Tankers: News for Oil & Gas and Hydrocarbon Industries  Membership Services Ľ
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

NSCSA Subsidiary Purchase Two Petrochemical Tankers

Source: www.gulfoilandgas.com 12/21/2010, Location: Middle East

Share |

The National Shipping Company of Saudi Arabia (NSCSA) announces that the Board of Directors of The National Chemical Carriers Ltd. Co. (NCC) (one of its affiliates) agreed in their meeting held on Tuesday 21st December, 2010 to sign a contract with SLS Shipbuilding Company of South Korea to purchase (2) Petrochemical tankers for a total price of approximately SAR (322.5) millions with expected delivery during the 1st half of 2011.

The company previously signed a contract with SLS to construct these (2) vessels for a total cost of SAR (367.5) million, but due to delay in the agreed delivery dates, this contract was cancelled on 19th May, 2010.

The company achieved an estimated overall savings of SAR (45) millions in the procurement of these vessels and has received all financial premiums paid plus other related costs.

NCC also has contracts with SLS Shipbuilding of Korea to build (9) tankers that are expected to be received during the next two years.

Tankers News in Saudi Arabia >>

Keppel Secures US$227 Mln Contract From GDI
Qatar >>  9/16/2014 - Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from Gulf Drilling Inter...
Middle East Oil Supply in September 14
Oman >>  9/13/2014 - The Middle Eastís oil supply is expected to decrease by 20 tb/d from 2013 to average 1.33 mb/d in 2014, representing a steady state from the previous ...

Cape Signs Long-Term Service Contract With Pearl GTL
  Qatar >>  9/10/2014 - Cape is pleased to announce that its Qatar operations have signed a five-year contract with a one-year extension option with Pearl GTL, to provide mul...
GDI and QP Sign QR5.2 Bln Rigs Contracts
Qatar >>  9/9/2014 - Gulf Drilling International Ltd. (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, officially s...

Dana Secures $100m Financing for UAE Offshore Field
United Arab Emirates >>  9/9/2014 - Dana Gas, the Middle Eastís leading regional private sector natural gas Company, is pleased to announce that it has secured, through its wholly owned ...
BP, CNPC Raise Shares in Iraq's Rumaila Oilfield
  Iraq >>  9/7/2014 - A revised contract signed last week by British oil major BP and China's CNPC for Iraq's Rumaila oilfield has raised both companies' stakes in a joint ...



Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |

More News

Oil & Gas Companies in Saudi Arabia >>

Related Links

Countries Quick Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us