Dolphin Offshore Enterprises India Ltd said it has received two orders worth $16m for its diving support vessels. One of the contracts worth $10m is to be executed within 3 months while the other from Punj Lloyd Ltd has a 2-month duration. Source: Reuters
Singapore-based ship repairer Keppel Hitachi Zosen Ltd said on Monday it won a contract worth about $161 million to build four cable-laying and repair vessels for TyCom Ltd. The company said in a statement that each of the 7,800 dwt ships would be used for installation and maintenance of the Tycom Global Network, a worldwide undersea fiber optic system being deployed by TyCom. Keppel Hitachi had already been awarded an earlier contract in April for two cable-laying and repair vessels
Two oil and gas players, SapuraCrest Petroleum Bhd and Ramunia Holdings Bhd, announced major contracts related to the industry worth $120 million and $24 million respectively. SapuraCrest said its 51%-owned unit Tioman Drilling Co Sdn Bhd had been awarded a contract from Carigali-Triton Operating Co Sdn Bhd (CTOC) for the provision of two drilling units– Teknik Berkat and a new mobile drilling vessel, known as T-10 – to CTOC.
Singapore shipbuilder Labroy Marine said on Wednesday it has signed two shipbuilding contracts worth $58.9m in total. Labroy, whose regular customers for offshore support vessels are in the United States, Europe and the Middle East, said the two ships are to be delivered in 2009. Source: Reuters
Israel Shipyards won two contracts, worth over $50 million, to build four general cargo ships for two European customers, according to a report on www.port2port.com. Israel Shipyards Ltd (ISL) has specialized in military shipbuilding. The first customer ordered two ships which will be employed by European cement manufacturers the second, a shipping company which operate some 50 vessels of similar size. The four 90 meters long vessels on order, are classified as dwt 4
According to a June 1 report from channelnewsasia.com, STX Pan Ocean said it won a shipbuilding contract worth at least $40m for a semi-submersible heavy lift carrier. (Source: Channelnewsasia.com)
ASL Marine Holdings Ltd. has secured major shipbuilding contracts worth S$164 million. These contracts are for the construction of seven vessels involved in offshore oil and gas as well as port terminal operations. The seven vessels include six units of Rotor tugs secured from repeat customers in Europe as well as one unit of Heavy Lift cum Pipelay vessel secured from a customer in India. These contracts are due for delivery by 2009.
Saab Systems signed a contract worth $87m with Tenix Marine to design and develop the Combat Management System for Australia's new Landing Helicopter Dock (LHD) amphibious class of ships. Saab and Tenix have agreed on a contract that will see Saab responsible for design, development and integration of the new ships' Combat Management System. Saab will supply the next generation 9LV Combat Management System based upon open architecture and the naval surveillance radar Sea Giraffe AMB
International oilfield service company Expro has been awarded a multi-million pound contract by Apache North Sea Ltd in the UK North Sea following completion of a competitive tender process. The contract, worth approximately $7.5m annually, mainly covers work on the Forties field. It sees Expro providing wireline services and establishing an alliance with another leading provider to deliver coiled tubing and pumping services for Apache.
The MoD has awarded contracts worth US$ 548-million to UK companies to design the next generation of nuclear deterrent submarines The first Successor submarine is due to be delivered in 2028, replacing the Vanguard Class submarines which currently carry the UK’s nuclear deterrent - Trident. Although a decision on the final design and build will not be made until 2016, detailed work has to take place now to ensure that the Successor submarines will be the most technologically advanced
Vard Holdings Limited has secured a contract worth approximately NOK 350 million for the construction of one stern trawler for a new Canadian client. The ice-classed vessel will be 79 meters long, 16.6 meters wide and is of Rolls-Royce NVC 374 design
Prosafe announced it has signed a contract worth approximately $24 million with Shell U.K. Limited for the provision of the Regalia semi-submersible accommodation vessel at the Brent C platform in the U.K. sector of the North Sea. The short duration contract commencing in the second quarter of
Singapore’s ASL Marine Holdings Ltd said that its wholly-owned subsidiary, ASL Shipyard Pte Ltd has clinched shipbuilding contracts worth approximately SGD140m ($100m) for the construction of a series of tugs and barges.
ASL Shipyard Pte Ltd. a wholly-owned subsidiary of ASL Marine Holdings Ltd., has secured new shipbuilding contracts worth approximately S$140 million for the construction of a series of tugs and barges, the company’s board of directors announced Thursday.
Cosco (Guangdong) Shipyard secured a contract worth over 129 million yuan ($20.8m) to build one research vessel, to be delivered in the fourth quarter of 2017. The contract will become effective upon the receipt of letter of guarantee from the shipyard's bank.
One of the world's premiere ship repair facilities, ASRY based in Bahrain, unveils its move into new vessel construction. ASRY signed an agreement with the Bahrain Coast Guard to design and construct a new Landing Craft for the transport of vehicles, potable water, and fuel
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine
The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines and a mid-life upgrade for two Gotland-class submarines. Work on the two A26s is to be completed by 2024
A report in the Economic Times say that Russia wants to make India a global hub for the upgrade, maintenance and repair of conventional submarines and its leading shipyard is in final talks to select an Indian joint venture partner for a mega project to set up facilities.
Singapore-listed Vallianz Holdings has won a contract worth up to US$300 million (S$405.51 million) to supply two self-elevating platforms to a large national oil company in the Middle East. The contract from one of the world’s largest national oil companies involves the
Sembcorp Marine has signed an engineering and construction contract worth about US$1 billion to build the world's largest semi-submersible crane vessel for a unit of Netherlands-based Heerema Offshore Services B.V. Scheduled for delivery in the fourth quarter of 2018
Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East.
Electromagnetic Geoservices ASA (EMGS) has received a letter of award (LOA) for a contract worth approximately USD 4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia. The two parties have entered into a two-year contract
Honghua Group Ltd. informs it has signed a shipbuilding deal with LNG Power Shipping Ltd. for the construction of 200 eco-friendly inland river ships to be powered by liquefied natural gas (LNG). The contract, worth approximately RMB760 million ($122
Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won. Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair