The Market - Global Floating Production Capex to Double.Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. This growth…
DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME. The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia.…
Japan’s first offshore floating wind farm begins trial operation off the coast of Goto Islands, Nagasake Prefecture.A Japan Government energy ministry spokesperson said that diversifying energy sources in Japan has become a significant national…
IMA has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 47th in a series of IMA reports on the deepwater production sector that began in 1996…
Excelerate Energy enters Into a shipbuilding option agreement with DSME for 8 New Floating Storage and Regasification Units (FSRUs).The option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) is for the delivery of up to eight…
Allen Marine, Inc. has announced the construction of the world's first aluminum floating dry dock. This fully self-contained, eco-friendly unit represents a major breakthrough in boat-lifting equipment. The aluminum floating dry dock is the brainchild of CEO David Allen…
IMA has completed a study of the floating production market, and the report documents strong growth in the business sector. According to the market survey, 14 floating production units have been ordered over the past four months – a record pace reflecting strong underlying market drivers…
Society releases new Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage and OffloadingApril 28 (Tokyo) - Nippon Kaiji Kyokai (ClassNK) is pleased to announce the publication of its new Guidelines for Floating Offshore Facilities for LNG/LPG Production…
Houston-based, BEI Security announced the availability of MarineNet, an above water and underwater security intrusion detection system for commercial and military facilities. MarineNet can be installed underwater in one of two configurations…
Shell signed two contracts with the Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. These contracts formalize the announcement made by Shell in…
Dockwise Ltd. announced that contracts have been secured by its subsidiary Dockwise Shipping. Next to an engineering assignment, the transportation of a semi- submersible rig, a jack- up rig and river barges for a value of $20m were signed for the short term…
The Australian Maritime Complex along with Landcorp recently announced the name of the Floating Dry Dock at the official naming ceremony. The Floating Dock was given the traditional Nyoongar name Yagan by the South West Aboriginal Land and Sea Counsel in consultation with Nyoongar Elders…
The Spanish company Iberdrola Renovables and SENER, Ingenieria y Sistemas, have signed an agreement for the active participation of SENER in the R&D concerning floating wind turbine supports moored over deep waters -more than 50m depth. The project…
According to an Oct. 9 report from The Wall Street Journal, Royal Dutch Shell PLC announced plans to deploy the world's first floating liquefied-natural-gas facility, off the coast of northwestern Australia, in a move that could have major repercussions for the global natural-gas industry…
According to a Sep 9 report from AsiaPulse, Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world's second-largest shipbuilder, said that it has completed the construction of the world's largest floating dock. The dock is 1,437 ft long…
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