Offshore

Singapore’s Keppel Corporation has clinched a $425m order from Norway’s Awilco Drilling to construct a mid-water semi-submersible harsh environment drilling rig.
Chinese state-owned Shanghai Waigaoqiao Shipbuilding (SWS) has officially launched its offshore engineering arm, Waigaoqiao Qingdong Offshore Engineering Company, located at Qidong ship industrial park, Jiangsu. 
In Profile: POSH are a Gold Sponsor of the Saudi Maritime Congress and will be in attendance at the event in Riyadh on 11-12 March.  Ahead of the show, they…
ExxonMobil announced 28 February it has found a large new natural gas field in waters off Cyprus.
As the offshore market starts to turn the corner some 33 FPSO projects are expected to be sanctioned over the next three years according to analysts Rystad Energy.
Golar LNG’s Gimi MS Corporation has inked a 20-year lease and operate agreement (LOA) with BP for the charter of FLNG Gimi, for which Keppel Corp has agreed to subscribe…
South Korean LNG project developer EPIK has penned an agreement with Hyundai LNG Shipping to develop FSRU projects on a global basis.
Hong Kong’s CLP Power plans to construct the territory’s first offshore LNG receiving terminal at the end of this year, after the utility group gained an environmental permit for the…
Royal Boskalis Westminster N.V. (Boskalis) has acquired a 62.5% majority stake in the Horizon Group (Horizon) from the United Arab Emirates, Boskalis said in a statement.
Owner of the world’s largest container line AP Moller – Maersk released its annual results on Thursday talking about an accelerated transformation, however, more than two years into a huge…
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