Offshore
LNG terminal for Brazil
Petrobras has inaugurated Brazil's second LNG receiving terminal. The facility in Rio de Janeiro's Guanabara Bay has begun receiving its commissioning cargo from the 138,000-cbm LNG carrier Excellence (built 2004). And Golar LNG's floating storage...
2009-03-20 07:33:50
Essar to acquire jack-up rigs
Essar Group subsidiary, Essar Oilfield Services (EOSL) has revealed plans to procure two jack-up rigs, the Economic Times writes, quoting a top company official. "We are in the process of procuring two jack-up rigs at a cost of $440 million. These ri...
2009-03-20 07:01:57
LNG tanker talks to remain slow in 2009
It seems that negotiations for the procurement of LNG carrier newbuildings will still evolve on a weak tone this year. As of today, projects that are expected to hold international tenders are related to three countries, namely, Papua New Guinea (PNG...
2009-03-19 07:36:09
Shell plans to boost LNG output by 40%
Royal Dutch Shell plans to add 6.5m tonnes a year of new liquefied natural gas production capacity to its global portfolio in the next four years. Shell plans to increase LNG production by 40%, which will see it keep its place as the world’s to...
2009-03-18 07:27:16
Keppel FELS gets early-delivery bonus
Singapore's Keppel FELS Limited has been awarded a bonus of $625,000 for delivering the jackup rig, Greatdrill Chetna, 20 days ahead of schedule, within budget and without incidents to Mercator Offshore Limited. Built to Keppel's proprietary KFELS...
2009-03-17 15:31:12
Cairn Energy looking for PSVs
UK-based Cairn Energy is looking to hire two platform-supply vessels (PSVs) to expand its offshore activities in India. Industry sources say the exploration-and-production company plans to hire two PSVs of between 2,500 bhp and 3,000 bhp in the next ...
2009-03-17 07:17:57
AHTS backers in 'fire sale' mode
A slump in vessel values is said to have investors with newbuildings on order scrabbling to find buyers. Some investors in Asia with speculative newbuilding orders for anchor-handling tug supply (AHTS) vessels are now in "fire-sale mode", with the...
2009-03-17 07:13:51
Sevan sued over $7m missed payments
Chinese yard Jiangsu Hantong Ship Heavy Industry is taking legal action against Norwegian shipowner Sevan Marine over missed payments. Sevan said it was withholding $7m of payments to the yard on two oil-producing vessel projects to reduce its ow...
2009-03-16 07:17:03
Teekay in FLNG conversion project
Teekay Corporation and Merrill Lynch Commodities are to jointly develop a project to convert the SS Arctic Spirit into a floating liquefied natural gas plant to be moored alongside a pier near Kitimat, British Columbia. Teekay LNG Partners L.P. will ...
2009-03-16 07:05:22
Samsung delivered "West Eminence"
Seadrill has taken delivery of the new deepwater semisubmersible drilling rig West Eminence from the Samsung Shipyard in Korea. The unit delivered Korean waters last friday, en route to its first drilling assignment in Brazil. The semi is ch...
2009-03-15 16:56:22
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