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Offshore
Majors eye big orders from Petrobras
South Korea's four shipbuilders will meet executives of Brazil's Petroleo Brasileiro SA (Petrobras), in Seoul this week in hopes of getting vessel orders worth more than $25 billion, the companies said. "We hope the meeting (with Petrobras) will resu...
2009-04-22 13:17:24
SWS embarks on first drilling rig
Shanghai Waigaoqiao Shipbuilding said Monday it has started final assembly of a 6-billion-yuan (US$877 million) offshore oil rig, China's first self-designed semi-submersible drilling platform. The oil rig, designed by the No. 708 Research Institu...
2009-04-22 07:48:34
LPG freight rates may recover
Freight rates to transport liquefied petroleum gas may improve, but only if imports to the Americas recover. That could see earnings on the spot market for very large gas carriers rise from above the extremely poor levels of below $5,000 per day, ...
2009-04-22 07:34:51
PNG LNG project inks first sales deal
The ExxonMobil-led Papua New Guinea liquefied natural gas export project has received a major boost by reaching its first sales agreement. The buyer was an unnamed party in Asia. Oil Search, one of the project’s partners, said a heads of agreem...
2009-04-22 07:30:18
Petrobras visiting Hyundai
Today (:21st April), Morning Time Brasil's national oil major Petrobras' 30 representative group visit Hyundai Heavy Industries in Ulsan shipyard.
2009-04-21 13:01:19
Petrobras to order 15 units
Brazil’s oil major Petrobras visited South Korea on April 20th and held a presentation meeting upon its giant oil development project. On the day it first revealed that it will place orders for 8 FPSOs and 7 drillships in stages by next year. South...
2009-04-21 11:45:25
Bender gets new buyer for PSVs
Bender Shipbuilding and Repair is reportedly wrapping up a deal to sell three platform supply vessels (PSVs) originally ordered by Gulfmark Offshore. The identity of the new buyer has not been disclosed. New York-listed GulfMark said it backed ...
2009-04-21 07:46:24
US imports LNG as prices decline
The United States received a flurry of liquefied natural gas cargoes this week, a potential portent for the coming months as European gas stocks are replenished. Terminals in the US Gulf and east coast are receiving cargoes from Atlantic basin pro...
2009-04-21 07:21:26
Sweden builds its first LNG import terminal
Sweden has moved closer to gaining its first liquefied natural gas import terminal. NCC Construction Sweden has been awarded a contract by AGA Gas to construct an LNG terminal at Brunnsviksholme outside Nynäshamn. The contract involves the c...
2009-04-21 07:18:34
"Big Buyer" has come
“Big buyer has come.” South Korean shipbuilders are on a tiptoe of excitement as one of them may receive massive new orders. Brazil’s Petrobras, which is planning to develope deepsea oil fields worth some $147.7bn until 2013, dispatched a d...
2009-04-20 11:58:29
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