|DSME wins Caspian drill ship construction order|
|Tuesday, 11 January 2011 15:30|
South Korean shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME), has announced that it has been awarded a drill ship order by a South Korean consortium led by the state-run Korea National Oil Corporation.
The vessel measures 100 metres in length and 40 metres in breadth, and has a maximum 6,000-metre drilling depth capacity. The vessel will be used for an oil exploration project in the large Zhambyl oil field in Kazakhstan. The South Korean consortium previously won a stake in the project.
Given that the vessel’s operation area, the Caspian Sea, is surrounded by land on all sides, DSME plans to complete construction using its Mangalia shipyard in Romania, as well as local shipyards in the Caspian Sea region.
If oil is found in the Zhambyl oil field, oil production is likely to begin in 2018, and DSME expects that more orders for production facilities and plants needed for oil development would follow.
With this drill ship order, DSME has so far secured orders for fifteen vessels and two offshore products this year, totalling US $1.59 billion.
Latest Book Reviews
- South Pacific Cauldron: World War II’s Great Forgotten Battlegrounds
- Deep Sea And Foreign Going: Inside Shipping, The Invisible Industry That Brings You 90% Of Everything
- The Shark’s Paintbrush: Biomimicry and How Nature is Inspiring Innovation
- The American Clipper Ship, 1845-1920: A Comprehensive History, with a Listing of Builders and Their Ships
- Pollution Prevention From Ships: 30 Years of HELMEPA and MARPOL
- French Designs On Colonial New South Wales: François Péron’s Memoir on the English Settlement in New Holland, Van Diemen’s Land and The Archipelagos of the Great Pacific Ocean
- Through Albert’s Eyes: Volume 2 of the British Navy at War and Peace
Latest CommentsKenny: Mermaid Sapphire is not a Mermaid Marine Australia vessel. The vessel is owned by Thai Company with ...
Rob simm: How does seeing a vessel operating outside of Australia in Sakalin, have anything to do with the MUA...
Dan Westerlund: To be noted that bigger (wider) ships can be built in Turku than in Papenburg. There have been negot...
Richard Stretch: Hi I am looking for information regarding Robert Farquhar.He was working at Walkers Limited earley i...