HHI-DSME expecting more defense contracts
Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) are expected to secure KRW7trn defense contracts from the Korean Navy. On May 5, an official at the Defense Acquisition Program Administration (DAPA) stated...
DSME-ABS weave tech partnership
DSME (Daewoo Shipbuilding & Marine Engineering) and ABS (American Bureau of Shipping) have signed an agreement for joint R&D efforts in shipbuilding and offshore realms. At OTC 2019 in Houston, DSME and ABS signed a framework agreement...
Zvezda to organize tender for LNGC propellers
Russian state-run shipyard Zvezda Shipbuilding Complex (SSC Zvezda) is mulling on a tender for propellers which would drive ice-breaking LNG carriers. Sources told that the yard would start a tender by coming September for the provision of scr...
Rosebank FPSO emerging near horizon
Equinor, who acquired shares in Rosebank development project from Chevron at the end of 2018, is poised to start pre-FEED work soon for the development at Shetland Islands, Scotland. Choi Kwang-sik, a researcher at Hi Investment & Securiti...
Aibel/Keppel consortium wins major DolWin5 contract
The grid operator TenneT has awarded a major contract to an Aibel/Keppel FELS consortium for the supply of the HVDC platform and onshore converter station of the offshore grid connection project DolWin5. ABB will supply the complete HVDC electric...
Pangaea orders BCs at GSI
Pangaea Logistics Solutions Ltd. (“Pangaea” or the “Company”) (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced the expansion of its high ice class fleet niche with a new ten year contract with its...
DNV GL developed advanced mooring monitoring
DNV GL, the technical advisor to the oil and gas industry, has developed a solution that reduces the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accur...
Intellian launches convertible VSAT terminal
Intellian, the global leader of mobile satellite communication antenna systems, is introducing the new 1.5m Ku to Ka convertible VSAT terminal. The world’s first and only 1.5m Ku to Ka convertible VSAT, v150NX, is a future-proof system suppo...
Awilco won decommissioning works
Awilco Drilling PL confirmed that Shell UK Limited has given notice of its intention to exercise two options under the WilPhoenix decommissioning contract covering the abandonment of 5 further wells. The contract is therefore extended to 24 firm ...
Allseas selected to remove Statfjord A platform
Equinor Energy on behalf of the Statfjord A Unit, has awarded Allseas a contract for the removal, transfer, load-in to shore and disposal of the 48,000 t Statfjord A platform topsides. Allseas’ record-breaking heavy lift and pipelay vessel “P...
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