Offshore

United Arab Emirates (UAE) offshore shipyard and engineering firm Lamprell has won an engineering, procurement, installation and commissioning contract (EPIC) from Sharjah National Oil Corporation (SNOC).

Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components’ package.

Drydocks World has started work on the conversion of a drillship to an offshore installation vessel for Boskalis.

Offshore rigbuilder Lamprell is consolidating its United Arab Emirates (UAE) yards into a single facility at Hamriyah as part of an overhead reduction programme.

Oslo-based energy analyst Rystad Energy estimates that today’s oil supply demand imbalance of more than 26m barrels per day (bpd) should fall to 13.6m bpd in May and about 6m bpd thereafter.

CSSC Marine Power has inked contracts for the production of four engines and 24 generator sets with CSSC logistics service company.

Keppel Offshore & Marine (Keppel O&M) has delivered its sixth jack-up rig newbuild to Borr Drilling.