Burgeoning development of offshore oil and gas fields buoyed by higher oil prices will lead to a surge in the use of floating production and storage ships between now and 2018.Wednesday, 13 April, 2011, 12:00am
Emergency crews were left with a sinking feeling yesterday when they responded to a 999 call saying a ship was in trouble in Victoria Harbour.
Panicked onlookers thought they were watching a marine disaster unfold off Wan Chai shortly after 11am as the front half of a packed container ship appeared to be slipping beneath the waves.3 Dec 2010 - 12:00am
China Oilfield Services Ltd aims to begin in the third quarter an estimated US$10 million programme to overhaul one of its drilling rigs and extend its operating water depth as part of efforts to capture growth opportunities in deepwater oil drilling.2 Apr 2007 - 12:00am
French oil and gas industry contractor Bouygues Offshore says Saibos CML, its 50-50 joint venture with Saipem, is reviewing bids from six shipyards for the construction of its field development ship (FDS).
Based on the bids, the companies said the total cost of the ship would not exceed US$150 million and would be shared equally between them over the next 2.5 years.30 Sep 1998 - 12:00am
Soldiers are prepared to blow up a reservoir to save the Daqing oilfield from being inundated, the city's vice-mayor said.
Liu Chunhua told the semi-official China News Service yesterday that dynamite was on hand to blow up the east section of the Nanyin Reservoir to release pressure from the Songhua River.29 Aug 1998 - 12:00am
The Maritime and Port Authority of Singapore will cut port dues for oil rigs from September 1 to make the port more attractive as an offshore repair, building and upgrading centre.28 Aug 1998 - 12:00am
The market for mobile offshore rigs and drilling units for oil and gas will have continued high day rates in the near term despite low oil prices, according to an industry study.
For the longer term, however, prospects are less healthy, says the study by British-based Ocean Shipping Consultants.26 Jun 1998 - 12:00am
Kvaerner Oil & Gas, a unit of Anglo-Norwegian engineering and construction group Kvaerner, said it has been awarded a US$338 million contract to build a floating oil production, storage and off-loading vessel in the North Sea.24 Nov 1997 - 12:00am
Texaco has short-listed five very large crude carriers for work as a floating storage and offloading facility off Angola, shipbrokers Galbraiths says.9 Jul 1997 - 12:00am
Daewoo Heavy Industries, a unit of South Korea's Daewoo Group, says it has won a US$120 million order from Norway's Kvaerner Rosenberg to build the base for a North Sea gas production platform.
It is part of a $1 billion order by Statoil Norge to build a semi-submersible floating platform.9 May 1997 - 12:00am
Far East Levingston Shipbuilding (FELS) has bought the exclusive rights to the MOD V and MOD VI designs for harsh-environment jack-up rigs from engineering company Friede & Goldman (F&G).27 Jan 1997 - 12:00am
Shell has unveiled plans to convert the disused Brent Spar oil rig into a floating windmill, one of 30 schemes proposed to dispose of the platform. Brent Spar shot to prominence a year ago when environmental group Greenpeace succeeded in reversing a decision to dump the rig in deep water off the Scottish coast. In October 1995, Shell commissioned 19 contractors to investigate solutions.15 Aug 1996 - 12:00am
Continued offshore oil field development in Southeast Asia is likely to see demand for floating production storage and offloading (FPSO) vessels exceed existing and planned projects, a consultant's report says.10 Jun 1996 - 12:00am
KEPPEL Shipyard in Singapore has completed the conversion of the Cossack Pioneer from a tanker to a Floating Production, Storage and Offloading (FPSO) facility.
It was delivered to its owners at a ceremony at the Singapore shipyard this month.
The 149,991 dwt tonne Cossack Pioneer is the largest FPSO conversion project undertaken by Keppel.24 Jul 1995 - 12:00am
NOBODY expected it - the financial implications are enormous - but after spending weeks towing the most toxic oil platform in the North Sea to its dumping ground, Shell has conceded to international pressure.22 Jun 1995 - 12:00am