HMM, DSME Join Forces for Smart-ship Tech
South Korea’s container shipping giant Hyundai Merchant Marine (HMM) and compatriot shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) have joined forces on the research, development and innovation in the field of smart ship technologies.Under a Memorandum of Understanding, the parties would conduct research on real-time service system based on IoT (Internet of Things), design on-shore platforms for optimized fleet operation, develop automated warehousing systems for ship materials and development economic navigation solutions.HMM plans to promote the innovation of smart ship technologi
JFD Wins DSRV Contract from Republic of Korea Navy
a multi-million dollar contract for the design and build of an advanced Deep Search and Rescue Vehicle (DSRV).The DSRV will be delivered as a part of a submarine rescue capability being provided to the Republic of Korea Navy (RoKN).The contract, awarded by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME), will ensure the provision of an advanced and highly capable submarine rescue vehicle to the South Korean Navy that will ensure the highest standards in safety for submariners.Following the recent contract award to DSME for the construction of a new auxiliary submarine rescue
Changing the Landscape of LNG Production
Successful completion of the Petronas Floating LNG facility (PFLNG) Satu is a milestone for the oil and gas industry and for the Malaysian energy giant. Designed by consortium leader TechnipFMC and fabricated at the Daewoo Shipbuilding and Marine Engineering yard in South Korea, PFLNG Satu achieved the first-ever production of LNG offshore in December 2016. The 365-meter by 60-meter facility processes, produces and offloads LNG in situ, directly above natural gas reservoirs. FLNG allows the monetization of remote, marginal and stranded offshore gas fields that cannot be developed
ABS Advances Landmark Standardization JIP
members representing oil majors, engineering companies, yards and classification societies will provide feedback on deliverables to make sure results reflect stated objectives. ABS initiated its first standardization JIP in 2015 with the three leading Korean shipyards – HHI, Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) – and oil and gas and engineering companies to establish new global design standardization procedures based on relevant industry standards, international regulations and class requirements across the offshore industry. The unified
ABS Spearheads Offshore Standardization JIP
savings, it will help to secure quality, reliability and safety,” he said. “This is a humble start today and will result in significant innovation in the future.” ABS initiated its first standardization JIP in 2015 with the three Korean shipyards – HHI, Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) – and oil and gas and engineering companies to establish new global design standardization procedures based on relevant industry standards, international regulations and class requirements across the offshore industry. The unified
ABS Spearheads Offshore Standardization JIP
, drilling contractors and engineering companies join ABS to develop new offshore design standards ABS, a provider of classification services to the global offshore industry, has entered into a memorandum of understanding with Korean shipbuilders Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with operators, drilling contractors and engineering companies to develop new international design standards for offshore oil and gas projects. The objective of the JIP is to establish
New Standard for Offshore O&G Project by DNV GL Led JIP is Cost Saving
Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering Company (DSME) and Samsung Heavy Industries (SHI) that will establish a new international standard for offshore oil and gas projects. The results could potentially cut project costs by 15%, or approximately USD 500 million for a typical TLP (tension leg platform) project,
Maersk Interceptor Named in Norway
and member of the Executive Board of the Maersk Group. The first two jack-up rigs, the Maersk Intrepid and the Maersk Interceptor, have been delivered from the Keppel FELS shipyard. The third will be delivered from Keppel FELS in 2015, and the fourth will be delivered from the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea in 2016. All four have secured long term contracts with prime customers.
World's Largest Jack-up Rig Named
jack-up rigs to enter Maersk Drilling’s rig fleet. The four jack-up rigs represent a total investment of USD 2.6bn. The first three jack-up rigs, including Maersk Intrepid, will be delivered from the Keppel FELS shipyard in 2014-2015, and the fourth will be delivered from the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea in 2016. After delivery from the yard, Maersk Intrepid will mobilize to the North Sea and commence a four year firm contract with Total E&P Norge AS for drilling the demanding and complex wells on the Martin Linge field development in the Norwegian
February 2024
