Singapore's Marine & Offshore Sector Powering Output
Singapore's first-quarter growth could be revised higher after data on Friday showed unexpectedly strong industrial output in March, double the pace of market expectations, with output in marine and offshore engineering +45.1% y/y. Manufacturing output in March surged 12.1 percent from a year earlier, far exceeding expectations in a Reuters poll for growth of 6.3 percent. Output rose 6.1 percent on a month-on-month, seasonally adjusted basis, quicker than the median forecast of 1.5 percent.
DNV Greater China Offshore Committee
Zhou Shouwei, Vice General Manager of CNOOC (China National Offshore Oil Corporation) and Academician of the Chinese Academy of Engineering accepted DNV’s invitation to be the chairman of the DNV Greater China Offshore Committee. The DNV Offshore Committee is the first of its kind to be organized by a classification society in China. “The objective of establishing this committee is to create a forum where senior executives from the Chinese offshore industry can meet to exchange information on new technology, innovation, experiences and practices related to offshore engineering,” said DNV Vice President and Regional Manager Joerg Beiler.
Petrobras Standardizes on Intergraph 3D Technology
The world’s eighth largest oil company and a longtime Intergraph customer, Petrobras will completely adopt SmartPlant® 3D modeling and visualization, engineering and schematics, information and materials management, and project controls solutions to enable Petrobras to develop, operate and maintain its fixed offshore drilling platforms, semi-submersibles and FPSOs. Petrobras has already used Intergraph solutions for 10 FPSOs, four semisubmersible floating production platforms, one gas platform and one re-pumping platform. Sisgraph, Intergraph’s Brazil-based distribution partner, will continue to support Intergraph offshore engineering solutions for Petrobras.
China Shipbuilders Ready to Foray into Offshore Engineering
Jiangsu Rongsheng Heavy Industries Group Co Ltd began building CNOOC 201, a deepwater pipe laying and lifting vessel for China National Offshore Oil Corporation in Rugao Port of Nantong City in Jiangsu Province on September 16th 2008. CNOOC Engineering plans to input CNY 15 billion(USD2bn) in construction of a series of deepwater equipment including deep sea drilling vessels, ready to focus on deepwater prospecting, since most of the country's newly discovered oilfields are deep undersea. According to South Korean companies' experience, the gross margin of offshore engineering reaches up to 30%, while that of China's domestic shipbuilding industry has only hit 18% to 19% since the beginning of 2008.
HHI to Deploy 3DEXPERIENCE Design Platform
Dassault Systèmes, the 3DEXPERIENCE Company, a company in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, announced that the offshore and engineering division of Hyundai Heavy Industries (HHI) has chosen to deploy Dassault Systèmes' 3DEXPERIENCE platform and its marine and offshore industry solution experiences. The company’s 3DEXPERIENCE strategy and technologies will enable HHI to produce offshore facilities with not just better quality and performance, but with the industry’s best quality and performance. HHI evaluated many major industry vendors in its search for the right partner and technology.
Chinese Shipyard Inks Creon Jack-up Rig Order
Jiangsu Yangzijiang Offshore Engineering Co. Ltd. signs contract for the rig with Creon associate company Explorer 1. The directors of Creon the resources infrastructure investment company, announce that Jiangsu Yangzijiang Offshore Engineering Co. Ltd. has entered into a contract valued at US$170-million with Explorer I Limited to construct and deliver a Le Tourneau Super 116E Class design self-elevating mobile offshore jack up drilling rig. Delivery of the Rig is anticipated in the second quarter of 2015. It will be built to ABS Classifications and capable of drilling to 30,000 feet in sea depths of up to 350 feet. The rig will be fully equipped with state of the art drilling equipment and will have accommodation for 120 people.
Aker Wins Big EPCI Contract Offshore Canada
Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field. The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option to extend the contract for as many as 10 one-year periods. The estimated contract value is NOK 900 million for the five-year period. "We are delighted that Husky has chosen us as their preferred partner for offshore engineering services at the White Rose field," says Tore Sjursen, head of maintenance, modifications and operations at Aker Solutions. The project will employ about 70 management and engineering employees onshore, as well as 20 people on rotation offshore. The White Rose field is located 350 kilometres southeast of St.
