Offshore
Petrobras to axe FPSO
Petrobras says it has killed the bidding processes for two offshore production units, including a planned FPSO. The Brazilian oil and gas company blames high prices of the proposals received in December. The scrapped units include a planned floati...
2009-01-19 07:32:10
Shell reviewing bids for giant FLNG project
Shipyards and contractors have submitted their bids for energy major Royal Dutch Shell’s giant LNG floating production storage and offloading unit (LNG-FPSO) but prices may need to be revised downward due to the current financial climate. Industry ...
2009-01-16 11:53:19
Samsung wins LNG-FPSO order
Samsung Heavy Industries on January 15th announced that it has received an order for the construction of LNG-FPSO for $680m from a European shipowner. Samsung said it is the first order-intake in shipbuilding industry in 2009 and the LNG-FPSO orde...
2009-01-15 12:24:44
150K FSO launched in Vietnam
A floating storage and offloading unit (FSO) which has a capacity of 150,000 tonnes, the FSO5, was successfully launched on January 14 by the Nam Trieu Shipbuilding Industrial Corporation. This is the biggest vessel built by Vietnamese shipbuilder...
2009-01-15 07:50:44
Majors more into ‘non-shipbuilding’
South Korea’s major shipbuilders plan to focus more on offshore plants such as drillships and FPSOs rather than merchant ships this year as ordering activity for commercial ships has almost stopped. Hyundai Heavy Industries (HHI), the world’s ...
2009-01-15 06:04:27
Signal International wins drillship upgrade
Signal International is to construct key components to be used in a drillship reliability upgrade program for Noble Corporation. The upgrade and modernization is designed to enhance the reliability and operational performance of three Noble drills...
2009-01-14 06:59:36
STX Europe in Petrobras tender for PSV
A North American arm of STX Europe is taking aim at a Petrobras tender for offshore supply vessels. Naval architecture and engineering firm STX Canada Marine / STX US Marine (STXM) says it has responded to Petrobras tenders with two platform suppl...
2009-01-13 07:12:16
Idle LNG carriers raise hopes on gas projects
As many as 30 liquefied natural gas carriers from a tradeable fleet of about 287 are sitting idle, with a further 48 due for delivery this year. There are hopes that new capacity from delayed major LNG projects in Qatar, Russia and Yemen will fina...
2009-01-13 06:48:32
Export plant contracts hit all time high in Korea
South Korea received foreign plant orders worth $46.2bn last year, the highest record ever for the country, according to the government. Oil producing countries’ increased investment in infrastructure and a rise in orders for offshore plants suc...
2009-01-12 15:55:18
Shell's LNG FPSO delayed again
It looks delayed pushed by Royal Dutch Shell for the construction of LNG floating production, storage and offloading (LNG FPSO) units are behind schedule. The project has drawn global attention as it involves the construction of what will be the w...
2009-01-12 11:26:12
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