South Koreans miss out on $1bn BP FPSO
Hyundai Heavy Industries looks to have lost out to Chinese competition for offshore newbuilding.
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Maritime News
New Offshore Decommissioning Barge
Longitude Engineering reportedly has developed a cost effective decommissioning barge concept for the removal of small oil and gas platforms for the PTT Exploration and Production (PTTEP), a subsidiary of the Thai state owned oil company. The…
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SITC International sees stronger start to 2018
Chinese intra-Asian containership operator reports an uptick in revenue and freight rates.
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Coco Vroon Steps Down as Managing Director
Coco Vroon is stepping down as CEO of Netherlands based shipowner Vroon Group, after having settled a credit agreement with the company’s lenders. “Now that agreement has been reached with our Lenders in respect of the main terms of the financial-restr…
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TechnipFMC Grabs BP FPSO Design Contract
UK-based TechnipFMC has been awarded a front-end engineering design (FEED) contract by BP for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim Field Development, a major LNG (liquefied natural gas) project located…
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