China Shipbuilding Industry Midgets Reigned In
China signaled that it will cut its vast shipyard army to get industrial growth back on a healthy track this year, as its earning ability falters amid cheap vessel prices, blind expansion and speculation in the shipbuilding sector, according to Xinhua. China will drastically curb the number of shipyards, docks, berths and maintenance facilities it opens, reports Xinhua, citing Li Dong, deputy director-general at the department of equipment industry at the Ministry of Industry and Information Technology.
University Unveils Subsea Extreme Engineering Centre
UK's Newcastle University to lead a national centre for subsea & offshore engineering in a major drive to develop new materials & technologies. The Neptune National Centre for Subsea and Offshore Engineering was unveiled recently by Business Secretary Vince Cable as a key part of the Government's Oil and Gas Strategy. It will be the first of its kind in the UK, bringing together industry and academia to create a world-class engineering research facility. Developing technologies that can withstand one of the world’s harshest environments, the new centre will be at the forefront of a quest to harness the ocean's potential as a source of food, energy and medicine.
China Conference on Offshore Engineering Coming Up
The conference aims at exploring the forefront of subsea exploration technology, and promoting trade exchanges and cooperation between business partners. All participants will have the opportunity to expand business relations and get a transparent interpretation of future market trends. The first day will discuss the development trend of oil and gas industry in the South China Sea, as well as offshore platform structure strategy; the second day will introduce subsea production technology, shipyard applications and future trends. In 2011, global offshore engineering equipment orders amounted to 69 billion RMB, an increase of 130% on the previous year.
Sri Lanka Approves $180 mln Vessel Deal for Colombo Dockyard
Sri Lanka's cabinet has approved the awarding of a $180 million deal for three offshore patrol vessels for the country's coast guard to Colombo Dockyard , a government document said on Wednesday. Colombo Dockyard has agreed to arrange a loan for the deal, with 40 percent provided by the Japanese Funding Institution of JBIC, another 40 percent from Bank of Tokyo Mitsubishi UFJ, and the rest from a tied commercial term loan facility, the document said. Dockyard, located in Colombo port, is Sri Lanka’s largest engineering facility in the business of ship repair, shipbuilding, heavy engineering and offshore engineering. (Reporting by Shihar Aneez)
Cosco Closing Down Yards
COSCO Shipping Heavy Industry Co is planning to cut the number of shipyards that are able to manufacture offshore engineering products from five to two by 2020, China Daily reported. China's third largest shipbuilder by output makes this move as the company's latest effort to cut overcapacity, since the global market is unlikely to see a notable upturn anytime soon. Under the plan, its shipyards in Nantong, Zhoushan and Dongguan will be shut down. The company will keep manufacturing…
Aqualis Offshore and CSDC Join Forces
Aqualis Offshore and China Ship Design & Research Center Co., Ltd (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally. CSDC, a subsidiary company of China Shipbuilding Industry Corp (CSIC), specializes in shipbuilding and offshore engineering services. Aqualis Offshore, part of Oslo-listed Aqualis ASA, is a specialized offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Under the agreement, Aqualis Offshore and CSDC will cooperate in the fields of engineering, project management, research, innovation and marketing. A key objective is to develop a joint engineering service to offshore newbuild projects in China and elsewhere.
Reeve's Joins Robert Allan Ltd
Robert Allan Ltd. announced that Henry Reeve, P.E. (BASc, UBC Mech 95, Masters, NA and Offshore Engineering, Berkley ’97) has joined Robert Allan Ltd. as a Senior Naval Architect. Reeve’s areas of expertise include hydrodynamics and motions, mooring, resistance predictions, stability (ship and offshore), model testing, CFD analysis, regulatory and classification issues, and vessel survey. He has worked on the naval architecture aspects of CNG and LNG Terminals and Ships, SWATHs, Ro-Ro Ferries, MODU’s, FPSOs and FSOs, SPARs, TLPs and Offshore Current Turbines.
DPS Offshore is now Forum Subsea Rentals
Forum Energy Technologies, Inc. (NYSE: FET) recently announced the rebrand of its DPS Offshore product line to be known as Forum Subsea Rentals. With an extensive inventory of the most advanced subsea rental products, Forum Subsea Rentals is recognized as one of the global leaders within the industry. Supported by a dedicated team of experienced technicians and offshore engineers, Forum Subsea Rentals services both existing and new clients from key locations in Aberdeen, Great Yarmouth, Houston, Dubai and Singapore.
