World LNG demand is forecast to rise from 158 billion cubic meter (bcm) to 269 bcm by 2010 and to 428.5 bcm by 2020. This growth represents an average annual trade growth of 7.6% over the near-term, with a slowing to 5.4% through to 2015 and 4.
Promet Private Limited of Singapore, in collaboration with Baker Marine Corporation of Ingleside, Texas, has announced the signing of contracts with Sedco, Inc. of Dallas to construct two self-elevating, cantilever beam mobile drilling platforms.
Vosper Limited, naval craft designers and builders, fast boat, and SES specialists, reports that its two main manufacturing subsidiaries, Vosper Private Limited, Singapore, and Vosper Hovermarine Ltd., Southampton, U.K., have recently received orders worth more than 12.
Jardine Offshore Promet Pte. Limited, one of the leading steel fabricating firms in Southeast Asia, recently signed a license agreement with Paceco, Inc., a subsidiary of Fruehauf Corporation, 'to manufacture offshore equipment, to Paceco design, at their Singapore production facilities.
Hydranautics Hydraulic Systems has received a contract from Marathon Oil UK, Ltd. for two rig-skidding systems for use on the Brae B platform for the North Brae gas condensate field in the North Sea. Each system consists of two 420- metric-ton and two 210-metric-ton,
Far East-Levingston Shipbuilding Ltd. (FELS), Singapore, recently announced it has signed a contract to construct a drillship for Global Marine Drilling Company of USA. The vessel will be built in Singapore and is scheduled for delivery in the first quarter of 1983.
New area offices in Perth, Australia, and Singapore have been established by Jet Research Center (JRC) of Arlington, Texas. The facilities will provide the complete range of JRC explosive technology to the petroleum, marine construction, and dredging industries.