Intergraph and DNVS Software Sign Letter of Intent

Wednesday, May 22, 2002
Intergraph Corporation and Det Norske Veritas Software (DNVS) have signed a letter of intent to complete a software licensing and distribution agreement. The proposed five-year, multi-million dollar agreement includes collaboration by the two companies in the shipbuilding, offshore and plant design markets.

Under terms of the letter of intent, DNVS will market and distribute Intergraph's next-generation shipbuilding design applications to the shipbuilding industry. Additionally, Intergraph will license its SmartPlant(R) platform technology to DNVS. Intergraph and DNVS will work together to combine their respective engineering and lifecycle data management applications. DNVS ship classification and strength analysis software will be combined with Intergraph ship design software to provide an integrated suite of applications aimed at making dramatic improvements in shipbuilding design and manufacturing productivity. Intergraph and DNVS also envision a comprehensive product offering for the offshore industry, particularly for floating production storage and offloading (FPSO) vessels and topsides as well as expanded information management capabilities for the process industries, including the DNVS risk management and analysis software.

As a result of productivity improvement during design and cost savings during operation, Intergraph and DNVS expect the combined offering for FPSO will be compelling for offshore facility owners. For onshore plant owners, integration of the DNVS risk management software with Intergraph plant design products will provide important new capabilities for critical safety management and contingency planning. Elling Rishoff, managing director, Det Norske Veritas Software, said, "The letter of intent represents a major expansion of the original DNV and Intergraph licensing agreement signed in 1999. When signed, the agreement will significantly strengthen and expand both companies' presence in the offshore oil and gas sector." Gerhard Sallinger, president, Intergraph Process Power & Offshore, said, "Intergraph is pleased to expand our long standing relationship with DNVS. The agreement demonstrates that Intergraph is committed to bringing the same high level of benefit to ship designers we have historically brought to the process plant and offshore industries. In addition, the combined DNVS and Intergraph offering will unquestionably bring significant value to the owners, operators and designers of FPSOs." Sallinger today announced the letter of intent during his keynote address to some 400 Intergraph customers from more than 50 countries at International Process & Power 2002. The conference continues here through Thursday. Intergraph and GRAD Commercializing Advanced Shipbuilding Technology Under an agreement with the Global Research and Development (GRAD) consortium, Intergraph Process, Power & Offshore is developing GSCAD, an advanced, next-generation shipbuilding software product for the design of commercial and military vessels, which is to be distributed by DNVS under the new agreement. GRAD, headquartered in Hampton, Va., represents several major worldwide shipbuilders. Intergraph's new shipbuilding software shares core technology with SmartPlant 3D and aims to streamline shipbuilding processes, lower manpower and material costs and reduce the time to construct world-class vessels. Torben Andersen, chairman of the board of directors, GRAD, said, "GRAD is highly optimistic about the new DNVS and Intergraph relationship. We see GRAD together with Intergraph and DNVS as a winning combination and one that will fundamentally change the equation with respect to who will and won't be competitive in this business in the future."

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

Shipbuilding

Scorpio Tankers' Buyback Plan, Newbuild Delivery

Scorpio Tankers Inc. announced today (i) a new $250 million Securities Buyback Program, (ii) that it has recently taken delivery of an MR product tanker and

New Power Optimization Solution for LNG Carriers

NAPA and DSME launch tailored NAPA-DSME Power Solution for LNG carriers; leading LNG carrier shipyard offers specialized performance monitoring solution   South Korean shipbuilder,

BWTS Newcomer Sees Early Success

Norwegian manufacturer of ballast water treatment systems MMC Green Technology reports it has sold more than 70 systems since going commercial with its MMC BWMS two years ago,

Offshore

Kongsberg Contracted to Support FLNG Conversion

Kongsberg Maritime secures position in the LNG market with electrical and automation contract for Golar Hilli FLNG   Keppel Shipyard in Singapore and Black & Veatch in the U.

Statoil Awarded Licenses Offshore Nicaragua

Statoil informs it was today awarded four licenses offshore the Nicaraguan Pacific, covering an area of about 16,000 km2 in the largely unexplored Sandino Basin.

Mexico Removes Bid Limit on Shallow Water Oil Tenders

Mexico's oil regulator voted on Friday to relax previously established rules on bidding terms and contracts that form the first step in an historic sector opening

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Winch
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: 0.1748 sec (6 req/sec)