POSCO Engineering & Construction Co., a construction unit of South Korea’s leading steelmaker POSCO Co. (KSE:005490), said today it had clinched a US$112 million preliminary deal to build an international container terminal in southern Vietnam.
Van Oord Offshore signed a contract with client Rompetrol for the installation of an oil unloading system in The Black Sea in Romania. This contract has a value of EUR 56 million. The project will commence early May and be completed before end 2008. The contract contains an EPIC contract (Engineerin
MPs will visit two Glasgow’s shipyards amid growing concern that no final contract has yet been signed for the Royal Navy’s two new aircraft carriers. Members of the Commons Scottish affairs committee are to tour the yards at Govan and Scotstoun which are in line to build the super-sized ships.
Hyundai Heavy Industries said Sunday that it has developed a new technology that makes it possible to launch a completed ship while continuing shipbuilding work at the same dock. ‘The new technology is expected to help reduce the terms of works by almost 20 percent because we no longer have to stop
After the success of the previous four events, this year Ferretti Group renewed its customary appointment – Convergence – the training and refresher courses organised exclusively for Ferretti Group yacht and megayacht Captains, in Rome.
The Alvheim FPSO left the port in Haugesund on the 16 February for final commissioning and testing in the Amoyfjord. Due to adverse weather conditions the sailaway to the final location on the Alvheim field was delayed. The Alvheim FPSO was moved from the Amoyfjord on the 25 March to the Alvheim Fie
Subsea 7 Inc announced today that it has been awarded a contract valued in excess of US $200 million by Petrobras (Petroleo Brasileiro S/A) for an EPIC* contract, in the Espirito Santo Basin offshore Brazil. The contract will involve the design, engineering, procurement, fabrication and installation
Aker Kvaerner today launched an internal process that will lead to the creation of one, new business area that integrates the operations of its current Maintenance, Modifications and Operations business area (MMO) and Field Development business area (FD). The new business area will have nearly 8 500
Environmental campaigners are calling for greater restrictions on shipping around Antarctica in order to prevent damage to its unique ecosystems. More tourists than ever before are visiting Antarctica, some in ships not designed for the harsh conditions.
Arabian Business reported that South Korea’s Hyundai Engineering & Construction Company has received contracts worth QAR 1.9 billion to build power generation facilities. One of the contracts is worth USD 201 million and will involve the construction of seven substations in 30 months, while the othe
Managers at a shipyard in Cornwall say they believe the future of the business is secure. Pendennis Shipyard in Falmouth made the announcement while highlighting a new exhibition about the yard’s history at the town’s National Maritime Museum.
FOUR workers were killed and six others injured in a construction accident inside the Tsuneishi shipbuilding compound in Balamban, Cebu, at 3:05 p.m. yesterday. The four welders fell from a height of 40 to 60 feet at a warehouse building when the trusses they were repairing gave way.
Imtech Analyser Systems and Imtech Vonk, part of Imtech international Oil & Gas group, have secured major international orders with a total contract value of some 40 million euro.
Transocean Inc. today announced that the ultra-deepwater semisubmersible Deepwater Nautilus has been awarded a minimum three-year contract extension commencing in December 2008 by a subsidiary of Royal Dutch Shell plc. Under the terms of the amendment extending the term of the drilling contract, She
