Offshore
China releases offshore stimulus plan
On October 18th, Chinese government formally issued new stimulus plan to speed up development of strategic emerging industries. To develop high end manufacturing industry, especially offshore plant industry, became the key words in the plan. ...
2010-10-21 01:00:54
Lamprell inks jack-up rig
Russia's Eurasia Drilling Company looks set to order a jack-up rig newbuilding at UK listed offshore yard group Lamprell. The Russian company has signed a letter of intent with UAE-based Lamprell to build the new rig for use in the Caspian Sea. ...
2010-10-20 08:21:31
BMT N.G. designs Wind Farm Support Vessels
The U.K.'s Turbine Transfers Ltd. has chosen BMT Nigel Gee Ltd as the designers of its new series of multi-purpose Wind Farm Support Vessels. Holyhead-based Turbine Transfers Ltd. is a wholly owned subsidiary of Holyhead Towing Company and operat...
2010-10-19 08:19:26
Croatia mulls LNG-FSRU option
Croatia's state-owned gas pipeline operator Plinacro plans to install a floating liquefied natural gas terminal as a temporary replacement for a much bigger but delayed LNG project. "We are now waiting for a formal approval from the government to...
2010-10-19 08:14:40
Sembcorp signs for $1bn new rigs
Sembcorp Marine's Jurong Shipyard has inked a newbuilding contract with Norwegian deep-water drilling company Seadrill to build up to six jack-up offshore drilling rigs potentially worth $1bn. The deal comprises firm orders for two turnkey jack-up...
2010-10-19 07:47:34
Beluga Hochtief to pen more wind-farm ships
Beluga Hochtief Offshore indicates it is moving toward placing an order for a second high-value wind-farm installation vessel. A newbuilding contract worth approximately EUR 200m ($277m) was penned recently with Polish builder Crist and now Henne...
2010-10-18 07:40:34
ABG wins $82m offshore vessels
India’s ABG Shipyard has pulled in orders totalling over $82m from Qatari and Italian owners for offshore vessels. A company jointly owned by Qatar Shipping and Qatar Navigation is behind the bigger of the two orders while Marnavi of Italy is sp...
2010-10-18 07:29:11
Technip invests in MMHE
French offshore outfit Technip has invested over $160m in MISC’s shipbuilding wing during its IPO. As part of the pact Technip has also agreed to share technical expertise with Malaysia Marine & Heavy Engineering (MMHE). Technip is paying a sli...
2010-10-18 07:24:52
Chinese offshore plant: Unknown future
The gold miner is likely to be a millionaire or face bankruptcy. However those who provide jeans and tools to gold miners will surely become rich. China intends to exploit marine oil by home-made equipments. But the story seems not so simple. ...
2010-10-18 01:02:17
Berg inks Brazilian equip deal
Berg Propulsion has made a significant new breakthrough into the fast-growing offshore vessel construction market in Brazil, just a few months after establishing a regional office in Rio de Janeiro, Brazil’s shipping capital. Berg has secured a con...
2010-10-15 08:23:53
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