DNV Gets Half of All Middle East Shipbuilding Contracts

Wednesday, March 21, 2007
Risk manager for the oil and gas sector, Det Norske Veritas (DNV), has won more than half of all new shipbuilding contracts for owners in the Middle East and India, according to AB. The company will undertake 90 new-build projects in total, all of which are scheduled for delivery over the next two years. The orders, which bring DNV's total dead weight tonnage (DWT) on order to over 6.6 million, follow the delivery of 14 vessels in 2006, with a combined DWT of 1.24 million.

DNV is currently working on a number of new-build vessels in the Dubai DryDocks, including two of the biggest drilling rigs in the world and five tankers being converted to floating production, storage and offloading vessels (FPSOs). The company stressed the need for finance to support the offshore industry in the Middle East and called for better management of oil and gas firms. DNV plans to set up a training academy in India for future employees, as well as for those working for ship owners. Grostad said this was essential, as finding qualified staff for newer industries, such as LNG, has proved difficult. DNV recorded annual growth figures for 2006 of 13%, with its AED 87 million maritime revenue contributing towards the AED 163 million achieved for all DNV businesses combined. As a result, the company plans to open new offices in Tehran, Oman, Abu Dhabi and Visakhapatnam in India, in addition to recently opened offices in Mumbai, Doha and Fujairah. Source: AB

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Nautilus Awards Contract for Dewatering Plant Design

Nautilus Minerals Inc. has awarded a contract for the design of the Solwara 1 dewatering plant to be used on the company’s production support vessel to the Brisbane

CWind Supports Ballast Nedam at Butendiek OWF

CWind, a provider of integrated services to the wind industry, announced today that it is providing corrosion protection services to Ballast Nedam at Butendiek Offshore Wind Farm (OWF).

Sea Trucks Returns to the Gulf of Mexico

Offshore installation services provider Sea Trucks Group announced it has been awarded a charter contract for its accommodation construction vessel Jascon 31 to operate in the Gulf of Mexico,

Offshore

Mexico to Postpone Deep Water Auction

Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production

Oregon Bridge Danglers Hope to Delay Shell's Arctic Drilling

Protestors rappelled off a bridge in Portland, Oregon on Wednesday hoping to delay Royal Dutch Shell's Arctic oil exploration this summer by blocking the return

CWind Supports Ballast Nedam at Butendiek OWF

CWind, a provider of integrated services to the wind industry, announced today that it is providing corrosion protection services to Ballast Nedam at Butendiek Offshore Wind Farm (OWF).

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1247 sec (8 req/sec)