UTEC Nets Coral Sul Survey Work Offshore Mozambique
, Galp, KOGAS and Empresa Nacional de Hidrocarbonetos E.P. The Coral field development is based on six ultra-deepwater wells feeding the Coral-Sul FLNG. The Coral field has approximately 16 trillion cubic feet of gas in place and was discovered by Eni in May 2012.The FLNG is being built by Samsung Heavy Industries in South Korea in cooperation with TechnipFMC and JGC Corp.Back in November 2020, Eni informed that the last of 13 topside modules had been lifted and installed aboard the Mozambique-bound unit.When it comes to the construction progress, Technip Energies, a newly created TechnipFMC spinoff
SHI, SKT Trial Autonomous Ship Using 5G
South Korean shipbuilder Samsung Heavy Industries (SHI) and compatriot telecommunications operator SK Telecom (SKT) have developed a 5G-based autonomous navigation platform that will allow ships to move to set destinations on their own.The trial was conducted using a 3.3m craft developed by SHI and equipped with 5G-based LiDAR, cloud-based IoT platform and T Live Caster, SK Telecom’s real-time video monitoring solution at a shipyard covered by SKT’s 5G network.The test operation took place in the sea near SHI’s Geoje Shipyard, which is covered by SK Telecom’s 5G network.From
LNGC Containment Market to Reach $16Bln By 2025
, the region is estimated to witness a modest CAGR in the future, owing to the growing LNG-based industries.Major players of the LNG carrier containment market are Gaztransport & Technigaz, Mitsui O.S.K Lines, Teekay LNG Partners, NYK Line, Gaslog, MISC Berhad, Dynagas LNG Partners, BW Gas, Samsung Heavy Industries, Hudong-Zhonghua Shipbuilding, and Kawasaki Heavy Industries
TechnipFMC Wins MJ1 Subsea Contract
are BP and Niko with 30% and 10% stakes respectively. This high-pressure high-temperature (HPHT) gas field is located in water depths ranging between 1,000 and 1,200 meters and will be connected to a new floating production, storage and offloading (FPSO) facility.South Korean builder Samsung Heavy Industries is reportedly building the FPSO. The newbuild FPSO will have production capability for 450 mmcf/d gas and 30,000 b/d liquids, and it will be moored utilizing an internal disconnectable turret, according to World Energy Reports.First production is planned in the second half of 2022
Offshore: New Project Pace Quickens
example, Shell’s Prelude FLNG project was funded at just over $11 billion in 2011. However, due to engineering and fabrication challenges, development costs ballooned to an expected $15 billion – an increase of more than 36%.“These overruns caused Shell to cancel an order with Samsung Heavy Industries for three FLNG units worth $4.6 billion in 2016. So, in essence, these cost overruns prevented Shell from sanctioning several additional FLNG projects.&rdquo
Odfjell Drilling buys “Deepsea Nordkapp”
2017, will apply. The contract has a minimum value of USD 245 million, subject to certain adjustments. The commencement of drilling operations is expected in Q2/Q3 2019. For the purpose of the drilling contract with Aker BP, Odfjell Drilling has entered into an agreement with Samsung Heavy Industries (“SHI”) to purchase the former called drilling unit Stena MidMax (the “Unit”) for USD 505 million. The Unit is an enhanced Moss Maritime CS-60 winterized and purposely built for harsh environment areas. The Unit will meet Odfjell Drilling’s requirements for
First Johan Sverdrup Topside Installed
at peak production (based on current oil price of around $70 per barrel and a production of 660,000 barrels per day), but power from shore will also make Johan Sverdrup one of the most carbon efficient fields on the Norwegian continental shelf. The riser platform topside was built by Samsung Heavy Industries in three modules, based on the design and engineering of Aker Solutions. Steel cut took place at the yard in South Korea on June 30 2016. Only 19 months later, in February 2018, the Dockwise White Marlin with two main modules on board set sail towards Norway. Three weeks later, the third
ABS Advances Landmark Standardization JIP
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 offshore standardization JIP, which includes
Construction Begins on Johan Sverdrup Riser platform
The riser platform construction start was marked today at the Samsung Heavy Industries yard in South Korea. Project director for Johan Sverdrup Kjetel Digre (from right), project manager for the riser platform and the processing platform Ståle Nordal and head of Samsung Heavy Industries’ offshore division Younsang Won led the formal celebration of the construction start in South Korea 30 June. “As we are starting the riser platform construction we are taking another important step in delivering the Johan Sverdrup project on schedule,” says project director for Johan
February 2024
