Tankers: News for Oil & Gas and Hydrocarbon Industries  Membership Services
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

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 >>

Middle East Oil Supply in November 2014
Yemen >>  11/24/2014 - The continuing unrest in Yemen and Syria has contributed to decline by 0.03 mb/d in 2014 forecast in non-OPEC Middle East oil supply averaging 1.33 mb...
BAM Wins $88m Marine Infrastructure Project in UAE
  United Arab Emirates >>  11/19/2014 - BAM International, the operating company of Royal BAM Group active outside of Europe, has been awarded the contract to construct the marine infrastruc...

Middle East Oil Demand in November 2014
Saudi Arabia >>  11/16/2014 - Middle East oil demand in September 2014 offers a two-fold picture. In Saudi Arabia, oil demand grew strongly, by a remarkable 0.28 mb/d, and was char...
Technip Bags PMC Services Deal for Nasr Field
United Arab Emirates >>  11/14/2014 - Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering...

SNC-Lavalin Announces $97mn Oil and Gas Deal
Iraq >>  11/12/2014 - SNC-Lavalin is pleased to announce that Kentz Corporation, a member of the SNC-Lavalin Group, has signed a Project Management Contractor Agreement in ...
Lamprell Wins $365m Contract in UAE
United Arab Emirates >>  11/12/2014 - Lamprell, a leading provider of diversified fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable ener...



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 B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed