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Daewoo Wins $2 Billion FPSO Order From Inpex

SEOUL - South Korea's Daewoo Shipbuilding & Marine Engineering said on Thursday that it had received an order worth $2 billion to build a Floating Production Storage and Offloading (FPSO) vessel for Japan's top oil and gas explorer, Inpex Corp. Daewoo said it planned to deliver the vessel by April, 2016. The vessel will be in operation for Inpex's Ichthys project in the Browse Basin offshore Western Australia, Daewoo. (Reuters)  


Intertek Awarded INPEX Ichthys Dimensional Control Package Contract

Intertek, a leading quality solutions provider to industries worldwide, has been awarded the dimensional control contract for INPEX Ichthys FPSO (Floating Production Storage Offloading) turret development.  This contract calls for the assurance and verification of fabrication and integration of the FPSO turret. Intertek Surveying Services has been operating for over 25 years and is considered a global leader in dimensional control, laser scanning and precise surveying


LNG Carriers, Drillship Orders Increase in Korea Yard

Photo credit Wiki CCL lngrivers

Shipbuilding orders trend upward at Samsung Heavy Industries Easing of the Eurozone sovereign debt problems, increased issue of drilling permits in the Gulf of Mexico and growing demand for drillships in Latin America and West Africa have combined to give Samsung Heavy Industries the best order growth visibility among the “Big Three” – Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering.


Technip Awarded Supply Contract for Australian Gas Field

Inpex Corporation awarded Technip a flexible pipe supply lump sum contract for the Ichthys gas field in Australia. Inpex has novated this contract to McDermott as part of the overall subsea umbilical, riser, flow line EPCI contract. The Ichthys LNG project is a Joint Venture between Inpex (76 percent, the Operator) and Total (24 percent). Gas from the Ichthys field, in the Browse Basin approximately 200 kilometers offshore Western Australia


Australian Offshore LNG Project Chooses Intergraph Software

Intergraph® SmartPlant® Enterprise selected by operator, Inpex, to manage information for mega-project, Ichthys LNG. Inpex has implemented SmartPlant Enterprise solutions for the Ichthys LNG Project, including SmartPlant Enterprise for Owner Operators (SPO) as its information management system, SmartPlant 3D and SmartMarine® 3D (collectively known as Smart 3D), SmartPlant Instrumentation, SmartPlant P&ID and SmartPlant Electrical.


LNG Offshore Mega-Project Contract for Phusion

UK headquartered Phusion appointed as Data Management Contractor (DMC) for the INPEX-led Ichthys LNG Mega-Project. The six-year contract is worth £11.5 million (AUD17.6m). The deal extends Phusion’s growing portfolio in Australia where the company is already engaged on the giant Chevron Gorgon project. Phusionwill assist INPEX by efficiently managing enormous amounts of engineering data associated with the Ichthys LNG Project


LNG 'Pea Pod' Carrier Order for MHI

Sayaendo LNG carrier: Photo credit MHI

Mitsubishi Heavy Industries to build a 7th pea-pod superstructure shape "Sayaendo" LNG carrier for a "K" Line/INPEX subsidiary joint venture. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull, resulting in significantly improved fuel consumption and maintainability. The order was placed with MHI by Ocean Breeze LNG Transport, Ltd. (OBLT), a joint venture between Kawasaki Kisen Kaisha, Ltd


HMC’s Aegir Arrives in the Netherlands

Photo: HMCC

Heerema Marine Contractor’s new Deepwater Construction Vessel Aegir arrived in Rotterdam’s Caland Canal after a journey of almost two months from the DSME shipyard in Okpo, South Korea where it was built. The 210m long and 46.2m wide vessel will move to the Huisman yard in Schiedam in April where the pipelay equipment will be installed. Aegir is scheduled to start work on its first installation project (Anadarko Lucius) in the Gulf of Mexico in the fourth quarter of 2013


Transocean Drilling Rig Fleet Update Summary

Transocean Rig: Photo courtesy of  the owners

Transocean Ltd. has issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since January 16, 2014. The total value of new contracts since the January 16, 2014 Fleet Status Report is approximately $66 million.

