Offshore
Havyard wins AHTS newbuilding orders
The Havyard Group, Norway, has signed a contract with Smart Shipinvest to build one Havyard 848 SMART AHTS with one vessel on option. The first vessel will be delivered in the fourth quarter of 2011 while the option vessel would have a delivery da...
2009-06-18 15:35:26
QGTC secures $950m to finance LNG tanker orders
Qatar Gas Transport Co. (QGTC) disclosed on June 12 that it has secured $950 million worth of funding to cover the construction cost of LNG carriers. The company will get hold of the funds from 17 banks worldwide. This deal, which represents the thir...
2009-06-18 07:36:40
ZPMC earmarks $2.2bn for offshore biz
Chinese crane manufacturer ZPMC plans to invest Yuan15bn ($2.2bn) in its offshore business in a bid to boost the segment’s turnover to over $4bn in three years. ZPMC president Guan Tongxian said the company would invest Yuan15bn in its shipyard...
2009-06-18 07:14:10
Samsung wins LNG-FPSO ?
Samsung Heavy Industries of South Korea said on June 16th in a regulatory filing that it “is participating in the bidding process for Royal Dutch Shell’s LNG-FPSO construction project but the result is yet to be announced.” The statement sai...
2009-06-17 06:24:38
Shanghai fostering offshore plant industry
On May 31th, the City of Shanghai held a conference for promoting high technology industrialization and discussed about the subject. It was announced at the conference that offshore plant industry scale of the city would reach 150bn yuan ($22bn) ...
2009-06-16 11:38:26
SCI expands offshore fleet
Shipping Corp of India (SCI) is to take over management of seven of domestic oil producer ONGC’s Sindhu-class supply ships. Boss Sabyasachi Hajara told the Business Line daily: “Right now, all the 14 Sindhu class vessels are being operated by ...
2009-06-16 07:54:02
Technip buys Oceanteam newbuilding
French offshore vessel owner Technip has acquired a newbuilding subsea construction ship from Oslo-listed Oceanteam to replace a 1979-built pipelayer. Technip has agreed to purchase the North Ocean 103, one of a series of four newbuildings Oceanteam ...
2009-06-16 07:27:04
Petrobras abandons third FSRU plan
Brazilian state oil and gas giant Petrobras has confirmed it is likely to abandon plans to install a third floating storage and regasification unit in the country as other sources of gas supplies have improved. Petrobras’ manager of finance for exp...
2009-06-16 07:22:39
Teekay FLNG conversion project
Would-be floating-LNG (FLNG) player Teekay Corp is looking for trading opportunities for its conversion candidate, the 89,800-cbm LNG carrier Arctic Spirit (built 1993). Teekay Gas Services David Glendinning says the ship is currently waiting in B...
2009-06-15 06:58:10
Shell leans on Big 3
South Korea's big three shipbuilders and their contractor partners are being leaned on by energy major Shell to stop them from giving any further updates about the upcoming award of a front-end engineering and design (Feed) contract for a huge LNG fl...
2009-06-15 06:52:01
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