Sinopacific is expecting to finalise soon a $400m module fabrication contract for work on the Yamal LNG development in Siberia, Russia. Sinopacific will provide the first batch of modules for Package A and Package B of Package Four, each weighing up to 50,000 tonnes. 18 more words
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Jurong Shipyard has secured a $696m contract to convert a shuttle tanker into an FPSO vessel for Odebrecht-Teekay JV’s Libra project offshore Brazil.
Jurong Shipyard has signed a sales and purchase agreement to acquire engineering firm SSP Offshore for $21m. The key assets of SSP Offshore include its flagship SSP Floater technology, a circular hull form which could be used for deepwater drilling, FPSO, FDPSO, FLNG, well test, early production and logistic hub applications, as well as customized for region-specific operating requirements, harsh environments, and arctic conditions.