Offshore
Korea-Brazil Cos Mull Barter
"Major shipbuilders and state-run oil developer Korea National Oil Corp., or KNOC, are working to form a business model for this because it will be the first such deal for the country," said the official, declining to be identified. The plan was p...
2009-01-12 10:08:35
Keppel orders cut
The credit crisis has crunched newbuilding orders worth $450m at Singapore’s Keppel Corp. News of the cancellations from Scorpion Offshore and an Ezra Holdings company come as John Fredriksen’s Seadrill announced it has deferred payments on a...
2009-01-12 06:27:07
Offshore ship designers united
Design teams in IJmuiden, Montrose, Escrick, Bideford and Shanghai will now all operate under the IJmuiden-based Offshore Ship Designers (OSD) name and will work more closely together. The office in Bideford is new and will focus on cargo ships, patr...
2009-01-08 07:02:01
Pipavav seeks defense orders
Exim News Service reported that Pipavav Shipyard Ltd is looking at defense orders and offshore fabrication. Mr Ray Stewart CEO of Pipavav Shipyard said that despite the global slowdown, the company has not witnessed cancellation of any of its existin...
2009-01-06 18:04:53
Cochin completes seismographic
A project for conversion of a fishing vessel into a seismic survey vessel was successfully completed at the Cochin Shipyard Limited in India. The work on MV Pavlovsk, owned by Nordic of Singapore, was completed ahead of schedule, according to CSL. Th...
2009-01-06 06:45:54
AHTS newbuilding cancellation
The global financial crisis and unfavourable exchange rates have led Mermaid Marine Australia to cancel a contract for a new anchor handling tug supply (AHTS) vessel. Sydney-listed MMA was set to take delivery of the 5,200-bhp newbuilding from a Mala...
2009-01-06 06:29:26
Catch the Ultra Pie
At the very beginning of 2009, South Korean shipbuilding industry is expected to receive a $5bn gigantic order. Royal Dutch Shell is set to award a tentative LNG-FPSO newbuilding contract next week to one of ‘Big 3’ Major shipbuilders, Hyundai...
2009-01-02 06:02:23
DSME-built rig newbuild commissioned for Husky
Husky Energy began drilling on the Liwan natural gas discovery in South China Sea, according to a media report. The report said the semi-submersible West Hercules, owned by Seadrill, is contracted for drill appraisal and exploration of the wells i...
2008-12-31 14:11:58
COSCO Nantong launches first ESV
Remedial Offshore marked the launch of its first Elevating Support Vessel on December 16 when the ESV unit was skidded onto a quayside barge at the COSCO Nantong Shipyard. The launch ceremony celebrated a major milestone in construction of the world...
2008-12-30 09:32:40
Keppel winning FPSO conversion
Singapore's Keppel Corp has ended the year on a high after securing several contracts worth a total of SGD200m ($138.6m). Single Buoy Moorings has awarded the Singapore yard group a contract to convert and upgrade an FSO into an FPSO. Work on t...
2008-12-30 06:52:13
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