Search results for: Daewoo

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A list of search results

  • 12 November 2019

    Italian oil and gas industry contractor Saipem has signed a strategic agreement with and Daewoo E&C for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector.

  • 26 December 2018
    Exploration & Production

    Daewoo Shipbuilding & Marine Engineering has reportedly resolved its differences with Angola’s Sonangol and made plans to deliver two drillships next year, ending a longstanding dispute over a delay in the delivery.  

  • 27 December 2018
    Exploration & Production

    Daewoo Shipbuilding & Marine Engineering has confirmed the resolution of its dispute with Angola’s Sonangol related to the delivery of two drillships. 

  • 20 February 2017

    South Korea’s Kogas, the world’s second-largest corporate LNG buyer, on Monday signed a cooperation agreement with Posco Daewoo Corp. Under the memorandum of understanding, the two companies will form a joint committee which will explore new businesses overseas and develop technological capacities. State-owned Kogas noted in a statement that the duo already worked together before in the Oman […]

  • 25 September 2006

    South Korea’s Daewoo Shipbuilding and Marine Engineering has won a 10-year contract to manage a ship-repair yard in Oman, the ONA official news agency said. It said officials from the Omani government and the company signed an agreement over the running of the yard, which is part of a harbour Oman is developing at Duqm […]

  • 22 December 2005

    South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006, a lead creditor said on Wednesday.

  • 13 June 2005

    The man who built Daewoo into a global corporate powerhouse and fled South Korea when the company collapsed with debts of $70 billion will return home on Tuesday to face charges of fraud, a former Daewoo spokesman said. “….” Daewoo, once a multinational giant in civil engineering, automobiles and shipbuilding, splintered into a clutch of […]

  • 25 April 2006

    On April 21st, two vessels were launched from No.1 dock and two other vessels were launched from No.2 dock on April 22nd. The first vessel was H.N.2230, a 148,300 CBM LNGC for Bergesen, and the second one launched during the 148th batch launching was a 162K COT for Sovcomflot with our H.N. 5273. A 38,000 […]

  • 2 June 2006

    South Korea’s Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries, said yesterday they had won orders to build liquefied natural gas (LNG) carriers for Qatar. Daewoo said it had won a new order worth $690 million from the Qatar Gas Transport Company to build three LNG carriers. Daewoo has secured orders worth $5.91 billion […]

  • 10 November 2017
    Business & Finance

    Damen Shipyards Group has entered into a share purchase agreement with Daewoo Shipbuilding & Marine Engineering (DSME) for the acquisition of its majority share in Daewoo Mangalia Heavy Industries (DMHI). With the acquisition of the majority share in the shipyard in Mangalia, Damen announced that the company is taking the next step in strengthening its […]

  • 23 March 2017

    By Joyce Lee SEOUL (Reuters) – South Korean state banks are preparing a fresh $2.6 billion (2 billion pounds) bailout for floundering Daewoo Shipbuilding and Marine Engineering Co Ltd, which has built up huge losses from offshore projects and risks missing debt repayments. Without the infusion of funds, Daewoo is not expected to be able […]

  • 29 August 2005

    Daewoo Shipbuilding & Marine Engineering Co, the world

  • 19 November 2013
    Business & Finance

    Scorpio Bulkers Inc. announced yesterday that it has reached an agreement with Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) to construct three Capesize dry bulk vessels of 180,000 dwt, at its subsidiary facility Daewoo Mangalia Heavy Industries S.A. in Romania, as listed below: Yard DWT Delivery Daewoo Mangalia Heavy Industries S.A. 180,000 Q4-15 Daewoo […]

  • 1 June 2012
    Business & Finance, Project & Tenders

    Daewoo International, the trading arm of POSCO, announced on May 25 that it won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Sungjin Geotec specializes in offshore plant equipment and modules for global energy markets. Under the deal with Swire Pacific Offshore (SPO) of Singapore, Daewoo International will build a $20 […]

  • 1 June 2012
    Business & Finance

    Daewoo International, the trading arm of POSCO, announced on May 25 that it has won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Under the deal with Swire Pacific Offshore (SPO) of Singapore, Daewoo International will build a $20 million offshore supply vessel (OSV). Daewoo International and Sungjin Geotec will deliver […]

  • 1 June 2012

    Daewoo International, the trading arm of POSCO, announced on May 25 that it has won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Under the deal with Swire Pacific Offshore (SPO) of Singapore, Daewoo International will build a $20 million offshore supply vessel (OSV). Daewoo International and Sungjin Geotec will deliver […]

  • 6 February 2018

    South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said it had secured an order worth 394.1 billion won ($366m) to build two liquefied natural gas (LNG) carriers. The two LNG vessels are scheduled for delivery by the first half of 2020, DSME said in a filing to the stock exchange. Daewoo did not reveal […]

  • 17 June 2011

    Aker Solutions won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drill ship. The contract is worth about NOK 540 million ( USD 97 million) . The drill ship will be owned and operated by Tungsten Explorer Company, a subsidiary of Vantage Drilling Company. […]

  • 16 May 2007

    Daewoo Shipbuilding & Marine Engineering (DSME), the world’s second-largest shipbuilder, said on May 15 that it wants to produce ship blocks in North Korea if all conditions are met.

  • 13 June 2006

    Two new transporters, which each consist of 128 wheels and are capable of carrying a 1,000 ton block, were introduced in May, 2006. The first mission for these transporters was carried out on the 5th of June by moving 1,366 tons of the super block of container ship H.N.4115. From next month it will be […]

  • 19 April 2005

    Daewoo Shipbuilding & Marine Engineering, the second-largest shipbuilder in the world, said Monday that it had received an order valued at 379.3 billion won to build three oil tankers. Each of the three so-called very large crude carriers will cost $124 million, a record price for such vessels, Daewoo Shipbuilding said. The orders total about […]

  • 29 June 2020
    Business developments & projects, Project & Tenders

    A consortium led by South Korea’s Daewoo Engineering & Construction has won a contract to build a liquefied natural gas tank terminal in the Port of Ulsan. Daewoo E&C holds a 51 per cent of the consortium while compatriot SK E&C holds the remaining 49 per cent. Korea Energy Terminal (KET), a joint venture company […]