Offshore
BG inks LNG supply deal with CNOOC
UK integrated gas major BG Group has secured a “milestone” long-term contract from China to supply liquefied natural gas from its planned Queensland Curtis LNG project in Australia, a deal which also involves the construction of two vessels. BG h...
2009-05-14 07:36:21
SBM Offshore mulling lay-ups
Dutch offshore shipping group SBM Offshore plans to lay up four tankers and a redundant oil production vessel to cut costs as it has not secured new contracts for the ships. SBM said operations from its tanker fleet were at a loss of $10m in the ...
2009-05-14 07:19:24
High bunker price leads to more scrapping
A $40 jump in bunker prices pushed very large gas carrier earnings close to zero, driving owners to scrap more of their older tonnage. Bunker prices have risen 13% since the start of May to more than $340 per tonne, but VLGC rates have held at jus...
2009-05-13 07:52:40
COSCO showing new semi-submersible ship
In spite of the outbreak of influenza A H1N1, the annual international Offshore Technology Exhibition (OTC) was grandly held in Huston, USA as expected from 4 to 7 May 2009. COSCO Shipping Company (COSCOL) and its business partner NMA continued t...
2009-05-12 13:18:45
Brazilian orders ship designs from Rolls-Royce
Brazilian shipowner Companhia Brasileira de Offshore has ordered two offshore support vessel designs and equipment from Rolls-Royce. The move comes at a time when shipowners generally have cut back on newbuildings. UK-based Rolls-Royce said the t...
2009-05-12 07:11:02
Petronet signs Gorgon deal with ExxonMobil
India’s Petronet LNG has become the latest customer for liquefied natural gas from the proposed Gorgon project in Australia. Petronet has agreed to purchase 1.5m tonnes a year from ExxonMobil under a 20-year pact, which the parties said had “t...
2009-05-11 11:21:48
Yemen LNG to start shipments this summer
Yemen LNG expects to make the first shipment from its new gas liquefaction plant in July or August, the company's chief executive told Reuters on Thursday. Joel Fort, CEO and general manager, said the project will come on line four months late for...
2009-05-11 07:55:36
Wuchang wins offshore order
LR-Fairplay's Daily Newbuilding News reports that Wuchang Shipbuilding in China has won an order for two offshore supply vessels from China Oilfield Services. Wuchang has built ships in the past for this owner, having most recently delivered four ...
2009-05-11 07:52:06
STX Engine ties up with L-3 Offshore
STX Engine, a subsidiary of South Korea’s STX Business Group joins hands with L-3 Offshore of the US to strengthen its offshore electro electric systems business. STX Engine and L-3 Offshore have signed a contract for teaming agreement of offsho...
2009-05-11 06:18:20
First LNG vessel under Dutch flag delivered
Dutch gas carrier specialist Anthony Veder has taken its first multi-purpose liquefied natural gas tanker into its fleet. Coral Methane (pictured) is the first LNG vessel under the Dutch flag and will be directly employed transporting natural gas ...
2009-05-08 07:45:40
Start  Prev  801  802  803  804  805  806  807  808  809  810  Next  End