Korean shipbuilder Samsung Heavy Industries extends application of next-generation 3D engineering technology to its offshore projects. SHI has been a longtime user of the industry-leading solution, deploying it in full production within its Shipbuilding division, and has now extended the use of SmartMarine 3D for its offshore projects. SmartMarine 3D's automated, rule-based technology has enabled SHI to achieve its objective of delivering a higher volume of the most complex and technically advanced vessels on the market today. Due to the success of SmartMarine 3D for its shipbuilding projects, SHI decided to implement the next-generation solution for its offshore projects as well. SHI deployed SmartMarine 3D successfully for its pilot project, and has since applied the Intergraph solution for its current offshore projects. SmartMarine 3D has delivered significant productivity gains by helping SHI to streamline its design process, reducing production man-hours and project costs. Gerhard Sallinger, Intergraph Process, Power & Marine president, said, "We are pleased to further extend our partnership with SHI, one of the world's leading engineering companies. Intergraph has been working closely with SHI to continue enhancing SmartMarine 3D for the industry, and SHI's expansion of SmartMarine 3D into its Offshore division will help SHI deliver increased safety, quality and productivity for both its offshore and marine projects."
According to reports, the waters of the Great Lakes, near the shores of Canada, may soon be home to offshore wind power. The Province of Ontario's Ministry of Natural Resources has lifted a deferral on applications to produce offshore wind power in the province's waters. This decision came after the province took steps over the past year to obtain the best available information on which to base decisions regarding offshore projects on. These steps have included partnering with the U.S
Kromav Engeharia, a Brazil marine engineering firms, chose ShipConstructor’s AutoCAD-based CAD/CAM software for use on shipbuilding and offshore projects. “ShipConstructor will be an important tool,” said Ricardo Vahia, Director of Kromav. “Based on our expectations for future market demand and success to be achieved with the software, we are currently acquiring hardware that will allow us to expand to 30 Universal Licenses.”
AVEVA Group plc (LSE:AVV), providers of engineering design and information management solutions for the plant, power and marine industries, announced that Jurong Shipyard, a subsidiary of Sembcorp Marine has selected AVEVA Marine (12 Series) as their engineering and design solution for major marine and offshore projects. Jurong Shipyard has a long standing relationship with AVEVA. AVEVA Marine (12 Series), is the most modern offering of AVEVA’s marine solutions and has the ability
Offshore Marine Management Limited (OMM) to sell its agency Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited. Atlas Services Group Energy has been operating in the Energy and Marine industry for more than 30 years. The company has established an excellent reputation and holds important home market positions both inside and outside of Europe. Atlas Services Group works with professionals in the Energy and Marine industry and will further support the
Russia may allow more oil companies to access its offshore projects, Energy Minister Alexander Novak said on Friday. "In general, the access can be extended," Novak told reporters in Moscow. An existing law stipulates that only state energy majors Rosneft and Gazprom can explore offshore fields. But Lukoil, Russia's No.2 oil producer, has long called for extending access to private firms as well.
