SEOUL, June 13 (Reuters) – Samsung Heavy Industries Co Ltd said on Thursday its unit, Samsung Heavy Industries Nigeria, won a $3 billion order from an unnamed major oil company to build a floating production, storage and offloading vessel.
Out of the $3 billion order, Samsung Heavy Industries Co will build the hull and some upper parts of the vessel worth 1.955 trillion won ($1.72 billion), the South Korean shipbuilder said in a regulatory filing. The remainder will go to the Nigerian unit.
The vessel will have a storage capacity of 2.3 million barrels, the shipbuilder added. The contract is set to expire by June 2016.
($1 = 1133.6250 Korean won) (Reporting by Joyce Lee; Editing by Matt Driskill)
Equinor has secured over $3 billion in project financing for its Empire Wind 1 project, marking a significant milestone in U.S. offshore wind development. The project, which reached financial close...
The Bureau of Ocean Energy Management (BOEM) has launched a groundbreaking initiative for offshore wind development near Guam, marking a significant expansion of U.S. renewable energy efforts into the Pacific....
U.S. President-elect Donald Trump called to "open up" the British North Sea and get rid of windmills in a post on his social media platform Truth Social on Friday.
January 3, 2025
Total Views: 1839
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
JOIN OUR CREW
Maritime and offshore news trusted by our 109,151 members delivered daily straight to your inbox.
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.