Rise of Chinese Shipyards in the FPSO Industry
Thursday, October 11, 2012 Chinese shipyards are set to take their place on the global FPSO stage as international players look to diversify from the traditional markets of Singapore, Malaysia, South Korea and the UAE.
Cosco Wins Drilling Rig Contract from Talland Navigation
Tuesday, August 14, 2012 Cosco Corporation wins a jackup drilling rig contract from Talland Navigation Limited Corporation. Industry watchers say that Cosco Corp. has sold the rig at a 'relatively low price."
Seadrill Extends Fleet with New Tender Rig Order
Thursday, April 12, 2012 Seadrill has exercised an option to build a new tender rig at the COSCO Nantong Shipyard in China.
Cargotec Clinches Order for 20 Winches
Tuesday, April 10, 2012 Cargotec supplies two 10-point MacGregor mooring systems for two offshore pipe-laying heavy-lift offshore construction vessels.
Mighty Servant Takes New Sevan Semisub to Brazil
Tuesday, March 06, 2012 Sevan Drilling's newbuild deepwater drilling rig leaves the Chinese shipyard Cosco en route to Brazil.
Aker Solutions Wins Rig Pair
Monday, May 30, 2011 Aker Solutions has won two contracts to supply complete drilling equipment packages for two new deepwater drilling units that are being built by Cosco.
Petrobras to Take Delivery of Pioneering FPSO in GOM
Wednesday, October 28, 2009 Petrobras will be the first company to operate an FPSO in the American portion of the Gulf of Mexico, at the Cascade and Chinook fields.
ATP Defers Construction Cost for Octabuoy Hull
Friday, October 02, 2009 ATP has amended its agreement with COSCO to defer $99 million in construction cost for the Octabuoy hull.
COSCO Says Sun Rise Conversion to Be A Model for the FPSO Industry
Friday, July 31, 2009 Scheduled to be delivered in May 2010, "Sun Rise," a 20-year old VLCC, is undergoing conversion to an FPSO in COSCO Dalian Shipyard. After conversion, the completed FPSO will be stationed offshore Brazil.
DNV Classes World's First Circular Ultra-Deepwater Rig
Tuesday, July 07, 2009 The first circular drilling rig prepared for drilling at a water depth of almost 4,200 meters was named at COSCO Shipyard Group's Qidong Shipyard on June 28.
COSCO Snags FPSO Conversion Contract
Monday, May 04, 2009 COSCO Dalian secured a major contract to convert a tanker to a FPSO, which will be redelivered to MODEC in 2010 and deployed in Petrobras' Tupi Field.
Cosco Shipyard Safely Completes Island Innovator Semisub
Thursday, February 12, 2009 Fabrication of the Island Innovator semisubmersible rig, the first offshore project contracted by COSCO Zhoushan Shipyard, has been carried out smoothly and safely in one million man-hours without any lost time due to injury.
Final Heavy Transport Vessel Joins Dockwise's Fleet
Tuesday, December 30, 2008 After successfully completing the submerging test and sea trials, the final heavy transport vessel in a series of six has been delivered to Dockwise and will load its first cargo in China.
Remedial Launches 1st Elevating Support Vessel
Friday, December 26, 2008 Remedial Offshore marked the launch of its first Elevating Support Vessel on December 16 when the ESV unit was skidded onto a quayside barge at the COSCO Nantong Shipyard.
Aker to Supply Offshore Loading Systems for Brazil Ops, Usan FPSO
Thursday, December 18, 2008 Aker Solutions has been awarded several contracts for the supply of offshore loading systems and deck machinery for offshore Brazil and Nigeria operations.
Dockwise Adds New MV Triumph Vessel to Fleet
Tuesday, December 16, 2008 The fifth vessel out of a series of six, the MV Triumph has joined the fleet of Dockwise Transport in accordance with the delivery schedule.
Truong Son Joint Operating Co. Fires Up Production at Song Doc Field
Friday, December 05, 2008 Oil production has commenced from the Song Doc field in Block 46/02 offshore Vietnam.
COSCO to Deliver FPSO Conversion for Petrobras' Campos Basin Ops
Friday, September 26, 2008 Since March 2007, COSCO has signed 4 tanker-based FPSO conversion projects with MODEC, with one FPSO already delivered to TSJOC and another renamed and awaiting delivery to Petrobras' fleet in the Campos Basin.
Construction on COSCO's New Gen Semisub Vessels Begins in Guangzhou
Tuesday, September 02, 2008 On August 28, a steel cutting ceremony for COSCO's 50000 DWT New Generation Semisubmersible Vessels was held in Guangzhou. The vessels will be highly versatile and can handle a wide range of cargoes.
COSCO Names Jiang Li Jun as New President, Executive Director
Monday, August 11, 2008 COSCO announced the retirement of Ji Hai Sheng as the Vice-Chairman, President and Executive Director on August 7, 2008 and the appointment of Jiang Li Jun as his replacement on the same date.