Offshore
Samsung pens 7th drillship
Samsung Heavy Industries scored its seventh drillship order this year. The South Korean shipbuilder announced in a regulatory filing today that it is continuing its drillship securing spree with an order to build a new $608m ultra deep-water dual...
2011-04-28 10:50:12
Jumbo subsea installation project
Jumbo Offshore's DP2 offshore heavy lift vessel Fairplayer will next month install four subsea protection structures for production flowlines at 600 m water depth in the Laggan & Tormore fields. These gas condensate fields, owned by Total and Don...
2011-04-28 07:57:16
Indian shipbuilding to rise
The Indian shipbuilding and repair market is estimated to double from its 2010 revenue of $1.6 billion in the next five years. The primary driver of this growth will be increasing penetration of Indian shipbuilders and repairers in the offshore su...
2011-04-28 07:53:44
Ensco & Pride to merger
Shareholders of New York-listed Ensco and Pride International will vote on their proposed $7.3bn merger on May 31st. The pair announced in February that London-based Ensco will takeover Pride to create the world’s second-largest offshore drilli...
2011-04-28 07:10:35
KBR wins semi-submersible design
Houston-based KBR has won a detailed design engineering contract from Chevron for the Jack-St Malo floating production unit in the Gulf of Mexico. KBR will design and engineer foundations for the deep draft semi-submersible’s hull, deck box, ac...
2011-04-27 07:36:58
Samsung benefits most from offshore
Korea's Samsung Heavy Industries is believed to be the biggest beneficiary of the industrial improvement of the shipbuilding industry moving its center to the offshore plant sector. True, Samsung is recognized worldwide as the strongest offshore f...
2011-04-27 06:50:56
Daewoo CEO stresses 'Subsea'
"Subsea sector will be the key to securing a differentiated competitiveness in the future" Nam Sang-tae, chairman of the Korea Shipbuilders' Association (Koshipa) and president of Daewoo Shipbuilding & Marine Engineering, has recently revealed, th...
2011-04-27 06:49:16
Owners back to newbuild
Shipowners are returning to shipyards for newbuilding orders. According to the latest weekly report from Golden Destiny, the past week ended with 63 orders in total, equalling a total invested capital around $4.6 billion, 35 transactions reported ...
2011-04-26 07:55:20
Jurong, winner of Golar LNG-FSRU
Singapore's Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$20 million contract from Golar LNG Energy to convert the LNG Khannur, a Liquefied Natural Gas (LNG) tanker, to a Floating Storage and Regasifica...
2011-04-26 07:25:04
IHIMU new offshore WT floating system
Japan's IHI Marine United (IHIMU) developed a new low-motion floating body for offshore wind turbines. Developed in a joint project with the University of Tokyo, it can reduce motions as compared to a conventional cylinder-type spar floating body....
2011-04-25 07:47:38
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