Gulf Oil and Gas accountACCOUNT

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 Corporationís 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 APSIís 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 >>

United States >>  1/17/2017 - TechnipFMC is operating as a unified, combined company following completion of the merger of FMC Technologies and Technip. The merger creates a global...
United States >>  1/11/2017 - GE Oil & Gas signs a new contractual service agreement (CSA), valued at approximately $180 million, with Transocean. The agreement, signed at the end ...

United States >>  12/22/2016 - Preliminary data for November shows that US crude oil imports increased over the month to average 7.8 mb/d, up by 114 tb/d from the previous month and...
United States >>  12/21/2016 - Anadarko Petroleum Corporation has agreed to sell its operated and non-operated upstream assets and operated midstream assets in the Marcellus Shale o...

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 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 |

More News

 

Oil & Gas Companies in United States >>


Related Links

CA US
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.