Search results for: POSH Terasea

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  • 20 September 2019

    POSH Terasea, a provider of towing services for the international offshore oil and gas industry, has defaulted on a loan. According to Pacc Offshore Services Holdings (POSH), a 50 percent partner in the Posh Terasea joint venture, towing provider Posh Terasea has defaulted on a loan extended by a financial institution. “The outstanding amount of […]

  • 11 January 2016
    Infrastructure

    Offshore service contractor POSH Terasea has secured a project to provide towage and positioning services for the Shell Prelude floating liquefied natural gas (“FLNG”) platform – the world’s largest offshore facility ever constructed. POSH Terasea is a joint venture between PACC Offshore Services Holdings Ltd. (“POSH”) and Terasea Pte. Ltd., which is in turn a […]

  • 11 January 2016
    Project & Tenders, Vessels

    Specialist offshore service contractor, POSH Terasea, on Saturday said it has been contracted to provide towage and positioning services for Shell’s Prelude FLNG facility.

  • 5 March 2013
    Business & Finance

    PACC Offshore Services Holdings (POSH), through its EPIC division, today announced the formation of a joint venture company POSH Terasea Pte Ltd with Terasea Pte Ltd (Terasea). POSH will contribute to the JV a fleet of five specialized Anchor Handlers (12000BHP to 13500BHP) while Terasea contributes four units of newbuilding modern deepwater 16000BHP Anchor Handlers, […]

  • 5 March 2013
    Business & Finance

    Singapore’s PACC Offshore Services Holdings (POSH), through its EPIC division, today announced the formation of a joint venture company POSH Terasea Pte Ltd with Terasea Pte Ltd (Terasea). POSH will contribute to the  JV a fleet of five specialized Anchor Handlers (12000BHP to 13500BHP) while Terasea contributes four units of newbuilding modern deepwater 16000BHP Anchor […]

  • 11 January 2016
    Business & Finance

    Shell Prelude floating liquefied natural gas (FLNG) platform, the world’s largest offshore facility ever constructed, will be towed over 3,000 nautical miles from Samsung Shipyard in Geoje, South Korea, where it is being built, to Australia, by Singapore-based offshore service contractor, POSH Terasea. Once in Australia, the contractor will position the 488 metres long and 74 metres […]

  • 20 June 2017
    Business & Finance, Operations & Maintenance

    Marine and offshore engineering consultancy Aqualis Offshore has completed its position keeping role for the Ichthys central processing facility (CPF), which is now moored to a storm safe condition in Australian waters. On 29 May 2017, the operator Inpex announced that the 120,000 tonnes CPF, named Ichthys Explorer, had reached its final destination in Australian […]

  • 29 June 2017
    Business & Finance

    Shell’s Prelude floating liquefied natural gas (FLNG) project, the world’s largest offshore facility ever constructed, has started its journey from South Korea to Australia. According to AIS data provided by MarineTraffic, the 300,000 gross ton vessel departed Samsung Heavy Industry’s Geoje shipyard in the early hours of June 29. The 488-meter-long Prelude FLNG will be towed over 3,000 nautical […]

  • 6 November 2019

    Singapore’s offshore vessel operator Pacc Offshore Services Holdings has found work for its offshore vessel POSH Endurance. In its quarterly results report earlier this week, the company also known as POSH said that the contract for the POSH Endurance unit was signed in October. POSH, which has this week also received a takeover offer from […]

  • 29 November 2013

    Japan Marine United Corp (JMU) – Yokohama KN (Tsurumi Shipyard) today, Nov 29th, held a naming ceremony for POSH-TERASEA’s third Raptor class AHTS, the TERASEA EAGLE (Yard No. 0078). The vessel was named by Mrs K. Akiyama, spouse of Mr M. Akiyama of SMBC. The TERASEA EAGLE is powered by two WARTSILA 12V32 main engines […]

  • 24 June 2016
    Exploration & Production, Infrastructure

    Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (“POSH”) has been awarded a contract to support Shell’s Prelude floating liquefied natural gas facility using its semi-submersible accommodation vessel the “POSH Arcadia”. According to POSH, which won the contract with Technip Oceania Pty Ltd through its subsidiary POSH Semco, the POSH Arcadia will be deployed to provide […]

  • 19 June 2017

    Japan’s Inpex has reached another milestone at its giant Ichthys gas field development offshore Australia. Following the recent arrival of the Ichthys Central Processing Facility at the offshore location, 220 kilometers off the north coast of Western Australia, Inpex has now informed that the massive platform has now been storm-safe moored at the field. In a […]

  • 25 July 2017
    Business & Finance

    Shell Australia’s Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters, the company confirmed. A total of 16 pre-positioned mooring chains will now be lifted from the seabed and secured to the facility. Once secure, the hook-up and commissioning phase of the project can commence which is expected to take between 9-12 […]

  • 28 August 2017
    Infrastructure

    Marine and offshore engineering consultancy Aqualis Offshore has completed its position keeping role for the Ichthys Venturer FPSO, which is now fully moored in Australian waters. The operator of the project, Inpex, announced on August 14 that the Ichthys Venturer FPSO had arrived in Australian waters, 220 kilometers off the north coast of Western Australia. Aqualis […]

  • 11 January 2016

    PACC Offshore Services Holdings Ltd., an offshore vessel provider also known as Posh, has entered into a joint venture with a Saudi company, in order to deeper penetrate the Middle East market. According to Posh, the joint venture with Saudi Arabia’s Hmood Al-Khalaf Group, is in line with the Group’s strategy to bolster its presence the Persian Gulf, […]

  • 3 June 2016
    Project & Tenders

    Aqualis Offshore, a marine and engineering consultancy, has won a contract to provide positioning services for the installation of the Ichthys FPSO offshore Australia. The company will provide the services as a sub-supplier to Singapore’s POSH Terasea Offshore, which will manage the towage of the FPSO from DSME’s Okpo yard in South Korea to offshore Australia. […]

  • 8 July 2016
    Infrastructure

    A fire outbreak incident struck a construction site of Shell’s Prelude – the world’s largest floating LNG facility, being built in South Korea. In a statement to Offshore Energy Today, a Shell spokesman said: “Shell can confirm there was an incident on the Prelude construction site last week that led to a small fire. Emergency response processes […]

  • 5 May 2017
    Infrastructure

    Shell’s Prelude FLNG, world’s largest offshore facility, is set for completion and startup in 2018, despite a fatal incident that happened at the Samsung Heavy Industries shipyard earlier this week. The construction of the giant facility started back in 2012. Once completed, it will be deployed offshore Australia and will produce 3,6 million tons of LNG annually by […]

  • 3 July 2017

    Shell’s giant Prelude FLNG facility has recently left the Samsung Heavy Industries’ Geoje shipyard in South Korea where it was built, bound for waters offshore Western Australia.

  • 22 May 2014
    Business & Finance

    Aqualis ASA has won several new construction supervision, transportation & installation and marine warranty contracts in Asia. Total contract value is approximately USD 11 million. “We have set up offices in nine countries, including Singapore and China, in less than 12 months. Our regional Asian hubs are being well supported by our engineering and marine […]

  • 29 June 2017
    Infrastructure

    After years of construction, Prelude FLNG, the world’s largest offshore facility, has left the Samsung Heavy Industries shipyard in South Korea, and is now being towed to its offshore location in Australia. As Offshore Energy Today reported earlier this week, a source close to the matter, who wished to remain anonymous, told Offshore Energy Today […]

  • 8 April 2019
    Infrastructure

    Singapore offshore vessel specialist PACC Offshore Services Holdings, has informed that its CEO Gerald Seow would retire.