Cosco Nantong Shipyard News

 

Octabuoy project discontinued

Jan 09, 2015

Singapore-based COSCO (Nantong) Shipyard Co. is to scrap the Octabuoy project after failling to find a buyer for the unit.  COSCO (Nantong) Shipyard was contracted to build the Octabuoy unit for ATP Oil & Gas' Cheviot field in the UK North Sea…

Deferred delivery agreed for Sevan Developer

Oct 17, 2014

Sevan Drilling and Cosco (Qidong) Offshore have come to an agreement over the delivery of the new-build Sevan Developer cylindrical drilling rig.  The deepwater unit is being built by Cosco, but has faced construction delays. Meanwhile…

Keppel gets US$120 million contracts

Oct 07, 2014

Keppel Offshore & Marine Ltd. (Keppel O&M) wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Nantong Shipyard Co. Ltd were awarded contracts worth approximately US$120 million. From Keppel   Bumi…

Sevan suffers utilization rate drop

Oct 06, 2014

Sevan Drilling and Cosco (Qidong) Offshore have agreed to extend a standstill agreement over the building of the deepwater, cylindrical drillship Sevan Developer to 4Q. The move, which follows an initial standstill agreement, made on September 22…

Sevan Louisiana issues continue

Sep 08, 2014

Sevan Drilling's cylindrical drilling unit, the Sevan Louisiana (pictured), continues to encounter operational difficulties due to the BOP and supporting systems, the firm said today (September 8). An original issue with the unit's BOP…

Leak halts GOM drilling

Aug 19, 2014

Sevan Drilling's Sevan Louisiana ultra-deepwater semisubmersiblse drilling rig has temporarily halted operations due to a control system leak on the blow out preventer (BOP), the firm said today (August 18).  In order to repair the leak…

Maersk Supply orders up to 6 supply vessels

Aug 13, 2014

COSCO (Dalian) Shipyard Co., a subsidiary of COSCO Corporation's 51% owned subsidiary, COSCO Shipyard Group Co., has secured contracts worth more than US$470 million, excluding owner-furnished equipment, from Maersk Supply Service (part of the A…

Teekay inks accommodation unit

Aug 11, 2014

Teekay Offshore Partners have exercised the first of six options to build another floating accommodation unit (FAU) based on the cylindrical Sevan design at the Cosco Shipyard, Nantong, China. The new FAU is scheduled for delivery in Q3 2016…

Cosco jackup delivered

Jul 24, 2014

Singapore's Cosco announced on 23 July that the Cosco (Nantong) Shipyard, delivered jackup Kai Xuan Yi Hao to an unamed Asian buyer. The jackup, which measures 66.71m in length of all and is 67.06m wide, can operate at water depths of…

Octabuoy on the market

Jul 23, 2014

Singapore-based COSCO Corporation is looking for a buyer for ATP Oil & Gas (UK)’s Octabuoy facility.  COSCO’s Nantong yard ceased work on the project, a semisubmersible dry-tree production platform, which had been due to be used on ATP’s UK North Sea Cheviot field development…

Kongsberg secures Chinese contracts

Jul 18, 2014

Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of NOK330 million. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC)…

MacGregor inks multiple contracts

Jul 11, 2014

Macgregor, a Cargotec company, has secured contracts from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply equipment for two projects that will be booked into the company’s Q2 2014 order intake…

Vroon orders 2 more PSVs

Jul 11, 2014

COSCO (Guang Dong) Shipyard Co. is going to build a further two platform supply vessels of the ULSTEIN PX121 design for Vroon Offshore Services, the Netherlands. Ulstein has entered into an agreement with COSCO on delivering ship design…

First steel cut on Caspian vessels

Jun 23, 2014

First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…

Teekay to acquire Logitel, signs FSO extension

May 16, 2014

Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…

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