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
“STX O&S needs to improve cost competitiveness" [Finance]
Although STX Offshore & Shipbuilding recently graduated from the rehabilitation proceedings earlier than expected, it is having difficulty receiving RG. According to industry sources, creditors say that the shipbuilder might be unable to r...
2017-08-23 07:13:24
“STX disaster is a social murder” [Shipbuilding]
Voices are raised that the latest fatal RO tank explosion on August 20 at STX Offshore & Shipbuilding is a social murder, as well as the result of broken safety management system.   Korean Metal Workers' Union (KMWU) and ‘confederati...
2017-08-23 07:12:46
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