Hyundai Heavy Industries News

 

SBM Offshore to Build FSO for Woodside’s Trion Development Off Mexico

Aug 08, 2024

Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico.Under the contract, SBM Offshore will construct and thereafter lease to Woodside an FSO unit for a period of 20 years.This award comes in addition to the transportation and installation job for the FSO and the FPU…

Northern Ocean’s Deepsea Bollsta Semi-Sub Finds Work Off Namibia

Jun 27, 2024

Oslo-listed offshore drilling rig owner Northern Ocean has secured a contract with a subsidiary of a major oil and gas operator for its Deepsea Bollsta semi-submersible drilling rig, which will be put to work offshore Namibia.The one well contract…

QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships

Mar 25, 2024

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program…

Nakilat Grows Fleet with Six New LNG and LPG Carriers

Jan 09, 2024

Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174…

Wood Secures Trion FPU Topsides Job

Jan 08, 2024

UK engineering company Wood has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion floating production unit (FPU) in the Gulf of Mexico.When complete, Trion will have a production capacity of 100…

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

Sep 27, 2023

Qatari oil and gas company QatarEnergy has ordered 17 'ultra-modern' LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion)…

GE Vernova's SeaGreen Power and Propulsion for Excelerate Energy's New FSRU

Sep 05, 2023

GE Vernova’s Power Conversion recently won a contract award from HD Hyundai Heavy Industries Co. to supply GE Vernova’s SeaGreen integrated power and propulsion system, equipped with high power-density induction motor technology, to power and…

DORIS Secures Second Contract for Gray Whale 3 Floating Offshore Wind Farm in South Korea

Jun 26, 2023

Offshore engineering services firm DORIS has secured a second Front-end Engineering Design (FEED) contract for the Gray Whale 3 floating offshore wind farm in South Korea. The scope of the FEED includes the project’s full electrical and communications system to the grid connection…

Østensjø Rederi to Manage, Operate Hyundai's Edda Fortis Flotel

Feb 14, 2023

After canceling its order for the vessel years ago, Østensjø Rederi has now announced that it will manage and operate the flotel Edda Fortis.The Norwegian offshore vessel operator, through its subsidiary Edda Accommodation ordered the Edda Fortis from the Hyundai shipyard in 2013…

South Korea: Hanwha Group Inks Deal to Take Over Daewoo Shipbuilding

Dec 16, 2022

South Korea's Hanwha Group has signed an agreement to take over Daewoo Shipbuilding & Marine Engineering, Daewoo Shipbuilding said in a regulatory filing on Friday. The deal comes after the two parties signed a tentative agreement in September in which affiliates of Hanwha Group…

BV to Certify Floating Wind Farm in S. Korea

Nov 22, 2022

Bureau Veritas, a testing, inspection, and certification company, will work with the Korean Register (KR) to certify Bada Energy's Gray Whale 3 floating offshore wind farm project in Ulsan, South Korea.Gray Whale 3 floating offshore wind farm is a product of a partnership between Corio Generation…

ABS Grants AIP for HHI's Hi-ReGAS+ Regasification System

Nov 08, 2022

Classification society ABS announced it has awarded approval in principle (AIP) for a next-generation, highly efficient concept of a regasification system (Hi-ReGAS+) for floating storage regasification units (FSRUs) and floating liquefied natural gas (LNG) terminals that uses natural circulation…

DORIS, Hyundai Heavy Win Floating Wind Farm Engineering Deal in South Korea

Oct 07, 2022

A consortium between the offshore engineering firm DORIS and the Korean shipbuilding and offshore engineering giant Hyundai Heavy Industries has won a Front-End Engineering Design (FEED) contract for a floating wind project in South Korea.The…

S.Korea's Hanwha Group to Invest $1.4B for Daewoo Shipbuilding

Sep 26, 2022

South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd signed a tentative agreement on Monday for Hanwha Group to invest 2 trillion won ($1.4 billion) in return for a 49.3% stake and management rights in the shipbuilder, the companies and Daewoo's major stakeholder said…

Korean Shipbuilder Can't Accept New FSRU Orders as Capacity Full

Jun 02, 2022

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…

Logistics News

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

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