Hanwha Ocean Eyes Submarine Exports to Canada, Philippines, Poland - official
technologies as he aims to build the industry into one of the world's four largest exporters. Currently, the top four arms exporters are the United States, Russia, France, and China, according to the Stockholm International Peace Research Institute think tank.Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, is a leading South Korean defense contractor that has built submarines for the South Korean and Indonesian navies.Kim said Hanwha Ocean had responded this year to questions from Poland on its submarine building capabilities, after registering interest
Floating Offshore Wind: Attention Turns Subsea for Power Transport
.A substation concept under the Optiflot project between Ideol, ABB and STX. Image from Ideol.Earlier this year, construction engineering company Linxon and its parent companies Hitachi ABB Power Grids and SNC-Lavalin/Atkins partnered to “make floating substations for offshore wind a reality”. Daewoo Shipbuilding & Marine Engineering and Korea Electric Power Technology Company have also said they’re working on offerings for the floating offshore wind substation market for both deep and shallow waters.Petrofac has been doing some detailed work on floating substation concepts. As projects
Atwood Delays Drillship duo by Two Years
Atwood Oceanics, Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. ("DSME") to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively. In connection with the delay, Atwood will make a payment of $125 million for the Atwood Archer on or before December 15, 2016, as well as a payment of $15 million on the earlier of June 30, 2018 or the delivery date. In respect of the Atwood Admiral, Atwood will
Technip Confirms Losing Dong Energy Contract
Energy <IPO-DONG.CO> that the Danish utility had terminated a contract to build an oil and gas platform for its Hejre field. The majority state-owned utility said earlier on Tuesday it was indefinitely postponing the development offshore Denmark as the supplier consortium - Technip and Daewoo - had not been able to meet its commitments under the contract. "We disagree with Dong statement and we will defend the interest of our Consortium, while completing our contractual obligations," Technip said in an statement to Reuters. It added that the contract was part
Transocean Puts Off Deliveries of Two New Drillships
Transocean Ltd. announced today a mutual agreement with its customer, Shell EP Wells Equipment Wells Services B.V. (Shell), and the shipyard, Daewoo Shipbuilding & Marine Engineering Co. (DSME), to delay the operating and delivery contracts of two newbuild ultra-deepwater drillships - the Deepwater Pontus and the Deepwater Poseidon - by 12 months each. The delay has no impact on the duration or dayrate of the original 10-year operating contracts for each of the two newbuild ultra-deepwater drillships. Parties will be compensated for the postponement. The specific terms are not disclosed.
MOL, Gas Sayago to Continue Uruguay FSRU Project
anFSRU in the port of Montevideo, Uruguay, with GNLS, which was entrusted with the construction, ownership, and operation of the terminal project. This is the first FSRU project in which MOL will solely build, own, and operate the facility. The FSRU that will serve the project is under construction at Daewoo Shipbuilding & Marine Engineering Co., Ltd., in South Korea. It will be equipped with the largest LNG storage tank (263,000m3)of any FSRU in the world, and is expected to arrive in Uruguay andbe ready for service inmid-2017. FSRUs receive liquefied natural gas from LNG carriers, regasify it
Subsea Crane Takes a Long Journey
for its shipment at the pier of the Liebherr factory in Rostock. Mid-December, the transport ship arrived at the Liebherr factory, and the RL-K 7500 was loaded aboard together with another model of Liebherr’s range of knuckle boom cranes, the RL-K 4200. Both cranes are currently on the way to Daewoo Shipbuilding & Marine Engineering Co. LTd. (DSME). DSME plans to equip several of its ships with a set of Liebherr cranes consisting of one RL-K 7500 and three RL-K 4200. The two other RL-K 4200 will follow in the first quarter of 2015. The new subsea crane with knuckle boom represents a solution
ERSAI Awarded Contract in the Caspian Region
Saipem, through its controlled company ERSAI Caspian Contractor LLC, has been awarded a new engineering and construction contract in the Caspian Region. The contract awarded to ERSAI, in consortium with Daewoo Shipbuilding & Marine Engineering Co., is worth approximately $1 billion. The contract's scope includes yard engineering, fabrication and precommissioning activities as well as the load-out of 55,000 tons of pipe racks.
Single Lift of RL-K 7500 Subsea Crane
minutes lasting lift was the loosening of about 100 bolts on the slewing ring. Currently, the RL-K 7500 is waiting for its scheduled delivery mid-November at the pier of the Liebherr factory in Rostock. The RL-K 4200, another model of Liebherr’s series of knuckle boom cranes, will be delivered to Daewoo Shipbuilding & Marine Engineering Co. LTd. (DSME) together with the RL-K 7500. DSME plans to equip several of its ships with a set of Liebherr cranes consisting of one RL-K 7500 and three RL-K 4200. The new subsea crane with knuckle boom represents a convenient solution for subsea operations
February 2025
