KBR nets deal for BP’s Tortue project [Offshore]
KBR, Inc. announced on August 17 that it has been awarded pre-front end engineering design (FEED) and project support services contracts by BP for the development of the Tortue / Ahmeyim field offshore Mauritania and Senegal. Under KBR's globa...
2017-08-23 07:20:16
Korean yards saw sharpest wage reduction in 2016 [General]
The annual salary of executives at Korean shipyards decreased sharply last 2016, falling short of Japanese shipbuilders' level again.  Last 2016, according to MarineNet, the annual average salary for each employee at Korea's seven main sh...
2017-08-23 07:19:45
Oldendorff buys two BC resales from China [Shipbuilding]
It turned out that Oldendorff Carriers has recently bought the two resales of Handysize bulker, which are under construction in China.   According to industrial and overseas sources, the German shipowner purchased two 35,200 dwt bulkers (...
2017-08-23 07:19:22
Fujian Southeast wins 20K BC [Shipbuilding]
Offshore vessel expert Fujian Southeast Shipyard of China has signed a contract to build one 20,500dwt bulker with Fujian Anda Shipping. The newbuilding is the largest vessel the shipyard has ever built. It is slated for delivery in 2019, indu...
2017-08-23 07:18:54
Busan-KRISO enter into business agreement [Shipbuilding]
Busan Metropolitan City of Korea announced on August 22 that it enters into a business agreement with the Korea Research Institute of Ships and Ocean Engineering (KRISO) with the goal of leading a high value-added ship market in future, dealing w...
2017-08-23 07:18:32
Bid for Tortue FLNG project opened [Offshore]
It turned out that a tender for Tortue floating LNG project, which is led by BP and Kosmos Energy, has been opened.  According to foreign and industrial sources, the relevant requests for proposal (RFP) were sent to eight potential candid...
2017-08-23 07:17:36
Gyeongnam supports growing together [Offshore]
Gyeongnam province and Gyeongnam Technopark of Korea announced on August 17 that they will expand and promote '2017 offshore and shipbuilding industry - large and small & medium enterprise co-growth' to overcome the crisis of shipbuilding ind...
2017-08-23 07:17:05
ITB sent for Vietnam 'Block B' project [Offshore]
It has turned out that the Invitation to Bid (ITB) for Block B offshore facilities in Vietnam was recently sent, which includes the production of 20,000-ton of topside for PetroVietnam's Block B offshore gas development project. According to i...
2017-08-23 07:16:37
Total acquires Maersk Oil at $7.45bn [Finance]
French energy giant Total acquires 100% shares in Maersk Oil & Gas.   On August 21 (local time), Total announced that the boards of directors of both companies approved this acquisition, and the deal will be made through a stock and de...
2017-08-23 07:15:39
“Steady delivery and drying orderbook” [Shipbuilding]
Global shipbuilders so far this year have delivered a steady amount of ships while recording poor results of order intake, draining orderbook overall.   From the beginning of this year, newbuilding delivery has stayed in high place so far ...
2017-08-23 07:13:52
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