Offshore
Signal awarded Diamond’s Ocean America
Signal International has been awarded a contract for Diamond Offshore’s ‘Ocean America’ to perform modifications and inspections to ensure compliance with ABS Special Survey requirements. The semisubmersible will be drydocked at the company’s...
2008-12-29 07:12:10
LNG will ramp up
Global LNG ship orders will ramp up next year, worst this year. The world’s biggest shipyards led by Samsung Heavy Industries Co and Hyundai Heavy Industries Co, will record the lowest liquefied natural gas tanker orders in a decade, as charter...
2008-12-26 10:07:51
Statoil terminates rig tender process
StatoilHydro is terminating its procurement process for rig hire for operations on the Norwegian continental shelf due to high rig rates. ”We focus on reducing costs and making strict priorities,” says Anders Opedal, head of procurements in St...
2008-12-26 07:01:14
Shell delays LNG-FPSO bid
Energy major Shell has postponed a bid deadline for its giant $4bn LNG- floating production storage and offshore (FPSO) unit. Energy major Shell has postponed a bid deadline for its giant $4bn floating production storage and offshore (FPSO) unit....
2008-12-24 08:53:43
Keppel delivers jackup rig to AOPL
Keppel AmFELS Inc., the wholly-owned subsidiary of Keppel Offshore & Marine Limited in the Gulf of Mexico, has delivered a newbuild jackup rig to Atwood Oceanics Pacific Limited (AOPL). The rig was christened Atwood Aurora by Ms. Deborah Beck, Co...
2008-12-24 07:50:48
Keppel to kick-start new year with senior succession
The Keppel Corporation Board has announced that, in line with its predetermined succession plan for senior management, the following key executive moves will take place with effect from January 1, 2009. Keppel Corporation’s executive chairman, Lim ...
2008-12-23 16:39:47
Offshore warning signs in 2009
Global financial woe and the arrival of newbuildings will put the squeeze on offshore shipowners next year, a leading broker warns. A dropping oil price has already forced a cut back on drilling budgets with smaller shipowners expected to be worst...
2008-12-23 07:17:23
FLNG market "worth $8.5 billion by 2015"
The Floating Liquefied Natural Gas (FLNG) business is now rapidly developing into a sector of major significance and will be worth US$8.5 billion by 2015, according to a new study published recently by UK-based energy business analysts Douglas-Westwo...
2008-12-22 06:10:20
Big 3 bet on $5bn floating LNG plant
Samsung, Hyundai and Daewoo are betting that Royal Dutch Shell Plc’s plan for untried floating gas-export terminals will spur billions of dollars in orders as the shipping market collapses. A floating liquefied natural gas project may cost 50 pe...
2008-12-19 12:28:03
Ofer secured drillships funds for Samsung
Sammy Ofer’s Pacific Drilling and Transocean have secured financing worth $1.2bn to help fund two drillships building in South Korea. The facility, which was lead by DnB Nor Bank and Fortis Bank, will support the $1.5bn delivered cost of the tw...
2008-12-19 06:30:05
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