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

AKPS Signs Letter of Intent for Two Aframax Tankers

Source: www.gulfoilandgas.com 7/25/2011, Location: North America

Share |

Aker Philadelphia Shipyard ASA announced that its sole operating subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has signed a Letter of Intent with SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation’s U.S. marine affiliate, for the construction of two aframax tankers. The 820 foot long, 115,000 deadweight ton tankers are intended to be used to transport Alaskan North Slope crude oil from Prince William Sound to the U.S. West Coast.

Project planning work is currently underway in conjunction with APSI’s technical partner, Samsung Heavy Industries. Construction of the first vessel is expected to begin by mid-2012 and both vessels are scheduled for delivery in 2014. The vessels will be equipped with double hull protection, the latest navigation and communications equipment, and energy efficient engines .It is expected that the parties will enter into definitive agreements based on the Letter of Intent during Q3 2011. The execution of those agreements is subject to the satisfaction of certain conditions precedent, including board approvals and the completion of definitive documentation agreeable to all parties.

Aker Philadelphia Shipyard is currently constructing two 46,000 deadweight product tankers for delivery in late 2012 and early 2013, respectively.

Tankers News in United States >>

ExxonMobil Awards Alternate Path License to Delta Screens
United States >>  11/20/2014 - ExxonMobil Upstream Research Company has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technol...
WGPSN Secures Contract Extension on Hibernia in Canada
Canada >>  11/19/2014 - Wood Group PSN (WGPSN) will continue its provision of engineering, procurement and construction services to the Hibernia platform, offshore Newfoundla...

Canada and Mexico Oil Supply in November 2014
Canada >>  11/19/2014 - Canada’s overall supply is projected to increase by 0.18 mb/d in 2014 to average 4.19 mb/d, lower expected growth than in 2013. Preliminary data indic...
US Oil Trade in November 2014
United States >>  11/18/2014 - In October, preliminary data showed that US crude oil imports dropped to average 7.29 mb/d, down by 168 tb/d from last month and down 185 tb/d from th...

Halliburton to Buy Baker Hughes for $34.6 Billion
United States >>  11/17/2014 - Halliburton Company and Baker Hughes Incorporated announced a definitive agreement under which Halliburton will acquire all the outstanding shares of ...
KUFPEC Completes Acquisition of Interest in Liquids-rich Duvernay Shale
  Canada >>  11/13/2014 - Kuwait Foreign Petroleum Exploration Company k.s.c. (KUFPEC) announced that its wholly-owned subsidiary KUFPEC Canada Inc. has completed the acquisiti...



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 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 |

More News

Oil & Gas Companies in United States >>

Related Links

Countries Quick Links

CA US
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