Estimated 2014 out-of-service time increased by a net 150 days, including 91 days primarily associated with customer-requested and substantially reimbursed


First Oil Produced From Kashagan Field

Eni announces that first oil from the giant Kashagan oil field has been produced. The oilfield is located in the North Caspian Sea, approximately 80 kilometers southeast of Atyrau, in Kazakhstan. Eni holds a 16.81% stake in the consortium for the development of Kashagan and through Agip KCO is responsible for developing and start of production of the field. The other partners in the consortium, represented by the operator NCOC (North Caspian Operating Company) which operates within the


Prelude By the Numbers

Prelude will consume more than 260,000 tons of steel, more than 5 times the steel used on the iconic Sydney Harbour Bridge and 3 times the steel used on the Golden Gate Bridge.

Out at sea, look! It’s a ship! It’s a floating rig! It’s SuperFLNG! While not “faster than a speeding bullet,” Shell’s shipzilla Prelude is certainly more powerful than a speeding locomotive, and will be able to leapfrog in size


Farstad Offshore Vessel Squadron Chartered Out

Farstad OSVs: Image courtesy of Farstad ASA

Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows: Inpex has awarded contracts to AHTS Far Sword (2006, UT 712 L, 14.700 BHP) and AHTS Far Stream (2006, UT 712 L, 14.700 BHP)


BAM Clough And SAL To Move LNG & LPG Product Loading Platforms

SAL MV SVENJA

  SAL Heavy Lift GmbH, through its wholly owned Singapore subsidiary, SAL Heavy Lift Singapore Pte Ltd, has signed a major new contract with Australia's BAM Clough Joint Venture for shipping and deployment of LNG and LPG product loading platforms for the INPEX-operated Ichthys LNG Project


Kashagan Consortium: Oil Production Not Expected in 2014

Kashagan Oilfield location. Photo: Uwe Dedering

 A consortium developing Kazakhstan's huge Kashagan oilfield said on Monday it did not expect to produce oil in the offshore field this year due to leaking pipelines.   "The current assessment, based on the results of an investigation


Offshore Floating Production Hits Headwinds

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Floating Production inventory continues to grow, but rising costs, shale oil and gas are starting to create significant headwinds Floating production has been one of the most significant developments in the oil and gas industry over the past four decades


Ichthys LNG Facility to Use Light Structures Monitoring Solution

Light Structures, a global technology company for fiber optic monitoring and analysis systems, has won the contract to provide the Load & Fatigue Monitoring Solution for the $2.7 billion Ichthys LNG Central Processing Facility (CPF), currently under construction by Samsung Heavy Industries


Light Structures to Help Secure Future of Giant Ichthys LNG Facility

Light Structures, a global technology company for fiber optic monitoring and analysis systems, has won the contract to provide the critically important Load & Fatigue Monitoring Solution for the $2.7 billion Ichthys LNG Central Processing Facility (CPF)


Shell Floats Hull for World’s Largest Floating Facility

Photo: Shell

The 488-meter-long-hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility has been floated out of the dry dock at the Samsung Heavy Industries (SHI) yard in Geoje, South Korea, where the facility is currently under construction


Aurora LNG Submits Canada Export Bid

British Columbia’s first liquefied natural gas (LNG) proposal at Grassy Point near Prince Rupert has filed its export application with Canada's National Energy Board (NEB). "Aurora LNG is moving forward with their plans to export B.C


Floating Production Systems: A Big Opportunity for Shipyards

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Opportunities for Shipbuilders and Repair Yards In a Huge & Growing Market Since the beginning of this year, orders have been placed for 17 floating production systems.   The combined value of the fabrication contracts exceeds $16 billion


Scana Industrier to Supply Steel for Ichthys Project

Scana Industrier ASA has through its subsidiary Scana Steel Stavanger, been awarded a new contract from Samsung Heavy Industry for delivery of steel casting intended for the Australian Ichthys project, representing a value of 36-million NOK.


Latest Global Tankship Shipbuilding Contracts

Further ordering activity seen in the tanker market in the period up to 10, June 2013, according to Clarkson Hellas Weekly S+P report. Clients of Consolidated Marine Management have contracted three firm 115,000 DWT LR2s at Hyundai Samho. Understood to have been signed earlier this year


ABB Wins Third Ichthys FPSO Major Contract

ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering


ABB Main Electrical Contractor for Ichthys Offshore Project

Ichtys Project: Image credit ABB

ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering


Keppel FELS Adds US$300 Million in New Contracts

Keppel FELS Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured three contracts worth a combined US$300 million from repeat customers. The contracts are for the construction of a KFELS B Class jackup rig from Star Drilling Pte Ltd






 
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