June 26 (LNGJ) - South Korean shipyards are expecting new firm LNG carrier orders after Qatar booked construction berths, but no new orders have been received in 2020 for oil and gas platforms or offshore facilities, reflecting the depressed state of the energy market. Hyundai Heavy Industries has received no orders for offshore facilities since October 2018 when it signed a $450 million deal with a US oil developer LLOG Exploration to build a floating production system, according to the latest data.
Daewoo Shipbuilding & Marine Engineering Co. is also devoid of orders since December 2019 when Chevron Corp. booked a $200M semi-submersible floating production unit. The third main builder, Samsung Heavy Industries, has failed to clinch any new orders since April 2019. SHI has an order backlog of three offshore plants, one FPSO, one floating production platform and one floating LNG unit.
