DDW Wins Groundbreaking GOM Conversion Contract

Monday, December 05, 2011
Ali Bin Towaih, VP Business Development, Administration & Strategies of DDW with Hor Weng Yew, President & CEO of AET at the contract signing.
Drydocks World signed a Contract with Singapore based AET, a global leader in petroleum shipping, for two Tanker-to-Modular Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s (MWCC) well containment system. MWCC is a not-for-profit, stand-alone organization with 10 member companies ExxonMobil, Chevron, ConocoPhillips, Shell, BP, Apache Anadarko, BHP Billiton, Statoil and Hess. The conversion will be implemented at the Drydocks World – Dubai facility. 
The conversion shall allow the tankers to continue to operate normally as tanker in the US Gulf of Mexico, with capability to be deployed as MCV within shortest possible time. The first vessel is expected to arrive at the yard in December 2011 and the second vessel in February 2012. Each project will be completed within a period of nine months. Each vessel will handle about 100,000 barrels of liquid and about 200 million standard cubic feet of gas per day. The MCVs are capable of operating at depths of 10,000 feet.
The vessels will be equipped with new state-of-the-art containment system provided by Marine Well Containment Company. Conversion scope includes installation of 4 off power generators, 4 off retractable type azimuth thrusters one tunnel thruster, Dynamic Positioning, Pipe racks on deck and supports for Process Module, Flare tower, turret etc..  
“We are extremely happy to sign this  prestigious Contract  with AET , a well-known global service provider, as part of our well-articulated strategy of building our presence in the oil, gas and energy industries. We already have an established reputation and strong expertise in carrying out sophisticated vessel conversion projects for world-leading companies. Our thrust on expanding our knowledge base and creating a technology-driven state-of-the-art facility has borne fruit and we are able to effectively serve the industry,” said Khamis Juma Buamim, Chairman of Drydocks World.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

Contracts

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Shipbuilding

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Everett College to Launch New Research Boat

Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett.

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

Offshore

7 Rescued from Sinking Freighter Near Haiti

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

China Building Island Big Enough for Airstrip

Satellite images show China is building an island on a reef in the disputed Spratly Islands large enough to accommodate what could be its first offshore airstrip in the South China Sea,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1720 sec (6 req/sec)