Saipem awarded Saudi Aramco, FPSO contracts [Offshore]
Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Installation) works in Saudi Arabia, under the Long-Term Agreement in...
2017-07-20 07:34:47
Höegh LNG and Nakilat agree FSRU partnership [Offshore]
Höegh LNG signed a Memorandum of Understanding (MoU) with Nakilat on July 18, exploring collaboration for Floating Storage and Regasification Unit (FSRU) business. FSRU is the leading-edge technology for the liquefied natural gas (LNG) market...
2017-07-20 07:34:04
Lundin extends contract for Ocean Rig [Offshore]
Ocean Rig, an international contractor of offshore deepwater drilling services, announced on July 18 that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson. In addition, Ocean Rig has granted ...
2017-07-20 07:33:14
Wison granted BV's Approval in Principle [Offshore]
Wison Offshore & Marine announced on July 18 that its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and s...
2017-07-20 07:31:36
Rolls-Royce signs new service agreement [Offshore]
Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem-owned companies have signed with the same service provider...
2017-07-20 07:30:53
HHI leads 4th Industrial Revolution with smart ship [Shipbuilding]
Hyundai Heavy Industries announced on Julu 19 that it developed Integrated Smart Ship Solution (ISSS), its proprietary ICT technology capable of realizing economical and reliable navigation and management of ships. ISSS is the first of its kind i...
2017-07-20 07:30:08
Korea supports naval shipyards [Finance]
The Defense Acquisition Program Administration (DAPA) of Korea announced that the administration signed a contract with its compatriot naval shipbuilders Daewoo Shipbuilding & Marine Engineering and Hanjin Heavy Industries & Construction ...
2017-07-20 07:27:25
SOFEC wins equipment for Coral FLNG [Equipment]
Via it subsidiary SOFEC, it emerged that Mitsui Ocean Development & Engineering (MODEC), an affiliate of Mitsui Engineering and Shipbuilding (MES) of Japan, has won internal turret mooring system for the Coral South floating liquid natural ga...
2017-07-20 07:25:41
Chinese shipbuilders to diversify portfolio [Offshore]
With much stronger pressure from green energy industry such as wind power and natural gas, traditional oil industry players are struggling to cut costs. Accordingly Chinese shipyards are finding breakthroughs by building high-value products rathe...
2017-07-20 07:23:12
SWS bags 2+2 180K BCs [Shipbuilding]
It seems that Oceanbulk, headed by Greek shipowner Petros Pappas, ordered new Capesize bulker series from CSSC-affiliated Shanghai Waigaoqiao Shipbuilding (SWS).  According to industrial sources and foreign presses, SWS is said to have re...
2017-07-20 07:21:56
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