Dubai Drydocks World News

Yinson Production officially named its latest addition to the fleet, FPSO Atlanta, during a naming ceremony held at Dubai Drydocks World on December 13, 2023.FPSO Atlanta has a production capacity of 50,000 BOPD and a maximum storage capacity of 1,251,000 bbls. It will feature a carbon management process plant, which uses fuel gas for cargo tank inertization that will significantly reduce flare gas emissions through a closed flare system.Yinson Production and Enauta entered into…

The FPSO Atlanta, contracted by the Brazilian oil company Enauta to Malaysia's Yinson for conversion to service the Atlanta Field offshore Brazil, will be operated under ABS Class.The Atlanta, which will serve as the Definity Production System at the Atlanta Field in the Santos Basin, offshore Brazil, is being converted in Dubai Drydocks World, including structural upgrades, refurbishment and enhancement of equipment, will have a production capacity of 50,000 BOPD, 12.4 MMscfd gas and a storage capacity of 1,800,000 bbl.

Dubai's Drydocks World has begun work on a part of a turret mooring system for Jotun FPSO, for Bluewater Energy, with the end client being Var Energi in Norway.Namely, Drydocks said Wednesday it had held a steel-cutting ceremony to mark the start of production of the turntable project for the FPSO.According to the company, this turntable is part of a Turret Mooring System (TMS) for the Jotun A FPSO, which will be permanently moored and operated at the Balder field in the Norwegian Sector of the North Sea.The turntable is 24 meters in diameter and 10 meters high, weighing around 925 tons.

Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday.The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties, and marks a big development in trade and economic collaboration.Dubai state-owned DP World, which operates ports from Hong Kong to Buenos Aires, signed a series of agreements with Israel's DoverTower including a joint bid in the privatization of Haifa Port on the Mediterranean…

Dubai's Drydocks World shipyard has cut first steel for the HVAC Transformer Station Topside, named Hollandse Kust Zuid (HKZ) Beta.This is the third such unit that Drydocks World will be constructing for Petrofac and end-client TenneT, and the second project for the HKZ offshore wind farm, as it is also building the Alpha HVAC substation.The HVAC platform will form part of a renewable energy wind farm, located in the HKZ grid connection in the Dutch sector of the North Sea. The topside will weigh approximately 3…

Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start of production on a conversion project for Boskalis B.V.The shipyard will convert the drillship YAN into an offshore installation vessel named Bokalift 2. The Bokalift 2 is designed to carry out a variety of offshore operations including the transport and installation of wind turbine…

Fifteen production floaters were contracted in 2017 – 11 FPSOs, two production semis, a wellhead TLP and an FLNG – and the number of deep water projects in the near-term planning queue indicates production floater orders are set to accelerate. This is a big change from 2016 when orders for new units totally dried up and the deepwater future looked pretty bleak. Here’s a round-up of contracts awarded last year and in January 2018. Tempera FPSO - Keppel in January 2017 received a contract from Dixstone Holdings…

Holland’s ROG Ship Repair said it has come to the aid of a Floating Production & Storage Offshore (FPSO) vessel ran into problematic weather conditions while being towed from Europe to the Middle East. Having recently been assigned a new contract, the 89,184 dwt, 248.1 m long FPSO Aoka Mizu (Japanese for Bluewater), owned and operated by Holland’s Bluewater Energy Services, will be utilized for the early production system (EPS) phase of the development on Hurricane’s offshore field in the North Sea.

Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s history—the 9,000+ workforce diligently worked across the yard to provide quality and efficient services to all types of vessels such as tankers, drilling rigs, bulk carriers, dredgers, gas carriers, containers and barges.

Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa. Daga will take his position with immediate effect, having been with Topaz for 15 years in a number of finance positions, most recently as Deputy CFO. Topaz noted that Daga led its two latest capital raising initiatives being the company’s $350 million corporate bond issue in 2013 and its recent $75 million equity injection by Standard Chartered Private Equity. Topaz also confirmed the departure of Chief Operating Officer, Roy Donaldson, who joined Topaz in 2005. Geoff Taylor will act as interim COO while the search for a successor is underway.

Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform, DolWin beta, at Drydocks World - Dubai. The five escort tugs, with more than a combined 450 metric tons bollard pull power, provided marine support not only during the unberthing process but also in the 24-mile tow offshore and its float over on to the heavy transport vessel, Dockwise owned and operated, Mighty Servant 1.

Tug Fairmount Expedition has towed jack-up rig Naga 3 from the PV Marine Shipyard in Vung Tau, Vietnam, to the RD-19X Block 15-2 oilfield offshore Vietnam. Last month the tug has towed the rig from Singapore to the shipyard, after which the Fairmount Expedition remained anchored off Vung Tau. The Naga 3 is a Gusto MSC CJ46-X100-D design jack-up rig, built in 2010 by Dubai Drydocks World and owned by UMW Petropipe/Singapore Drilling. The 70 meters long rig can drill up to 9,144 meters in depth.

