Cosco News

 

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)…

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…

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…

COSCO wins multi-vessel orders

Apr 22, 2014

COSCO subsidiary companies have picked up contracts to build four emergency response rescue field support vessels (ERRVs) and two platform supply vessels (PSVs).  COSCO (Dalian) Shipyard Co. won the four- ERRV contract, from an Asian company…

Prosafe orders two accommodation units

Nov 07, 2013

Prosafe has agreed a letter of intent (LoI) with COSCO (Qidong) Offshore Co. Ltd. for the engineering, procurement and construction of two semi-submersible accommodation vessels, with options for four further units. The vessels will be…

Sevan Drilling gets third rig

Oct 23, 2013

Sevan Drilling ASA today (October 23) took delivery of the Sevan Louisiana from Cosco Quidong Shipyard in China. The drilling rig has a cylindrical hull design and will be capable of drilling in water depths to 10,000ft. Sevan Louisiana…

Dutch firms eye growing markets

Sep 01, 2013

New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…

COSCO updates newbuild activity

Aug 02, 2013

COSCO Corp. Ltd. has been active completing vessels and signing new construction contracts. The company announced that COSCO (Qidong) Shipyard Co., Ltd has delivered the jackup barge, IB914, and the transportation barge, IB924, to an Australian company…

Aker wins mooring system supply

Jul 17, 2013

Aker Solutions won a contract to supply a complete Pusnes wire mooring system for a cylindrical-shaped accommodation unit being built at Cosco Nantong Shipyard in China. The equipment includes three triple wire winches, three control cabins…

Wartsila wins Chinese rig supply

Apr 17, 2013

Wärtsilä will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China, the company announced on 17 April 2013. Wartsila power…

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