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Offshore Project

SHI Offshore Projects Use Intergraph SmartMarine 3D

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."


Great Lakes May be Home to Offshore Wind

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


ShipConstructor Chosen by Kromav Engeharia

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.”


Marine Personnel Agency Sold by OMM

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 Firms to Offshore Oil

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.    


An Introduction To Offshore Project CAPEX

Graph: Clarksons Research

 Two high-level indicators of vessel and structure demand in the offshore sector are energy prices and oil company exploration & production (E&P) spending, says Clarksons Research.   A third, slightly more specific indicator is estimated offshore project capital expenditure, or CAPEX. While this metric does not capture demand arising from, for example, offshore exploration campaigns, it can be a key proxy for demand resulting from offshore engineering procurement and


Smit Intl. Earnings Up 40%

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:


Jurong Shipyard Chooses AVEVA Marine

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


OMM Sells Personnel Agency

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


Rosneft to Invest US$400-Bln in Arctic Offshore Program

Arctic drill platform: File photo

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


Consolidation – A Path to Subsea Vessel Sustainability

Graphics: Subsea Vessel Operations expenditure by Sector – 2017-2021. Source: Douglas-Westwood, World Subsea Hardware & Vessel Operations Market Forecast

 In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance, says a report by Douglas-Westwood London.   This has been further exacerbated by sustained low oil prices


Korean Shipyards Cut Costs to Boost Profit

Photo: Hyundai Heavy Industries

 South Korea's Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) said that they will strive to boost their profitability via increased orders and continued cost-cutting measures, reports Yonhap.   According to Park Dae-young, president of SHI


Daewoo to Deliver Two More LNG Tankers in 2017

South Korea's Daewoo Shipbuilding expects to deliver two more ice-class tankers to lift liquefied natural gas (LNG) from Russia's Yamal LNG project this year, a company spokesman said on Monday. Daewoo Shipbuilding & Marine Engineering (DSME)


Shipping Industry Cargo Journey

Graph: Clarksons Research

 The fundamental lying beneath the shipping industry is cargo and its journey, and in many cases the cargoes are the world’s key commodities, says a report by Clarksons Research.   In 2014, prices across a range of commodities took a sharp dive


Astican & Astander Continue to Invest

(Photo: Astican & Astander Shipyards)

Astican & Astander: pair of privately owned Spanish yards continue to invest in facilities and equipment   Astander and Astican are the two busiest privately owned shipyards in Spain carrying out heavy repairs and special conversion projects with a boutique style attitude towards


Sembcorp Marine Swings to Loss in Q3

Photo: Sembcorp Marine

Singapore's Sembcorp Marine Ltd swung to a loss in the third quarter and the rig builder's revenue was hurt by customers deferring rig deliveries amid a protracted downturn in the oil and natural gas market.   The company posted a net loss of S$21.8 million ($15


Germany’s First Accommodation Platform for Offshore Wind Farms

From left to right: Philipp Degenhardt – Team Lead Project Certification & Interface Management (Vattenfall), Fabio Pollicino – Global Service Line Leader for Project Certification (DNV GL – Energy), Christof Huß Site Manager DanTysk Offshore Wind Farm (Vattenfall), Jana Gerhmann-Vorbau - Project Manager Renewables Certification (DNV GL – Energy), Stefan Baars - Head of Section Concrete Structures & Geotechnica (DNV GL – Energy), Mike Wöbbeking, Head of Certification body (DNV GL – Energy), Joha

 DNV GL, the world’s largest resource of independent energy experts and certification body, has awarded Vattenfall with a final statement of compliance for its offshore accommodation platform.    This is the first offshore platform in the North Sea to host up to 50 operation


Lloyd’s Register Sets Its Sights Subsea

Andrew Inglis (Photo: Lloyds Register)

Eying a subsea sector rebound, Lloyd’s Register (LR) aims to bring its expertise to underwater operations in offshore oil and gas as well as wind farm power generation and submarine cable markets.   The provider of integrity, compliance and specialist risk consulting services has


Diamond Offshore Sees Recovery when Oil 'Well over $60'

Photo: Diamond Offshore Drilling Inc

Rig contractor Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said on Monday oil prices needed to be "well over $60" to spur a recovery in offshore drilling.   The company's shares reversed course and were down 2.3 percent at $16


Global Names Coppes Director of Salvage & Wreck Removal

Bas Coppes (Photo: Global Diving & Salvage)

Bas Coppes has joined the senior management team at Global Diving & Salvage, Inc., aiming to guide the global growth of the marine services company. Coppes will be based out of Global’s Houston office and will focus on salvage and wreck removal operations worldwide.  


Containerized Living Quarters Delivered to MV Omalius

Photo: ELA Container Offshore

 ELA Container Offshore GmbH said it has delivered two offshore living quarters to Belgium based G-Tec Offshore s.a. The containers were placed on board of the multipurpose drilling vessel MV Omalius off the coast of France. The solution on deck turned out to be very successful as the units


The Offshore Markets: 2016 In Review

Expectations at the start of the year that 2016 would be a tough one for the oil industry, and in particular for offshore, were on the whole fulfilled, says Clarksons Research report.   Overall upstream E&P spending globally fell for the second successive year


CWind Invests in Largest Crew Transfer Vessel to Date

Photo: CWind

CWind, a provider of services to the offshore wind industry, has announced that it has invested in the company’s largest crew transfer vessel to date.   Newly named as CWind Phantom, the 27.4m catamaran can hold 20,000 litres of fuel and has a 20 ton cargo capacity


MOL to Restructure Organization

Chart: Mitsui O.S.K. Lines

 The Japanese shipping company  Mitsui O.S.K. Lines, Ltd (MOL) will restructure its organization effective April 1, says a press statement from the company.   MOL is establishing the Product Transport Business Unit, under which much of the carrier and port divisions will reside


Singapore’s Survivability

New business: Keppel has begun building dredgers like the Cristobal Colon, seen hear outside Rio de Janeiro. (Photo: copyright Jan de Nul Offshore)

Singapore’s shipyards are looking to recent investments in capacity, design and newly acquired technology to combat order declines after a decades-long offshore buildup. Sembcorp and peer Keppel are making the most of partnerships in FLNG and showing signs they’ll be okay through the






 
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