Tag archives: contracts

Sembcorp secures two contracts totalling S$222 million

Sembcorp Marine wishes to announce that its subsidiaries Sembmarine SLP and Jurong Shipyard Pte Ltd have secured offshore energy related contracts valued at a combined S$222 million.

Sembmarine SLP ...

Keppel secures S$153 million in contracts from repeat customers

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Nantong Shipyard Co. Ltd have secured contracts from repeat customers worth a total of ...

DryShips reports cancellation of four newbuilding contracts

DryShips, through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, announced that it has reached  an agreement with Jiangsu Rongsheng Heavy Industries ...

N-KOM wins GDI contracts worth US110 million

Gulf Drilling International (GDI) Limited,a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awardedtwo contracts worth US110 million to Nakilat-Keppel Offshore &Marine (N-KOM ...

COSCO secures USD300 million offshore and shipbuilding contracts

The Board of Directors of COSCO Corporation (Singapore) Limited announces that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Ltd, have secured contracts valued ...

Keppel secures contracts worth S$368 million

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiaries Keppel Shipyard Ltd  and Keppel Singmarine Pte Ltd have secured contracts worth a total of S$368 million.

The ...

Lauritzen and Namura sign newbuilding contract

Lauritzen Bulkers and Namura Shipbuilding Co., Ltd., Japan have signed contracts for building at Hakodate of two bulk carriers at a signing ceremony in Copenhagen on 10 June 2014.

The ...

Boskalis acquires contracts worth Eur 70 million in the UK and Sweden

Royal Boskalis Westminster N.V. (Boskalis) has acquired two contracts in the United Kingdom and Sweden with a combined value of approximately EUR 70 million.

In the UK Boskalis is ...

Rolls-Royce secures offshore design and equipment orders for more than £60m

Rolls-Royce has announced orders from a variety of international customers for its offshore ship designs and equipment worth more than £60m.

The contracts, which include five Rolls-Royce UT Design vessels ...

Saipem: awarded FPSO contracts in Angola worth more than $4 billion

Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion.

The main contract is worth more than $3 billion, and is ...

Scorpio Tankers announces update on fleet transactions

Scorpio Tankers Inc. announced an update of its fleet. Recently, the Company  recorded a gain of $51 million from the previously announced sale agreement of the seven VLCC newbuilding contracts ...

Wärtsilä power system and ship design selected for PSV to operate in harsh conditions

A new platform supply vessel (PSV) to be built for operating in arctic conditions is to be designed and powered by Wärtsilä. This is the first confirmed contract for ...

Seadrill secures contracts for multiple jack-up units

Seadrill Limited has secured new contracts for the jack-up units West Tucana, West Telesto, West Ariel, and West Prospero.  Additionally, the contract for the West Mischief has been extended by ...

Navig8 orders 2 additional stainless steel tankers

Navig8 Chemical Tankers Inc is pleased to announce that it has signed shipbuilding contracts for the construction of two 25,000 dwt IMO2 eco-design Stainless Steel Chemical Tankers to be ...

Keppel secures contracts worth S$140 million

Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd, Keppel Singmarine Pte Ltd, and Keppel Nantong Shipyard Co. Ltd have secured contracts worth a total of about ...

Hold-harmless clauses not so harmless for hydrographers and offshore consultants

ITIC has warned that the so-called ‘hold harmless’ clauses in many of the contracts entered into by its members may contain pitfalls which could prejudice their rights.

A mutual hold-harmless ...

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