Samsung Heavy Industries News

 

Seadrill Secures $97.5M in New Drillship Contracts

Jan 30, 2024

Offshore drilling contractor Seadrill has secured multiple contract awards totaling approximately $97.5 million for its West Vela and West Cappella drillships, announcing also it would resume management services for its West Auriga drillship earlier than expected.Talos Production has awarded the West Vela a contract with an estimated duration of 150 days in the U.S. Gulf of Mexico.The contract is expected…

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

Apr 05, 2024

Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero)…

Developers Postpone Cedar LNG Final Investment Decision

Mar 04, 2024

Cedar LNG and its partners, the Haisla Nation and Pembina Pipeline, have postponed the final investment decision (FID) for the proposed floating LNG facility in Canada's British Columbia to mid-2024.Cedar LNG has completed several key project deliverables…

Stena Drilling Takes Delivery of Stena Evolution Drillship

Jan 17, 2024

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…

Samsung Heavy Industries Gets $1.5B FLNG Order

Jan 05, 2024

Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit…

SHI Touts 'Eco-Friendly' Strategies at Gastech '23

Sep 06, 2023

At Gastech 2023, Samsung Heavy Industries (SHI) offers a separate 216 sq. m. exhibition hall at the Singapore Expo venue showcasing its technological developments in LNG and LCO2 transport vessels, centered around the FLNG (Floating Liquefied Natural Gas Production Facility) models…

Transocean Awarded $222 Million Drillship Contract

Aug 31, 2023

Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…

Samsung Heavy and MISC Develop Floating CO2 Storage Unit

Aug 30, 2023

Samsung Heavy Industries has received basic certification for a floating CO2 storage unit (FCSU) from DNV.The FCSU, jointly developed by Samsung Heavy Industries and MISC, is 330 meters long and 64 meters wide, and has a high-pressure tank capacity that can store 100…

SHI to Open Offshore R&D Center in Busan

Jun 15, 2023

Samsung Heavy Industries (SHI) has announced that it will sign an investment memorandum of understanding (MoU) with Busan City, South Korea, to establish an R&D Center.The Busan R&D Center will focus on offshore design and engineering. According to the memorandum of understanding…

A Decade in the Making: Stena Evolution Drillship Prepares for Gulf of Mexico Debut in 2024 as Contract Secured

May 29, 2023

Offshore drilling contractor Stena Drilling has secured a contract with Shell for the Stena Evolution drillship.The Stena Evolution, built by Samsung Heavy Industries, was originally ordered by Ocean Rig, and named Ocean Rig Crete.Ocean Rig ordered the drillship in 2014…

Samsung Heavy Industries Unveils Next-Generation FLNG

May 02, 2023

Samsung Heavy Industries (SHI) has unveiled a proprietary model nearshore FLNG concept which has been certified by DNV at OTC 2023 in Texas.The shipyard says it developed the Multi-purpose LNG Floater-Nearshore (MLF-N) in response to market…

KHNP, Samsung Heavy, Seaborg to Develop Floating Nuclear Power Plants

Apr 21, 2023

South Korea's Korea Hydro & Nuclear Power, Samsung Heavy Industries, and Denmark's Seaborg Technologies have created a consortium to develop floating nuclear power plants with Seaborg Technologies' innovative molten salt reactor technology.The…

Baker Hughes to Deliver Compressor Trains for Petronas FLNG Facility

Apr 20, 2023

Oilfield services and technology firm Baker Hughes has won an order by Black & Veatch, a subcontractor to the JGC and Samsung Heavy Industries consortium, to deliver two LM9000-driven compressor trains for the Petronas nearshore liquefied natural gas facility in Sabah…

Samsung Heavy Industries Taps GTT for Tank Design of New FLNG Unit

Mar 28, 2023

French engineering firm GTT said Tuesday it had received an order from its South Korea-based shipbuilder Samsung Heavy Industries for the tank design of a new Floating Liquefied Natural Gas (FLNG) unit. According to GTT, Samsung is building the FLNG for 'an Asian company…

Seadrill's Ultra-deepwater Drillship to Remain Busy in U.S. Gulf of Mexico

Mar 08, 2023

Offshore drilling contractor Seadrill said Tuesday it had secured a contract extension for its West Neptune drillship.The extension, about six months long, is with the U.S. Gulf of Mexico-focused oil company LLOG Exploration Offshore.The contract extension for the 228-meter-long…

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