Offshore
Hanjin eyes Shtokman FPU order
South Korea’s Hanjin Heavy Industries & Construction, which is recently focusing on offshore plant sector again, has its eye set toward Russia’s Shtokman LNG project as its first target. Shtokman project is promoted by Russian state-owned gas ...
2009-07-10 06:43:45
New LNG tenders prefer old boys
LNG carrier procurement negotiations in the future will increasingly focus on the battle between relatively young and competitive existing vessels and newbuildings. Even with the international tender currently being held by the Papua New Guinea (...
2009-07-09 07:22:34
Petrobras floats 8 FPSOs tender
Five consortia are said to be in the running for eight FPSO hulls in a Petrobras tender worth around $4bn. One of the consortia is made up of Keppel Corp's Keppel Fels, Single Buoy Moorings (SBM) and Brazilian shipyard WTorre, local media reports....
2009-07-09 07:05:32
Offshore plant sector to recover
Following the aggravation of shipping market and the fall in prices for raw materials amid global economic downturn, newbuilding prices have also dropped which became an obstacle to market recovery. If the imbalance of supply and demand and marke...
2009-07-09 06:32:57
COSL orders two offshore survey vessels
China Oilfield Services Ltd (COSL) has ordered two offshore survey newbuildings at domestic shipyards. One contract, placed with Shanghai Shipyard, is for a deepwater 12-streamer seismic survey vessel to be named COSL 720. The vessel, which will b...
2009-07-08 07:33:36
Tanker-FPSO conversions set to rise
At least 60 tankers could be removed from the global fleet for conversion into floating production storage and offloading vessels in the next five years as demand for developing new offshore oil fields improves. Demand for FPSOs dropped in 2008 w...
2009-07-08 07:14:41
LNG newbuilding reactivates
LNG carrier shipbuilding market is beginning to show life as newbuilding tenders are being launched starting from June. LNG carrier newbuilding tenders resumed after a couple-of-year hiatus and order receipt competition is expected to get fierce a...
2009-07-08 06:13:13
First Chinese-designed pipelayer delivered
Zhenhua Heavy Industry has delivered the first pipelayer designed and built in China to China Offshore Oil Engineering Corporation (COOEC). The newbuild Hai Yang Shi You 202 is capable of performing heavylift operations of up to 1200 tonnes and in...
2009-07-07 11:18:22
Keppel expects Petrobras orders
Petrobras’ drilling rig order plans are the only major bright spot on the horizon for Singapore’s two main rig builders, Sembcorp Marine and Keppel Offshore and Marine, according to analysts. With orders having dried-up for both jack-up and s...
2009-07-07 06:46:00
Samsung close to winning
A consortium of Samsung Heavy Industries and Technip is said to be close to signing a multi-billion dollar deal to build up to three floating liquefied natural gas production vessels(:FLNG or LNG-FPSO) for super oil major Shell. Industry sources ...
2009-07-07 06:02:21
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