Daily Archives: April 14, 2020

LNG Limited loses Singaporean takeover deal

By Mirza Duran Singapore-based private company LNG-9 has withdrawn from a deal to buy the Australian-listed export project developer LNG Limited. The two companies announced the all-cash takeover bid at the end of February under which LNG Limited shareholders would have received $0.13 in cash per share. However, in the meantime, LNG Limited failed to…

Saipem takes over lay barge from Solstad Offshore

By Bojan Lepic Norwegian vessel owner Solstad Offshore has delivered its DLB Norce Endeavour lay pipe barge to Italian oilfield contractor Saipem. The post Saipem takes over lay barge from Solstad Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

Subsea 7 wins Anchor SURF role

By Adis Ajdin Subsea 7 has secured contracts from Chevron for subsea installation services related to the Anchor field, located in the Green Canyon area of the U.S. Gulf of Mexico. The post Subsea 7 wins Anchor… … Read Full Article Here For more great articles: Offshore Energy Today

Samsung Heavy scores order for LNG-powered VLCC duo

By Mirza Duran South Korean shipbuilding giant Samsung Heavy Industries has received an order to build two liquefied natural gas-powered very large crude carriers. The order worth 253.6 billion Korean won ($209.2 million) was placed by a Bermuda-based ship owner, Samsung said on Tuesday. Samsung did not reveal the name of the company behind the…