Offshore
Keppel wins $101m rig revamp order
Keppel Corporation has clinched contracts worth nearly $101m. Singapore-listed Keppel says its subsidiary, Keppel Fels, is ready to revamp a pair of semisubmersible drilling rigs, according to an exchange filing. The first deal involves the c...
2010-10-01 08:21:27
China offshore plant output hits $15bn
On September 26th, Zhang Xiangmu, Head of Ministry of Industry and Information Technology (MIIT) said in Shanghai that as international marine oil and gas exploitation stepped into deep sea are, the output value of Chinese offshore plants would hit o...
2010-09-30 01:56:01
Sinopec plans LNG terminal
China Petroleum & Chemical Corp. has revealed plans to build a liquefied natural gas terminal in Maoming, Guangdong province, an unidentified official at the Maoming Development and Reform Commission told C1 Energy. The company known as Sinopec ma...
2010-09-29 08:35:43
SembCorp lands FPSO conversion
SembCorp Marine has scored two contracts worth nearly $60m. Singapore-listed SembCorp will convert an ageing BW tanker into a floating production unit and also upgrade an FPSO for Dutch owner Bluewater Energy. SembCorp says conversion work on...
2010-09-29 08:27:04
DryShips lands drill contract
DryShips has removed some of the uncertainty surrounding the funding of its drillship newbuildings after securing a contract for one of the units. Boss George Economou says the charter with a US contractor will help the shipowner to finance the u...
2010-09-29 08:20:11
SinoPacific pens six ethylene carriers
SinoPacific Shipbuilding Group of China has tied up an order for six ethylene carriers from Luxembourg-based shipping-investment company Jaccar Holdings. Informed sources say Jaccar is paying a total of around $240m for the 12,000-cbm newbuilding...
2010-09-27 08:16:50
Keppel delivers deep-sea pipelayer
Keppel Singmarine has successfully delivered Global 1200, the first of a new generation of derrick pipelay vessels, to Global Industries. A sistership is on track for delivery in Q2 2011. John Reed, CEO of Global Industries, said, "The constructio...
2010-09-20 07:58:14
Offshore: Chinese new start?
The offshore market is regarded as a large piece of cake now. China’s big2 national shipbuilding groups, namely China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), are establishing their own offshore plan...
2010-09-20 01:04:09
Atwood names newbuild DP semi
Houston-based offshore drilling contractor Atwood Oceanics has chosen Atwood Condor as the name for its newbuild ultra-deepwater dynamically positioned ("DP") semisubmersible. The Atwood Condor remains on track for delivery from Sembcorp Marine's...
2010-09-16 08:23:03
OSX eyes $2bn Petrobras orders
OSX Brasil SA, which is building a shipyard in Brazil with South Korea's Hyundai Heavy Industry, said that it plans to bid for oil drilling rig and tanker contracts worth $2 billion that Brazil's state-led Petrobras wants to build. OSX, which already...
2010-09-16 08:09:42
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