MHB signs JV Agreement with Technip on Hull Engineering

Malaysia Marine and Heavy Engineering Holdings Berhad (“MHB”) is pleased to announce that it has entered into a Joint Venture Agreement with Technip Geoproduction (M) Sdn Bhd (“TPGM”) for the establishment of a jointly controlled entity, to be known as Technip...

Posted on 7/05/2011 / 0 comments / Read More

Shipbuilding Delays Plunge to 3-Year Low as Chinese Yards Speed Deliveries

Delays building capesize commodity carriers that haul iron ore and coal fell to the lowest level in at least three years as record numbers of new vessels constructed in China joined the fleet on schedule. [Read More] Source: Bloomb...

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Petrobras finds new oil & gas

Petrobras announced another two oil and gas finds in the Espírito Santo basin, in the BM-ES-23 concession area, block ES-M-525, totaling three discoveries in this concession. At 115 km off the Espírito Santo coast, and at depth of approximately 1,900 meters of...

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Consent to carry out exploration drilling in block 16/2

Statoil has received consent to carry out exploration drilling of wells 16/2-8 and 16/2-9S in the North Sea with the Transocean Leader mobile facility.  The wells will be drilled in production licence 265, with Statoil as the operator (40%). The other licensees...

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Songa providing Statoil with a new rig type

Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. "Stepping...

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Qingdao Hyundai Shipbuilding delivers 2nd bulk carrier for VBTH

Qingdao Hyundai Shipbuilding shipyard held a delivery signing ceremony for the second multipurpose dry bulk vessel "Agate" of a series of ten ships of the project DCV36, ordered by holding company VBTH, said Universal Cargo Logistics Holding said, the majority...

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Daewoo Plans to Build $6 Billion South African Shipyard, Business Day Says

Daewoo Shipbuilding & Marine Engineering Co., a South Korean shipping company, wants to build a shipyard next to Richards Bay Coal Terminal on South Africa’s east coast, Business Day said. [Read More] Source: Bloomb...

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Korea's Top 3 Shipbuilder Secure More Orders This Year

Korea's top three shipbuilders saw an increase in new orders this year despite global shipbuilding orders dropping sharply from a year earlier. According to related industries on Thursday, global shipbuilding orders during the January to May period stood at 12...

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Maersk orders two additional ultra deepwater drillships at Samsung

Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea.The drillships are scheduled for delivery in the second and third quarters of 2014,...

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