Smit International NV announced that net earnings for 2005 have risen by nearly 40% to EUR 38.3 million. Despite facing a heavier tax burden of 30% (up from 24% in 2004), the divisions Harbor Towage, Terminals and Transport & Heavy Lift achieved better results in comparison to 2004. The Salvage division performed well above the so called historical average. SMIT has served the maritime sector for more than 160 years. SMIT’s services are organised into four Divisions:
Offshore Marine Management Limited (OMM) will sell the assets of its recently-rebranded personnel supply business, Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited (Atlas). The acquisition will see the transfer of assets including contracts and staff. Atlas Services Group Energy has been operating in the energy and marine industry for more than 30 years. The company has established an excellent reputation and holds important home market
The GL Group said it has recently strengthened its offshore team with two appointments: David Robertson who takes on the role of Head of Practice for the U.K. Marine and Offshore Project Management Services and Elaine Greig who is the new U.K. Head of Offshore at GL Garrad Hassan. David Robertson’s career in renewables began after 13 years in the onshore petrochemical industry. He worked on a number of onshore wind farm projects
Taking part in a round-table discussion in St. Petersburg on the efficient and safe development of the Arctic, Rosneft's President and Chairman Igor Sechin, informed that the Arctic contains 20% of the world’s oil reserves, and that his company will invest around $400bln in its Arctic offshore program over 20 years. Rosneft explains that the roundtable involves researchers and business community representatives and is led by Russian President Vladimir Putin
Petrofac, Faroe Petroleum and Eni Hewett have established a cost-saving partnership to drive efficiencies and commercial synergies across U.K. operations in the Southern North Sea. The tripartite agreement sees collaboration between Petrofac (Duty Holder) and the respective equity owners
Collaboration is Key to tackling Middle East's ageing structures challenge say DNV GL. The Middle East faces a substantial challenge to ensure hundreds of ageing offshore oil and gas structures operate safely beyond original design life.
Norwegian oil major Statoil said on Tuesday it will pull out of Alaska's Chukchi Sea, just weeks after Royal Dutch Shell abandoned the treacherous waters there after spending billions on oil exploration work. The latest pullback comes as oil companies slash spending on expensive offshore
Offshore energy support vessel operator Seacat Services has placed an order for up to four new vessels with local boat builder South Boats IoW. The DNV-GL class-certified next generation 23- and 27-meter catamarans have been specifically designed to cater for the changing needs of European
Oslo-listed offshore shipowner Subsea 7 has signed an agreement with Houston-based company, KBR and its subsidiary Granherne, to form an alliance in the delivery of concept and front end engineering and design (FEED) services.
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)
Excelerate receives approval to move forward with the construction and operation of LNG terminal On July 24, 2015, the U.S. Federal Energy Regulatory Commission (FERC) issued its order granting authorization to Excelerate Energy, in cooperation with the Puerto Rico Electric Power
LOC, a leading global marine and engineering consultancy for the shipping and offshore energy industry announces the expansion of its European operations with the opening of its Paris office today (4 August 2015). The office is the first LOC operation based in France and is accessibly
Firm to sell non-core assets, exit from non-essential businesses; Daewoo reported $2.6 bln operating loss in Q2. South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd said on Monday it would sell non-core assets, and shut down or exit non-essential units as part of restructuring
In announcing plans to restructure its offshore and dynamic positioning (DP) operations in the U.K. and U.S., maritime engineering consultancy Braemar Engineering informs it has appointed Kyle Eddings to a new role within the company.
Royal Boskalis Westminster N.V. (Boskalis) achieved a very busy first half year with historically high profit and realized a net profit of EUR 306.5 million in the first half of 2015, a rise of 21% (H1 2014: EUR 253.0 million). Revenue in the first half of the year rose 1.6% to EUR 1
(Press Release) Braemar Engineering said its new Second Failure Module dynamic positioning DP software has been installed on a client’s vessel. Kyle Eddings, Manager DP and Offshore Projects at Braemar Engineering, told delegates at the IMCA Asian Dynamic Positioning Conference this week
ACE Winches hosted a delegation from SPRING Singapore to its Towie Barclay Works facility for a visit to share an overview of its products and services, including manufacturing and engineering expertise. Several delegates from the Marine and Offshore Department in SPRING Singapore were
$1 billion Memorandum of Understanding between the Eximbank of China and ING Bank for shipping finance On October 26, 2015 in the presence of President Xi Jinping and King Willem-Alexander of the Netherlands, ING Bank NV and The Export-Import Bank of China signed a three year Memorandum
The Damen Shipyards Group recently unveiled a series of new vessel designs based on its popular 16 metre long, 5 metre wide, semi Axe Bow design. The first of the vessels is owned and operated by Van Oord for crew transfer in the Caspian Sea.