG newbuilding at Daewoo or STX ?
Sovcomflot is being tipped to order two 170,000-cbm LNG carriers after Gazprom Global LNG (GGLNG) concluded its newbuilding tender this week. Industry sources claim GGLNG made its choice on May 24 but still needs to win approval from group parent...
2011-05-27 12:27:53
Aker offloading systems for Brazil FPSOs
Norway’s Aker Solutions has secured a pair of contracts worth a total of Nkr120 million ($22 million) to supply offloading systems for two FPSOs to be used off Brazil. The award on the under-construction P-58 and P-62 floaters follows up the co...
2011-05-27 08:03:16
Drydocks inks platform order
UAE yard group Drydocks World has bagged an order for an offshore barge from an Indian company. Drydocks also pledged that it will be in the hunt for more such contracts with the Indian market in particular in its sights. Mumbai-based Afcons ...
2011-05-27 07:00:58
Cosco Nantong wins rig double
Singapore-listed Cosco Corporation said its 51% owned subsidiary Cosco Shipyard Group had won a $356m contract for two jack-up drilling rigs. In a filing to the Singapore exchange, the company said Cosco Nantong Shipyard, a subsidiary of Cosco Shi...
2011-05-27 06:58:13
Hellesoy wins another PSV
Vestland Offshore of Norway has returned to compatriot Hellesoy Verft for a new supply ship. Wartsila of Finland is providing the design and equipment for the VS 485 Mk III vessel, which it claims will be “one of the most cost and fuel-efficien...
2011-05-26 07:32:28
Samsung creates LNG-FPSO
As Royal Dutch Shell makes final investment decision on the world's first LNG-FPSO, South Korea's Samsung Heavy Industries embarked on the construction of the facility in earnest. The Prelude FLNG is the largest of its kind and is to start produci...
2011-05-26 07:14:00
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