In The News

Cosco Corp units score US$300m in contracts

COSCO Corporation (Singapore) says its shipyard subsidiaries have scored contracts worth some US$300 million.The listed shiprepair, shipbuilding and offshore marine engineering parent company said these deals involve the building of an accommodation barge and seven bulk carriers.Its Cosco (Zhoushan) Shipyard Co Ltd won contracts from a European company to build a DP3 accommodation barge a class...


Vard returns to the black in Q2

SHIPBUILDER Vard Holdings has swung back into the black during its second quarter on the back of higher profit margins. The Singapore listed group posted a net profit of 140 million Norwegian krone (S$28 million) for the three months to June 30, reversing a 20 million krone loss during the same period last year. Revenue slipped 0.1 per cent to 2.94 billion krone. The group noted that its earnings...


Sembcorp Marine wins S$600m deal from French O&G company

SEMBCORP Marine, through wholly owned subsidiary Sembawang Shipyard, has secured a S$600 million contract from French oil and gas company Saipem, in relation to the Kaombo Project in offshore Angola. Under the contract, Sembawang Shipyard will convert two very large crude carrier (VLCC) sister ships into two floating storage production offloading (FPSO) units. It will also perform refurbishment...


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Rio Oil & Gas Expo and Conference 2014

A leading oil and gas industry event in Latin America, Rio Oil & Gas Expo and Conference, takes place at Riocentro Convention Center in Rio de Janeiro every two years.

Since its first edition in 1982, both the exhibition and the conference have contributed to build up Rio de Janeiro's reputation of being the “Brazilian oil capital”. In fact, Rio de Janeiro State concentrates 80% of the oil produced in the country, along with 50% of the total gas production.

The Expo is an outstanding opportunity for national and foreign companies to display their products and services. Similarly, the Conference stands as a prominent place for networking, discussing major technological issues and promoting innovative ideas.
 

Offshore Korea 2014

The 2nd Offshore Korea will be held in Busan, the offshore and shipbuilding city in Korea, from Nov. 12 (Wed) to Nov. 14 (Fri) 2014 .Korea, the largest offshore shipbuilding market and one of the biggest markets for those businesses of the offshore and shipbuilding equipment and materials, has large shipyards with their highest shipbuilding technologies.
 

OSEA 2014 : The 20th International Oil & Gas Industry Exhibition

Asia’s leading business event for the oil and gas industry will return to the Marina Bay Sands Singapore from 2 to 5 December 2014. OSEA brings together industry professionals to tackle pertinent concerns of the oil and gas industry in the region, from the changing market trends and expectations, to new business potential and the running of its daily operations. With 19 successful showings under the belt, the event has evolved to meet the increasing demand for more sophisticated technologies and solutions from companies; anchoring its position as the eminent sourcing and networking platform for today’s industry. Please visit www.osea-asia.com for more information.
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