Halter Marine Expands Existing Expertise
Halter Marine Expands Existing Expertise In conjunction with its current deepwater production system expansion, such as FSO to FPSO conversion and the construction of new floating production systems, Halter Marine has elected Joe W. Key, as vice president, engineering development. Key, who brings more than 30 years of offshore engineering and project management experience, will work on concept vetting, and product research and development.
Honghua Group Wins Rig Contract from Orion
Chinese rig builder Honghua Group has been awarded a contract by Orion Engineering and Management Ltd to build a semi-submersible drilling rig, with options to build three more. According to a statement released by Honghua, the rig deal worth US$320 million was signed by its offshore outfit Honghua Offshore Oil & Gas Jiangsu Company Ltd. According to the Agreement the order is expected to be executed within 60 days. The option to purchase an additional 3 rig units with the same…
Technology Breakthrough in Offshore Wind Design Analysis
Previously there has been no single software tool available on the market that covers both wind turbine and substructure design analysis in one analysis package. Now Fedem Technology and DNV Software have joined forces with a new coupled analysis module available in Sesam Wind – used when performance of the wind turbine is influenced by wave loading. The offshore wind turbine industry will benefit from this new and innovative, user-friendly software solution including dynamic simulations, advanced fatigue calculation and code check in one complete analysis package.
PV Shipyard Employs Intergraph Products
Petrovietnam Marine Shipyard Joint Stock Company (PV Shipyard) has standardized on Intergraph® SmartMarine® 3D as its preferred 3D offshore engineering and design solution. PV Shipyard has also expanded its portfolio of Intergraph solutions and has selected other SmartMarine Enterprise solutions (including SmartPlant® Foundation, SmartPlant Instrumentation, SmartPlant P&ID, SmartPlant Electrical, SmartPlant Reference Data, and SmartPlant Review) to support its projects.
ABS Names New Chief Engineer
Montaruli steps up at ABS as technical engineering authority. ABS, a provider of classification to the global marine and offshore industries, announced the appointment of Bret Montaruli as Vice President and Chief Engineer. In his new role, Montaruli will be responsible for overseeing the interpretation, application and compliance with the ABS Rules across all ABS Engineering offices worldwide. Montaruli steps into his new position February 15, 2016 to replace Jim Gaughan, who is retiring from ABS after 30 years of service.
Sember Appointed ABS VP For Offshore Development
William J. Sember has been appointed vice president offshore development for ABS. Currently, Sember serves as vice president technology & business development, ABS Europe. He will relocate to ABS Worldwide Headquarters in Houston, Texas and assume the new responsibilities effective January 1, 2002. During his 26-year career at ABS, Sember has held a succession of senior positions after starting as a field surveyor, including head of the offshore engineering department and vice president of operations for the eastern region of ABS Europe. Chapter, and the American Petroleum Institute (API) where he was chairman of the Subcommittee on Floating Systems. (IACS) Working Party on Drilling Units.
6Sigma Named a HydroComp Representative
HydroComp, Inc. announced 6Sigma Naval Architects of Capetown, South Africa as its new representative. 6Sigma Naval Architects & Offshore Engineering Pty Ltd, Cape Town, South Africa was founded in 2012 based on the backing of exposure to the European market. 6Sigma core competencies are engineering design (EPC) for shipbuilding and offshore structures, and engineering courses for R&D and software. 6Sigma’s mission is to provide top end engineering for the African market, and via its 6Sigma Shipyards Support initiative, bring engineering courses and software training for all shipyards to develop and expand their business in the Africa.
Jacobs Acquires Engineering Firm
Jacobs Engineering Group Inc. has acquired W.H. Linder & Associates, Inc., an upstream/offshore engineering firm based in Metairie, La.; and Houston, Texas. Officials did not disclose the terms of the acquisition. Linder is a full-service, multidisciplinary consulting engineering firm with over 300 people and 25 years of experience in the upstream/offshore market. They offer a comprehensive suite of engineering and support services; with their core services tailored to the oil & gas sector. Jacobs operates from two major locations on the U.S. Gulf Coast (Houston and Baton Rouge), and serves their oil, gas, refining, chemical, and aerospace clients from those locations.