India-based oil company Reliance Industries Limited has exercised an option under the previously agreed firm contract with Transocean for its Dhirubhai Deepwater KG1 drillship.Offshore drilling contractor Transocean informed that a four-well option was exercised by Reliance Industries for work in India, brining in $111 million to the company.The estimated 270-day program is expected to begin in direct continuation of the rig’s firm term with Reliance…
American Bureau of Shipping (ABS) has issued an approval in principle (AiP) to Samsung Heavy Industries (SHI) for its design of a multi-purpose liquefied natural gas (LNG) floating facility for deep water (MLF-O).Called MLF-O, the next-generation…
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries…
American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit.Called Samsung Ammonia Blue, the concept features…
South Korean shipbuilder Samsung Heavy Industries (SHI) has been awarded an approval in principle (AIP) for its Floating CO2 Storage Unit (FCSU) design from classification society Bureau Veritas (BV).The AIP certificate was presented to Haeki Jang…
Offshore drilling contractor Transocean has secured a $123 million contract with Reliance Industries for Dhirubhai Deepwater KG1 ultra-deepwater drillship.Transocean and Reliance Industries signed a binding letter of award for the Dhirubhai Deepwater KG1 for six wells offshore India…
Samsung Heavy Industries has hired French engineering company GTT for tank design of a new floating liquefied natural gas (FLNG) unit as part of $4 billion Cedar LNG project in Canada.As part of the contract with Samsung Heavy Industries, GTT will design the tanks of the FLNG…
Murphy Oil Corporation has exercised its option for the drillship Noble Stanley Lafosse to drill five additional wells in the Gulf of Mexico.The extension is expected to span one year and has an estimated contract value of $177 million, according to Noble Corporation…
Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero)…
Cedar LNG and its partners, the Haisla Nation and Pembina Pipeline, have postponed the final investment decision (FID) for the proposed floating LNG facility in Canada's British Columbia to mid-2024.Cedar LNG has completed several key project deliverables…
Offshore drilling contractor Seadrill has secured multiple contract awards totaling approximately $97.5 million for its West Vela and West Cappella drillships, announcing also it would resume management services for its West Auriga drillship earlier than expected…
Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…
Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit…
At Gastech 2023, Samsung Heavy Industries (SHI) offers a separate 216 sq. m. exhibition hall at the Singapore Expo venue showcasing its technological developments in LNG and LCO2 transport vessels, centered around the FLNG (Floating Liquefied Natural Gas Production Facility) models…
Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…
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