FPSO

Egina FPSO Leaves SHI`s Geoje Shipyard

One of the world’s largest FPSOs, at an initial Contract Price of USD 3 billion, leaves for Nigeria – Gigantic floater boasts 2.3 million barrels of storage capacity and topsides weighing 60,000 ton – Local contents portion in Nigeria remains, delivery in 2018 Samsung Heavy Industries Co., Ltd.(“SHI”) successfully completed Geoje-shipyard portion of the world’s largest sized Egina FPSO. The gigantic floater left for Nigeria on 31th October 2017.   SHI has now fulfilled successful delivery or sail-away of three massive offshore projects as scheduled. Earlier this year Ichthys CPF, world’s largest floating gas processing facility, was delivered in April. Prelude FLNG, world’s largest FLNG, had left Goeje in June.   SHI won the order t...

Daewoo Shipbuilding About to Sign New Offshore Plant Contract

According to industry sources, Daewoo Shipbuilding & Marine Engineering (DSME) is expected to sign a new contract with Norwegian oil company Statoil. Estimated to have a total value of 650 billion won (US$580 million), the contract is to build the hull and living quarter of a floating production, storage and offloading (FPSO) facility. The other two participants in the tender are Hyundai Heavy Industries and Samsung Heavy Industries. The construction of the facility is estimated to take US$1.5 billion in total. The bidding process has been divided into those for the hull and living quarter and the topside. The preferred bidder for the former is scheduled to be selected early next month before that for the latter is selected in the first half of next year. After the facility is built, i...

DSME delivers 4th offshore platform out of 5 due this year

South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME) has successfully delivered its floating production storage and offloading (FPSO) vessel to Japan-based Inpex Corporation on schedule, a move that would help the financially-troubled shipbuilder to be better off this year. According to DSME on Thursday, it has handed over Ichthys FPSO to Japan’s largest oil and gas explorer and producer Inpex that placed the order at about 3 trillion won ($2.7 billion) in 2012. With the sailing away of the latest FPSO, DSME has successfully delivered four out of five offshore platforms due this year. The shipbuilder is expected to deliver one more drill ship on schedule by October. The 336-meter-long and 59-meter-wide Ichthys FPSO weighs 150,000 tons and can store up to 1.2 million barrel...

New Fresh Water Generators for Pionerio de Libra FPSO

Dutch water treatment specialist Hatenboer-Water has supplied three fresh water generators for the Pioneiro de Libra oil production vessel built by Jurong Shipyard Pte Ltd. The order consists of three reverse osmosis type fresh water generators. Two of the generators are topside installations in heavy duty box frames suitable for a hazardous Ex Zone 2 area. The Pioneiro de Libra is operated by OOGTK Libra GmbH & Co KG, a joint venture between Brazil’s Odebrecht Oil & Gas and Teekay Offshore. The reverse osmosis (RO) units desalinate seawater for different applications on board. Two of the generators are installed topside and produce 480 m³ dilution water for the oil separation and stabilisation process. The third water maker is installed in the hull of the FPSO. This particular two...

DEVELOPMENT OF 150TON GRADE WINCH FOR FLOATING CRANE

DEVELOPMENT OF 150TON GRADE WINCH FOR FLOATING CRANE COMPANY : EK HEAVY INDUSTRIES

S. Korea’s Largest Offshore Wind Power Plant Complex to Be Established in Saemangeum

South Korea’s largest offshore wind power plant complex with a maximum capacity of 99.2 MW will be established near the Saemangeum Seawall. The Saemangeum Development and Investment Agency (SDIA) announced on January 5 that it would sign a memorandum of agreement (MOA) with special purpose company (SPC) called Saemangeum Offshore Wind Ltd. at the Best Western Hotel in Saemangeum on the 6th for the offshore wind power project, along with North Jeolla Province, Gunsan City, Korea Rural Community Corporation (KRC), Kunsan National University and Jeonbuk Technopark. The project had been pushed ahead from 2009 but it was finally halted due to environmental and radar interference issues. The SPC consists of KEPCO KPS and Mirae Asset. The project is valued at 440 billion won (US$367.74 million) a...

