South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering (DSME) has received an order for a large liquefied natural gas (LNG) floating storage regasification unit (FSRU).In a statement on the Korea Exchange, DSME said the contract was worth around 411 billion South Korean Won…
Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start of production on a conversion project for Boskalis B…
SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…
CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME, has initiated the early works contract for the very first floating heavy lift and installation vessel to be built in Taiwan.To be named ‘Green Jade’…
The Dutch government said on Thursday it is providing ailing shipbuilder Royal IHC with a lifeline of up to almost 400 million euros ($435 million), enabling the company's takeover by a consortium of marine companies and investors from Benelux countries…
Keppel Offshore & Marine, an offshore construction subsidiary of Singapore's Keppel Corp, expects challenging conditions ahead due to the drop in oil prices but says its business diversification into gas and renewables has paid off.The company…
All the grand blocks for the Cable Laying Vessel (CLV) ‘Nexans Aurora’ have now been assembled at the hull yard, CRIST, Norway's Ulstein has informed. 'Work tasks such as some steelwork, outfitting, and paintwork now need to be carried out before the hull can be towed to Ulstein Verft…
Østensjø Group's offshore wind business Edda Wind has signed long term time charter deals with MHI Vestas and Ocean Breeze Energy respectively for two of the four offshore wind vessels ordered from Spanish yards. The charter agreement with MHI…
Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements…
Norwegian shipbuilder Vard has said it has won a contract to design and build a Service Operation Vessel (SOV) for Ta San Shang Marine.The news comes a day after Orsted confirmed it would charter a newbuild SOV from Ta San Shang - a JV between MOL and TTM - on a 15-year deal…
Danish offshore wind farm developer Ørsted has signed a 15-year contract with Ta San Shang Marine, chartering the shipping company to build the world's first-ever Taiwan-flagged service operation vessel (SOV) for the operation and maintenance (O&M) of Ørsted's Greater Changhua offshore wind farms…
The Mediterranean-focused oil and gas company Energean has said that the hull of its Energean Power FPSO has reached Singapore.The China-built hull is expected to be fitted with the topside modules built in Singapore at the Sembcorp Yard, before setting sail to the Karish offshore field in Israel…
While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet…
Two new dive support vessels (DSV) operated by Belov Engenharia Ltda. have completed class commissioning and are currently performing client acceptance testing for Petrobras.Built at Belov's own fabrication facility in Salvador, the newbuilds…
PaxOcean, Singapore-based builder focused on offshore rigs, semi-submersibles and specialized offshore vessels, has signed a contract with Japanese general contractor Penta-Ocean Construction to construct a self-elevating platform (SEP) for use in the offshore wind sector in Japan…