Samsung Heavy Industries News

 

Samsung delivers Egina FPSO

Nov 03, 2017

Samsung Heavy Industries (SHI) has delivered French oil major Total's deepwater Egina floating production, storage and offloading (FPSO) vessel. The vessel was completed at SHI's Geoje-shipyard under a US$3 billion turnkey project, and set sail for Nigeria on 31 October 2017…

Ocean Rig picked for Statoil Tanzania drilling program

Oct 13, 2017

Ocean Rig has signed a contract with Statoil, for a one-well drilling program offshore Tanzania.  The contract is expected to start in Q1 2018, and will use the Ocean Rig Poseidon, a 6th generation deepwater drillship based on the enhanced SAIPEM 10000 design…

Stena cancels newbuild with Samsung

Jun 05, 2017

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…

Fatalities on Total's Martin Linge project

May 01, 2017

Six people have been killed and more injured after a crane fell down in a South Korean shipyard at the site of Total's Martin Linge platform construction.  According to news agency Reuters, six people were killed in the accident and more than 20 injured…

Ensco delays DS-10 drillship

Jan 24, 2017

Houston’s Ensco agreed to an amendment with Samsung Heavy Industries (SHI) for the ENSCO DS-10 drillship construction contract that will see the delivery extended again until 31 March 2019. Ensco said it may elect to take delivery of…

Egina FPSO orders additional Amarinth pumps

Jan 17, 2017

Amarinth, which specializes in the design, application and manufacture of centrifugal pumps and associated equipment to the oil and gas, petrochemical, chemical, industrial, power and renewable energy markets, has secured a further order…

Höegh LNG orders more FSRUs

Dec 07, 2016

Höegh LNG inked a letter of intent (LOI) with Samsung Heavy Industries (SHI) in South Korea for one firm and three optional floating storage regasification units (FSRU). The 170,000 cu m FSRUs have regasification capacity of 750 MMcf/d and full trading capabilities…

Statoil, CCB ink double jackup contract

Nov 03, 2016

Statoil awarded Coast Center Base (CCB) a contract for the reception and preparation of the two new category J rigs for Statoil: Boots and the Cinderella.  The rigs are being built at the Samsung Heavy Industries shipyard in South Korea and are expected to the delivered in Q2 2017…

ABS, SHI reveal TLP concept

Oct 20, 2016

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…

Petronas launches hull for PFLNG2

May 10, 2016

Malaysia’s Petronas has launched the hull for its second floating liquefied natural gas (LNG) facility, the Petronas Floating LNG2 (PFLNG2) at the Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea. Late last month,…

Pacific Drilling rescinds Zonda contract

Oct 29, 2015

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, SHI enter design partnership

Sep 22, 2015

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…

Maersk secures US$17 million Total contract

Oct 27, 2014

Total awarded Maersk Drilling’s third drillship, the Maersk Venturer, a short-term, US$17 million contract for a one-well program offshore Malaysia. Maersk says the contract is for 45 days with an option to extend for up to 40 days. The drilling program is expected to begin in December 2014…

SHI picks ABB for Ocean Rig MODUs

Sep 09, 2014

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…

Samsung Heavy Industries merges with engineering company

Sep 02, 2014

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…

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