Korean shipbuilders are increasingly turning to China to secure the supplies of steel they say they desperately need to handle a backlog of orders.
South Korea will retain its position as the world’s largest shipbuilder despite a tie-up between French engineering giant Alstom and Norwegian company Aker Yards, industry officials and analysts said.
The first phase of the Vietnam Shipbuilding Industry Corporation (Vinashin)
General Dynamics Electric Boat Corp. in Groton, CT received a $13.9 million cost-plus-fixed-fee contract for the services required to staff and operate the Nuclear Regional Maintenance Department (NRMD) at SUBASE, New London.
Diamond Offshore Drilling, Inc. (NYSE:DO) today announced initiation of a major upgrade of the Victory-class semisubmersible Garden Banks, which has been renamed Ocean Monarch. The modernized rig will be designed to operate in up to 10,000 ft. of water
Diamond Offshore Drilling, Inc. has announced initiation of a major upgrade of the Victory-class semisubmersible Garden Banks, which has been renamed Ocean Monarch. The modernized rig will be designed to operate in up to 10,000 ft.
(Brazil)- Brazil’s federal energy company Petrobras expects to receive the hulls of the P-52 semisubmersible platform and the P-54 FPSO vessel from Singapore in March.
ABB, the leading power and automation technology group, said it has been awarded contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 new marine vessels and two semi-submersible drilling rigs.
“The year 2005 has been an exciting year for EnerGulf, as we have made incredible progress in pursuing our Pan-African business plan of assembling a strong portfolio of high-impact oil and gas exploration opportunities as well as adding world class talent to our technical team.”
(West Africa) – Peak Petroleum Industries Nigeria Ltd. and Equator Exploration provide an update on drilling activities on the B-1 DX well located on the OML 122 license area, offshore Nigeria.
The Viet Nam Shipbuilding Industry Corporation (Vinashin) posted 2005 total revenue of 7.822 billion VND, an increase of 41 percent over 2004, and a total production value of 11.017 billion VND, a 46 percent year-on-year increase.
By Jung Sung-ki Staff Reporter: The Navy seeks to deploy three 3,500-ton class next-generation submarines in the field by 2020 in stages under plans to achieve a “self-reliant
BEIJING, Jan.5 — Hyundai Heavy Industries Co., the world
The Vietnam Oil and Gas Corporation (PetroVietnam) discovered a number of oil wells with a combined reserve of 40.6 million tonnes of oil equivalent in 2005, bringing the volume of discovered oil equivalent to 150 million tonnes.
