Offshore
Upcoming FPSO Era
Surging oil prices could see demand surpass supply in the offshore supply sector in the next few years, according to Aker Floating Production. “The FPSO industry is likely to head into its most active period since 2005 and 2006,” Aker said. ...
2011-02-17 07:12:00
Mitsubishi wins $1bn order
Seismic survey specialist Petroleum Geo-Services ASA went to Mitsubishi Heavy Industries with a $1bn newbuilding order. Oslo-listed PGS has signed a Letter of Award with Mitsubishi Heavy Industries for the delivery of two Ramform W-class vessels,...
2011-02-17 06:46:09
Seadrill spins off harsh-environment unit
John Fredriksen’s Seadrill plans a $1.7bn spin-off of its harsh environment drilling arm with the aim of completing a full Oslo listing this year. Named North Atlantic Drilling, the division will take over six Seadrill rigs and is in the final ...
2011-02-16 06:59:27
Maersk inks jack-up rigs
Maersk Drilling has ordered $1.2bn jack-up rig newbuilding pair at Keppel FELS of Singapore. The Danish offshore arm of the AP Moller Maersk Group says it expects the first rig to hit the water at the end of 2013 with the second unit following se...
2011-02-16 06:34:21
Keppel wins 4+4 Jack-up rigs
Singapore's Keppel has won two newbuilding contracts from America's drilling-specialized Hercules Offshore and from America's Ensco to build two jack-up rigs respectively. The two newbuilding contracts include two optional vessels respectively as...
2011-02-15 10:11:29
STX OSV wins PSV
STX OSV, subsidiary of Korea's STX Offshore & Shipbuilding, is said to have won a newbuilding contract to build one PSV ((Platform Supply Vessel) from one of the global shipowners. The hull of the unit will be built at the Rumania-based shipyard ...
2011-02-15 09:30:31
Hercules acquires rigs from Seahawk
US drilling contractor Hercules Offshore has beefed up its fleet of jack-up drilling rigs following the acquisition of assets controlled by bankrupt owner Seahawk Drilling. Nasdaq-listed Hercules says it snapped up 20 units in exchange for 22.3 m...
2011-02-15 07:08:12
ABG wins $660m orders
Indian shipbuilder ABG Shipyard expects fresh orders up to 30 billion ($660m) rupees by December, a bulk of it coming from the booming offshore and defence sectors, a top official said. "We are getting quite a bit of enquiries. Before the end of t...
2011-02-15 07:00:24
Lloyd Werft wins cable-laying vessel
Germany’s Lloyd Werft has won an order for a specialist cable-laying vessel from Beluga Group with plans for a second. The owner, best known for its project and heavylift-cargo fleet, has won a contract from NKT Cables to lay high-voltage subma...
2011-02-14 08:10:28
Fred Olsen orders wind farm crewboats
Norwegian shipbuilder Batservice Mandal has won an order for four crewboats from compatriot Fred Olsen group as the owner bolsters its wind farm operations. The Fred Olsen Windcarrier unit has signed up with Batservice Mandal for the ships, which ...
2011-02-14 07:17:43
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