How Ball Valves Work?

Valves play an important role in manufacturing various kinds of items we use or come across on a day-to-day basis. From bicycles or automobiles, jet airplanes, or the oil you use for cooking—all are results of valves in some form or another. However, there are a range of valves. Each differs in not just its shape and dimensions, but also its function and application. In this post, we look at how ball valves work, its different types, and some reasons why it should be used. WHAT ARE BALL VALVES? These are valves that make use of a ball to navigate the movement of substances from one seating surface to another. The function of the ball is similar to a track ball found in old computer mice. However, the ball in the valve consists of a port, which changes alignment in response to the position ...

Temperature Considerations for Pressure Relief Valve Application

The process of selecting or evaluating correct set pressure for pressure relief valve application is relatively straightforward – the set pressure of the pressure relief valve is compared to the pressure vessel maximum allowable working pressure (MAWP). The correct set pressure can be determined by using ASME Code rules and the general principle that at least one valve must be set at or below the MAWP. The Code does not thoroughly explain temperature considerations, and application concerns related to temperature are just as important as proper selection of the correct set pressure. The purpose of this article is to examine some of these concerns when applying pressure relief valves in pressure vessel service. One concern is selecting correct material for pressure relief valve construction...

Theory of Oxy-Fuel Gas Cutting

Oxy-Fuel gas cutting is functional for use with low carbon and low alloy steels, with a carbon content generally restricted to 1/10 to 3/10 of 1%.  The various alloy elements found in steel affect the ability of the oxygen to cut the metal.  Elements such as manganese, silicon, phosphorus, and sulfur have very little effect in normally found levels.  Other elements such as chromium, nickel, molybdenum, and carbon generally reduce the ability of oxygen to sever the material up to the various limits of each. Prior to attempting to flame cut a piece of material, you must study it and consider the elements it contains as well as the combinations of these elements, just as you would if you studied the metal for physical properties for heat treatment, flame hardening, etc. A cutting torch divert...

Industrial Heat Exchangers: What They Are, How They Work, and Why They Are Needed

  Exchangers are easily one of the most important and widely used pieces of process equipment found in industrial sites. Regardless of the particular industry in question, it will likely require some type of temperature regulation, and for that exchangers are likely to come into play. Exchangers may be used for either heating or cooling, however, in the industrial sector, particularly within plants and refineries, they are overwhelmingly used for cooling. Let’s dive a little deeper into what they are, why they are needed, how they work, and how they are classified. What Are Industrial Heat Exchangers? As their name implies industrial heat exchangers are pieces of industrial equipment which are designed to exchange or transfer heat from one medium to another. The heat exchange may be f...

Needle Valves- How Are They Different From Flow Control

Needle valves are fittings which are designed with a slender and tapered point at the end of its valve stem. This is the valve’s stem which is actually lowered right through the seat, to block or restrict the flow. Needle valves are used to ensure that the fluid passes through the valve, and actually turns 90 degrees before it passes through an orifice which serves as the seat. This seat comes with a rod having a cone shaped tip. The valves are actually used to regulate the actual flow of liquids as well as gases, at rates which are set at a low flow. The fine threading design of the needle valve stem, along with its large seat area, ensures that precise resistance will follow. These valves are used to control and check the flow of liquid and gases into the delicate gauges of the system, w...

Chevron Cancels $1.8 Billion FPSO Order at Hyundai Heavy Industries

South Korean shipbuilder Hyunday Heavy Industries confirmed Wednesday that Chevron has cancelled a $1.8 billion (2.1 trillion won) order for a floating production storage offloading (FPSO) destined for Chevron’s Rosebank project in the UK North Sea. “As the process to build the offshore plant has not begun due to delays in Chevron’s final investment decisions, the company won’t suffer any losses from the order cancelation,” an HHI spokesman told Yonhap News. The FPSO would have been permanently moored at the Chevron-operated oil and gas field, located about 80 miles northwest of the Shetland Islands in water depths of approximately 3,600 feet. Hyundai Heavy Industries should have had some indication the contract termination was coming Chevron in late 2015 determined that proven reserves at...

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