DSME Delivers Songa Equinox Semisub, Newbuild to Work for Statoil in Q4 2015

(RIGZONE) Norway's Songa Offshore SE announced Tuesday that it has taken delivery of Songa Equinox (mid-water semisub) from Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. Songa Equinox will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil, with first assignment on the Troll Field on the [...]

By | July 3rd, 2015|News, Oil & Gas|0 Comments

Asian Yards Adaptive Strategies To Ride Out Current Downturn

Asian shipyards, whose revenues have shrunk due to the weakness in global oil prices which in turn has led to a slowdown in newbuild rig orders, are looking elsewhere for fresh business opportunities covering floating production and offshore vessels. Source: Rigzone

By | June 6th, 2015|News, Oil & Gas|0 Comments