Höegh LNG has, pursuant to a successful private placement, today exercised an option for a new FSRU to be built at Hyundai Heavy Industries Ltd. in Korea. The FSRU will be delivered in the second quarter of 2014, and its specifications will be adapted to comply with relevant project requirements. Höegh LNG’s President and CEO, [...]
February 3, 2012 | Posted in
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Marin Teknikk AS, a company providing engineering services for shipyards and ship owners in the offshore industry has signed an agreement with Shinan Heavy Ind. Co., Ltd. in Korea for design and engineering of the company’s new PSV vessel. The vessel is a Multipurpose Field Supply Vessel & Pipe carrier of MT6015 PSV design, with diesel [...]
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Hyundai Heavy Industries, the world’s biggest shipbuilder and offshore facilities contractor announced today that the Company completed developing its own Hyundai FLNG (Floating Liquefied Natural Gas Plant) model in association with Linde AG, an international industrial gases and engineering company of Germany. The Hyundai FLNG has an annual production capacity of 2.5 million tons of [...]
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Höegh LNG Holdings Ltd. has extended its option agreements with Hyundai Heavy Industries Co. Ltd. (HHI) for the delivery of two FSRUs, that were to expire by mid December 2011 and mid January 2012, respectively. Both option agreements are now valid into first quarter 2012. The Company’s third and fourth option agreements are not affected [...]
December 23, 2011 | Posted in
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Reference is made to notice to Oslo Stock Exchange dated 17th October 2011 regarding an option for a second drillship at Hyundai Heavy Industries Co. Ltd. A wholly owned subsidiary of Fred. Olsen Energy ASA has decided not to declare the option for a second drillship. On October 17, a wholly owned subsidiary of Fred. [...]
December 19, 2011 | Posted in
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South Korea’s Hyundai Heavy Industries, the world’s biggest shipbuilder and a leading offshore facilities contractor, today announced that the Company won a contract from a major oil company to build gas producing offshore platforms to be deployed in West Africa by the end of 2014. Under the contract, the Company will build two offshore gas [...]
December 19, 2011 | Posted in
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Leading classification society ABS is further strengthening its ties to the Korean maritime industry by establishing the ABS Korea Energy Technology Center (KETC) in Busan in early 2012. This is ABS’ first energy center and will focus on applied research to a broad range of current and future technology challenges. In a related move, the [...]
South Korea’s STX Group is considering selling a 51 percent stake its European unit holds in STX OSV Holdings Ltd , a Singapore-listed offsh… By Ju-min Park and Hyunjoo Jin (Reuters) Source: Reuters, October 27, 2011;
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Aker Solutions has been awarded a contract for the delivery of a deepwater drilling riser system to the DSME shipyard in South Korea. The riser package will be delivered to offshore drilling company Atwood Oceanics’ drill ship. The contract value is approximately USD 50 million and includes an option for another two units. The 10 [...]
Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissioning, spares and project management, is estimated to be approximately $610 million and [...]
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