Statoil has released a video of a heavy lift as part of its Aasta Hansteen spar integration in Hyundai Heavy Industries' yard in South Korea. Weighing 2200-tonne and measuring 50 X 20 X 25m, the heavy lift of this 'mega module' was a…
NEL, the UK-based flow measurement research and development specialist, has launched a joint industry project (JIP) to meet an urgent industry requirement to address the challenges of accurately measuring highly viscous, multiphase flows…
ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…
Following an order announced in October 2013, MacGregor, part of Cargotec, delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000…
Precision Polymer Engineering (PPE) announced the official opening of its new manufacturing facility in Brenham, Texas on 12 February 12 2015. The new site, which began production in November 2014, manufactures high performance compression…
Bladt Industries, Aalborg, Denmark has awarded Seaway Heavy Lifting the contract for the transportation and installation of the Sandbank substation. The substation platform consists of a jacket, skirt piles and deck and requires to be installed in the Sandbank Offshore Wind Farm…
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…
Reflecting the overall trends of the industry to go ever-deeper, companies are now attaining first oil through advanced, specialized methods and technologies. GTL FPSO rendering from DSME. Companies’ reaches are ever-lengthening…
Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of NOK330 million. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC)…
Subsea 7 provides this animation of its new heavy construction vessel The Seven Arctic, which is under construction at Hyundai Heavy Industries (HHI) in South Korea, and due for delivery in 2016. The newbuild subsea construction vessel…
Power and automoation group ABB has won contracts worth more than US$20 million to supply electrical power and propulsion systems for two next-generation offshore vessels. The first vessel, of ULSTEIN SX165 design (pictured), is being…
FKAB China has won a design order from Shanghai Zhenhua Heavy Industry's (ZPMC) shipping arm for conversion of a 15-year-old afrmax tanker to a semisubmersible heavy lift vessel. After conversion, the heavy lift vessel will be able to transport container cranes…
IHC Merwede has signed a contract for the engineering, procurement and construction (EPC) delivery of an active heave compensation (AHC) system. The system will be designed for use in deepwater subsea installation of heavy modules in dynamic sea states…
Subsea 7 has announced that it is to build a new heavy construction and flexible pipelay vessel which will be delivered in 2016. The new vessel will be one of the most capable heavy construction vessels in Subsea 7’s fleet of over 40 ships…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
