STX O&S reach agreement on self-rescue plan [General]
STX Offshore & Shipbuilding announced at dawn (around 1:00 a.m.) of April 10 that the labor union and company are about to agree on self-rescue plan after all-night negotiations. The Korean middle-standing shipbuilder said, "company and la...
2018-04-10 09:51:51
L&T Hydrocarbon announces EPCI award [Offshore]
L&T Hydrocarbon Engineering (“LTHE”), a wholly owned subsidiary of Engineering and Construction major Larsen & Toubro Limited, announced on April 5 an award for three Gas Production Deck Modules by Saudi Aramco. This is the fourth awa...
2018-04-10 07:27:28
SCF Group concludes long-term credit facility [Finance]
PAO Sovcomflot (SCF Group) announced on April 6 that it has signed a new USD 252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; Citibank; ING Bank; KfW IPEX-Bank, a...
2018-04-10 07:25:19
C-Innovation bags subsea contract with BP [Offshore]
C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP Exploration & Production, Inc. (BP), the largest energy investor in the deepwater Gulf of Mexico. ...
2018-04-10 07:24:07
GTT receives two new orders from DSME [Shipbuilding]
GTT announces it has received at the end of March, an order from the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) for the design of the LNG tanks of two LNG carriers (LNGC). Each offering a capacity of 173,400m3, the...
2018-04-10 07:23:43
Consortium excited for Borssele V [Offshore]
The Two Towers consortium, consisting of Van Oord, Investri Offshore and Green Giraffe, has won the tender for Borssele Wind Farm Site V. MHI Vestas Offshore Wind is the preferred supplier for the wind turbines. Borssele V has been designated ...
2018-04-10 07:22:24
Uljanik chooses its restructuring partner [Shipbuilding]
Croatia's Uljanik Shipyard, which had suffered from financial problems over recent years, turns out to have chosen its compatriot Kermas Energija as a strategic partner for restructuring.  The Croatian shipbuilder picked the partner in or...
2018-04-10 07:20:07
KOSHIPA forms human resource sector council [Shipbuilding]
With the goal of raising the competitiveness of local shipbuilding & offshore plant sector by maximizing the use of retired manpower and laying foundation for small company-centered mutual growth strategy, the Korea Offshore & Shipbuildin...
2018-04-10 07:18:45
Longlife equipment center to be opened [Equipment]
An opening ceremony for the 'Technology Center for Long Life Cycle of Shipbuilding & Offshore Equipment' will be held on April 10 at the Ulsan Techno General Industrial Complex, Duwang-dong, Nam-gu, Ulsan Metropolitan City, Korea. Currentl...
2018-04-10 07:14:38
STX Engine marked 20m hp in defense market [Equipment]
STX Engine held a ceremony at Changwon HQ, celebrating its 2m hp milestone in defense market as well as 40th anniversary of the partnership with MTU of Germany. STX Engine, a manufacturer for diesel engines in defense market, is providing dies...
2018-04-10 07:14:05
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