Aramco leases plot for McDermott fabrication [Offshore]
Saudi Aramco signed a land lease agreement with McDermott Arabia Company, Ltd., a wholly-owned subsidiary of McDermott International, Inc. (NYSE: MDR), to grant McDermott a lease to establish a fabrication facility located within the King Salman ...
2019-04-01 08:24:09
Aker Energy submits PDO for DWT/CTP [Offshore]
Aker Energy Ghana Limited, as Operator on behalf of its partners, Ghana National Petroleum Corporation (GNPC), Lukoil Overseas Ghana Tano Limited and Fueltrade Limited, has submitted an Integrated Plan of Development and Operations (PDO) to Ghana...
2019-04-01 08:23:23
Neptune Energy announces FID for Seagull [Offshore]
Neptune Energy and its joint venture partners BP and Japex announced that the final investment decision for the Seagull oil project in the UK North Sea has been agreed. Seagull is expected to initially produce around 50,000 barrels of oil equival...
2019-04-01 08:22:13
CSSC revealed a massive restructuring plan [Shipbuilding]
CSSC has recently revealed a massive restructuring plan, which is allegedly paving ways for the much-talked merger with another Chinese shipbuilding giant, CSIC. CSSC Holdings stated that it is reorganizing its three shipyards and ship propuls...
2019-04-01 08:12:58
KAERI & RIMS join hands [Shipbuilding]
The Advanced Radiation Technology Institute of the Korea Atomic Energy Research Institute (KAERI) signed a mutual cooperation agreement with the Research Institute of Medium & Small Shipbuilding (RIMS) in the use of electron beam for developi...
2019-04-01 08:12:31
Sinokor scrapped ships the most in Korea [Shipping]
It turned out that, in 2018, global tanker demolition reached its highest level in the last five years. In the same year, however, the removal of bulkers and containerships was at its lowest over the past five years. Korean shipping companies als...
2019-04-01 08:12:08
STX Engine appoints new CEO [People]
STX Engine Deputy President Song Jong-geun was appointed as President on March 27.  During an inaugural ceremony on March 28, Song stressed that STX Engine needs to focus on △maximizing the vitality of organization △expanding customer...
2019-04-01 08:11:42
STX Engine appoints new CEO [Shipbuilding]
STX Engine Deputy President Song Jong-geun was appointed as President on March 27.  During an inaugural ceremony on March 28, Song stressed that STX Engine needs to focus on △maximizing the vitality of organization △expanding customer...
2019-04-01 08:11:23
"DSME's management system to be maintained" [General]
Han Young-Seok, co-CEO of Hyundai Heavy Industries (HHI), released a statement to executives and employees on March 28, noting, "There are some concerns over our idle manpower being turned over to Daewoo Shipbuilding & Marine Engineering (DSM...
2019-04-01 08:10:56
SHI approved by DNV GL for smart ship [Shipbuilding]
Samsung Heavy Industries (SHI) announced that its smart ship technology was approved by DNV GL in MRV & DCS segment on March 28.  DNV GL has confirmed that SHI's 'INTELLIMAN Ship' software complies with the EU-MRV and IMO-DCS regulati...
2019-04-01 08:10:09
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