Offshore
Samsung wins LNG-FPSO ?
In South Korea’s stock market, it is rumored that Samsung Heavy Industries may win a massive offshore plant order. Royal Dutch Shell is said to hold a board meeting on May 27th and choose the preferred bidder for its gigantic LNG-FPSO project. ...
2009-05-26 14:05:16
ExxonMobil secures PNG gas for $9.5bn
Papua New Guinean landowners across the sites where the ExxonMobil-led Liquefied Natural Gas project will be built have signed a crucial multi-billion dollar benefit sharing agreement. After five weeks of intense talks with up to 1000 resource owners...
2009-05-26 11:28:02
Samsung to focus on Brazil
Samsung Heavy Industries said on May 24th that it plans to participate in the construction of a shipyard for building offshore plants in Brazil. It revealed that it has signed a letter of intent (LOI) with local investors including PJMR last week ...
2009-05-25 11:14:02
BP signs Adriatic LNG contract
BP has been awarded capacity at the Adriatic LNG import terminal, which could see Europe’s second largest oil company delivering 12 cargoes of liquefied natural gas a year to the facility. A spokesman for BP said the oil major’s bid for capacity ...
2009-05-25 07:43:46
Sixth China LNG carrier order delayed
Talk of MISC wanting to take a stake is slowing the order process. Malaysia's MISC may take a stake in a sixth Chinese LNG-carrier newbuilding but negotiations over the final ownership split on the vessel is slowing the order process. Industry sou...
2009-05-25 07:18:59
LNG newbuilds on orderbook total 70
No fresh orders and continued high vessel prices could leave many yards hungry for some time to come. Shipyards are busy with what will rank as the second-biggest year on record for LNG-carrier deliveries but the orderbook is dwindling and not being ...
2009-05-25 07:00:21
SBM strengthens lay-up
Dutch specialist SBM Offshore is putting four tankers, which it bought in anticipation of conversion business and had been planning to trade, into lay-up. In a first-quarter results briefing SBM said: "The company's inventory of four tankers, avai...
2009-05-22 15:49:57
Hanjin makes inroads into offshore plants
Demand in the offshore sector is giving a South Korean yard food for thought. South Korea's longest established shipbuilder, Hanjin Heavy Industries & Construction, is eyeing the offshore sector. A slowdown in demand for commercial ships due to...
2009-05-22 14:33:19
Dubai yard profit up
Progress on newbuilding jack-up rigs has pushed up quarterly revenues and profits at MIS. The Dubai shipyard and fabrication outfit reported a $10.4m in first-quarter net income Thursday, up from $3m in the same period of 2008. Revenue jumped b...
2009-05-22 07:52:32
Hyundai vs. Samsung
Hyundai Heavy Industries and Samsung Heavy Industries compete for the final contract for the construction of gas field production facilities in Myanmar worth some KRW 2trn ($1.6bn). Daewoo International is set to hold regular tender on May 22nd fo...
2009-05-21 14:52:36
Start  Prev  791  792  793  794  795  796  797  798  799  800  Next  End