Offshore
Offshore orders to hit 30 units
British Barclays Capital recently analyzed the investment on global offshore oil and gas exploration this year would stand at $43.9bn, 11% up against last year. As market indicates gradual recovery, global consuming demand for oil and natural gas ...
2010-04-27 09:48:49
Jurong achieves early delivery of rig
Sembcorp Marine subsidiary Jurong Shipyard has successfully delivered the West Orion, the third of four turnkey 6th generation semi-submersible drilling units built for Seadrill Limited on budget and 10 days ahead of original delivery schedule, with ...
2010-04-22 08:27:54
WIS bags rig repair order
Western India Shipyard (WIS) announced that it has received a major repair order for their ninth jack-up deep-water oil rig JUR Noble Charlie Yester with rated depth of 300 meters. The repairs will cover various onboard machinery and equipment, s...
2010-04-22 08:25:54
Mitsubishi Completes F-LNG Designs
Japan's Mitsubishi Heavy Industries (MHI) has completed development related to floating production, storage and offloading units for liquefied natural gas (LNG-FPSO), and has obtained two kinds of approval in principle (AIP) from major international ...
2010-04-22 08:24:11
Tsakos close to $620m drillship order
Tsakos Group and its New York-listed associate Tsakos Energy Navigation (TEN) are close to ordering an ultra-deepwater drillship with a total project cost of $620m, having secured a price reduction of $200m after “months of negotiation” with an u...
2010-04-21 08:26:02
HMD inks LPG tanker
Sloman Neptun has ordered a 20,600 cu m LPG tanker from Hyundai Mipo Dockyard of South Korea, the German shipping company said in a stock exchange release. The vessel is due for delivery in the fourth quarter of 2011. The company said it wanted t...
2010-04-21 08:23:28
Gdansk seeks to survive
Poland’s Gdansk Shipyard, the sole survivor among the country’s three largest newbuilding players, says conditions remain “tough” but things have improved slightly. A spokesman says various deals should come into force over the next few w...
2010-04-21 07:40:13
Boxship orders restart 2011
Fresh boxship orders set to resume in the near future. A statistical expert says the market could start to see fresh boxship orders from 2011. A cocktail of elements that will tempt boxship owners to start ordering newbuildings again are se...
2010-04-20 09:42:41
Pipavav seeks to cling on to orders
India’s Pipavav Shipyard is locked in talks with two prominent customers to hold on to orders following construction delays. There has been speculation that Norway’s Golden Ocean Group and Greek owner Avgi Maritime would ditch the contracts. ...
2010-04-20 08:15:59
Shell eyes 2nd F-LNG
Energy major Shell has kicked off talks with Samsung Heavy Industries and French contractor Technip on a second floating LNG (FLNG) production unit. The huge floating production storage and offloading unit (FPSO) would be utilised to develop the ...
2010-04-19 08:00:48
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