Tug Fairmount Expedition has towed jack-up rig Naga 3 safely from Labuan, Malaysia, to the PV Marine Shipyard in Vung Tau, Vietnam. The Fairmount Expedition was mobilized from Singapore for this 575 miles voyage. During the voyage the Fairmount Expedition only made use of two of her four main engines. The Naga 3 is a Gusto MSC CJ46-X100-D design jack-up rig, built in 2010 by Dubai Drydocks World and owned by UMW Petropipe/Singapore Drilling. The 70 meters long rig can drill up to 9,144 meters in depth.

Viking Offshore & Marine Limited has announced it would participate in the ownership of a second cantilever drilling jack-up rig, further strengthening its partnership with Singapore rig veteran, Chan Kwan Bian as it accelerates its entry into mainstream offshore rig chartering. SGX Catalist-listed Viking said its wholly-owned Viking Asset Management Pte. Ltd. (VAM) will invest US$5.4 million to take a 30%-stake in Quick Booms Investments Limited (“QBI”), a special purpose vehicle controlled by Chan which has a contract with a yard to build the CJ46-X100-D GustoMSC designed for use in water depth up to 375 feet and can accommodate 120 men during operation.

According to a Jan. 23 report from Bloomberg, the shipbuilding and repair arm of indebted state conglomerate Dubai World said it has secured $200m in immediate financing and plans to begin talks with creditors to restructure its debt. (Source: Bloomberg)

Drydocks World & Maritime World recently hosted a meeting with many of their business & commercial agents. The agents represent the organizations interests in different areas overseasand they gathered to discuss the latest projects handled by the company and to understand the requirements for the future. Welcoming the agents, His Excellency Khamis Juma Buamim, Chairman, Drydocks World & Maritime World thanked them for the support that they have displayed to the company in the past.

Dubai, UAE, May 4, 2011: Drydocks World, the leading Dubai-based maritime service provider, and Abu Dhabi National Tanker Company & National Gas Shipping Company (ADNATCO & NGSCO), the shipping arm of ADNOC and its Group of Companies, reviewed ways of further strengthening their trade cooperation to stimulate oil and gas industry and trade in the Middle East. This was decided during a meeting between Khamis Juma Buamim, Chairman of Board of Drydocks World and Maritime World and Ali Obaid Al-Yabhouni…

Dubai's Drydocks World & Maritime World chairman in discussions with DNV group CEO on mutual opportinities in shipping. Chairman H.E. Khamis Juma Buamim held discussions with DNV Group Chief Executive Officer, Henrik O. Madsen at DNV headquarter in Oslo, Norway. The discussions revolved around next-generation shipping, DNV’s expansion in Dubai and the region, new business platforms in Africa, emerging issues and avenues of possible co-operation at the international level. Drydocks World is spearheading industry initiatives such as the ‘Dubai Maritime Green Initiative…

Drydocks World & Maritime World, a provider of services to the international marine and maritime industry, announced that the Mare Forum Shipping Summit will be held in 2014 in Dubai, UAE. The event which will be attended by leaders of both the regional and international industry will be the first time that this internationally recognized forum will be held in Dubai and will focus world-wide attention to the growing importance and emerging stature of Dubai within industry circles.

Dubai - Drydocks World LLC (DDW) has been in dialogue with its core group of lenders since late 2011 to develop a proposal for the restructuring of its debt obligations under its $2.2 billion syndicated facility. With the support of its wider stakeholders, significant progress has been made over recent months in all aspects of the restructuring. As a result, DDW can today announce that it is confident that it will receive the support of a majority of its syndicated lenders to the terms of its debt restructuring. Consequently, on March 8, 2012, DDW will present the terms of its proposal and the steps required to implement it, along with the associated timeline to all its syndicated lenders.

Dubai - Drydocks World, international player in ship repair and rig upgrade, conversion and new building, announced today that it will build the world’s largest turret, weighing 11,500 tons, for SBM Offshore, a pioneer in the offshore oil and gas industry, at its world-leading Dubai based shipyard. The turret will be integrated in the world's first floating liquefied natural gas (FLNG) facility, to be deployed by Shell Development (Australia) Pty Ltd. at its Prelude gas field off the northwest coast of Australia. It is a game-changing and innovative use of technology, which will allow Shell to bring new energy sources to market, by accessing offshore gas fields which would otherwise be uneconomic or difficult to develop via a traditional land-based facility.

Drydocks World has announced that Shell’s pioneering Prelude Floating Liquefied Natural Gas (FLNG) facility – the world’s first – was initiated with a Steel Cutting ceremony of its Turret, the world’s largest – at more than 90 m in height and 30 m in diameter and weighing 11,500 tonnes. The Ceremony was attended by senior personnel from Shell, Technip, SHI and SBM Offshore. The Turret will be built as six modules at the Dubai shipyard and shipped to Samsung Heavy Industry's yard in Korea, where these will be integrated into the FLNG facility, once it is built.

Platinum Yacht Repair, the yacht repair and maintenance arm of Dubai's Drydocks World & Maritime World, say they have converted the landing craft Al Hail 1, belonging to Dubai-based M/S Royal Yachts from naval to civilan use as floating yacht repair and maintenance facility. The 54-metre vessel arrived at the Platinum Yacht Repair facility at Dubai Maritime City in June 2013 to undergo the necessary extensive modification and refit. “With the unprecedented development taking place in the region and in Dubai in particular…