InterMoor has been contracted by Subsea 7 to provide mooring and tow services for BP’s Mad Dog 2 project in the US Gulf of Mexico, InterMoor announced today (11 September). The contract's scope includes InterMoor securing the new semisubmersible production platform at depths of 4440ft…
Stena Atlantic Ltd., an affiliate of Stena Drilling, notified Korean shipbuilder Samsung Heavy Industries (SHI) last week, that it has exercised its right to cancel their contract for the construction of the Stena MidMAX, a dynamically positioned harsh environment semisubmersible drilling unit…
Wood Group has won two separate contracts related to BP’s Mad Dog 2 project to provide engineering services to the deepwater project in the Gulf of Mexico. Mad Dog 2 illustration, from BP. Samsung…
Certification and technical services firm ABS and South Korean shipbuilder Samsung Heavy Industries (SHI) has concluded a joint development project (JDP) for a new tension leg platform (TLP) design. The new TLP hull concept, the Samsung Enhanced hull for Tendon (SET) TLP…
Fifteen leading offshore companies, including Shell, Chevron, and McDermott International, have signed a memorandum of understanding (MOU) to establish engineering industry standards known as the Standardization Unified Joint Industry Project (JIP)…
Pacific Drilling announced that it has exercised its right to rescind the construction contract for ultra-deepwater drillship Pacific Zonda due to the failure by Samsung Heavy Industries (SHI) to timely deliver a vessel that substantially…
Technip has awarded SBM Offshore a front-end engineering and design (FEED) contract for three, large-scale turret mooring systems associated with the proposed Browse FLNG development offshore Australia. The three, large-scale turrets…
Technip and South Korea’s Samsung Heavy Industries (SHI) are teaming up to develop a joint design of a low motion semisubmersible production platform. Technip and SHI already work together under a consortium arrangement, the Technip Samsung Consortium…
Technip Samsung Consortium has been named as the front-end engineering contract for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside. The Browse project will comprise three FLNG units, used to develop the Brecknock…
Statoil, on behalf of the Johan Sverdrup license, awarded Korea's Samsung Heavy Industries Shipyard the US$892 million (NOK 7 billion) contract for decks for both the process and riser platforms. Johan Sverdrup…
Leading industry executives including BP CEO Bob Dudley cautioned against “over-reacting” to current low oil prices at global industry forum. 'While there has been some speculation that the high cost of unconventional oil production might…
South Korea has become an international shipbuilding power-house – a name-plate for dozens of global mega-projects stretching from New Foundland to Australia. What is described as “the largest fabrication facility in the world” is in…
ABB is to deliver total power solutions to Ocean Rig’s two new seventh generation integrated design mobile offshore drilling units (MODU), being built by Samsung Heavy Industries (SHI) at Goeje shipyard in Korea. The contract includes…
Seoul, South Korea-headquartered Samsung Heavy Industries will merge with Samsung Engineering Co., Ltd., the companies announced on 1 September 2014. The goal of the merger is to allow the companies a chance to become a global top-tier EPC (engineering…
Heat transfer, centrifugal separation and fluid handling firm Alfa Laval has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea for use on Total's Egina FPSO. The order, worth about SEK 240 million…
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