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…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
Hamilton, Bermuda-based Seadrill Ltd. has entered into contracts to build two high-specification, jackup drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The rigs are scheduled for delivery during Q2 and Q3 2016…
Harkand launched the Harkand Harmony, its newest ROV support vessel, designed to service Asia Pacific’s oil and gas industry. Around 100 invited guests from across the global energy sector attended the christening ceremony at Keppel Marina in Singapore…
Norway's PG Marine Group is to provide six of its PG-MACS tanks for a newbuild dual-fuel platform supply vessel (PSV). The vessel, to be built at the Remontowa Shipyward, Romania, will be operated by Siem Offshore on long term charter to Norske Shell…
BigLift Shipping's new vessel Happy Sky started its her maiden voyage from Shanghai to Cape Lambert, Australia, on Monday. The vessel is transporting three large modules – 1 x 935 mt / 1 x 818mt / 1 x 777 mt – to be installed as part of the Port B…
Helix Energy Solutions Group, Inc. announced plans to proceed with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market…
Statoil details the load out process and sail away of a 10,600-ton topsides model destined for its Gudrun field, in the Norwegian North Sea, from Aibel's shipyard in Haugesund, Norway. Read more about the topside's journey here.
Sophisticated monitoring systems on floating production systems can provide real time information for operational support and to improve performance, but a holistic approach is needed to be fully beneficial. Louise Ledgard, head of oil and gas business development…
The lead ships classed by Lloyd’s Register incorporate advanced design, containment and operational features as well as the ability to cope with the harsh operating environment of the Arctic. Dynagas, the liquefied natural gas (LNG) shipping…
As subsea production systems are entering a new era, Statoil is finding that designing, qualifying and installing the subsea factory is just the start—the future will require a new breed of vessel, Elaine Maslin explains. Earlier this summer…
The global offshore heavy lift market is fragmented, but evolving, with new vessels expected to bring a step change in capability and flexibility. Elaine Maslin reports. Offshore heavy lifting capability has increased in waves, from the early heavy lifts of just a few hundred tonne…
Many arguments about the capabilities of a tug can be quickly settled when you can conduct a full-ahead power, bollard pull test. “Many captains will argue about horsepower, hull design, rudder angles, and other variables, but the only…
Active heave compensation has become a must-have for offshore lifting and landing. But is it the best solution? Heave compensation systems were introduced to the offshore market in the early 1980s to enable the safe landing and lifting of loads…
Malaysia's national oil and gas company Petroliam Nasional Bhd (Petronas) projected to make a final investment decision on a floating liquefied natural gas (FLNG) project for the Rotan field in Block H, offshore Sabah, in 2H 2013. The Malaysian Business Times reports that once sanctioned…