Tag: FPSO
Ammonia FPSO Design from Samsung Heavy Industries Receives ABS Approval
Photo Caption: Haeki Jang, SHI Chief Technology Officer, with Patrick Ryan, ABS Senior Vice President and Chief Technology Officer (HOUSTON) ABS presented an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit. Called Samsung Ammonia Blue, the concept features advanced safety…
Mitsui O.S.K. Lines Expands Stake in MODEC, Solidifying Strategic Partnership
Mitsui O.S.K. Lines, Ltd. (MOL) has completed the purchase of 89,500 shares of MODEC, Inc., boosting its total holdings to 15.00% of the company’s common stock. This follows a previous acquisition in June 2023 of over 10 million shares, bringing MOL’s total stake to this new level. As a result of this investment, MODEC will…
ABS Awarded Classification Contract for Innovative FPSO Platforms
(SINGAPORE) Seatrium announced that it has awarded the American Bureau of Shipping (ABS) a Classification contract for the newbuild floating production storage and offloading vessels (FPSO) platforms P-84 and P-85 with the final delivery expected to 2029. These are the first FPSOs to be awarded following ABS and Seatrium’s Technology Collaboration Agreement (TCA), that aims…
ABS to Class Two New Seatrium FPSOs for Petrobras
(SINGAPORE) ABS was awarded Classification by Seatrium for their newbuild floating production storage and offloading vessels (FPSOs), platforms P-84 and P-85, that will be delivered to Petrobras. These are the first FPSOs to be awarded following ABS and Seatrium’s historic Technology Collaboration Agreement (TCA), that will promote increased decarbonization, digitalization and innovation in the offshore…
Abs Awards World’s First Remote-con Notation For Fpso Liza Unity
(HOUSTON) The ABS-classed Liza Unity continues to collect industry firsts by receiving the first REMOTE-CON notation for an FPSO from ABS. The REMOTE-CON notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote…
ABS Approves FPSO Newbuild Hull Design Concept from Shapoorji Pallonji Energy
(SINGAPORE) The Sterling Streamline, a next generation concept design for large FPSO newbuild hulls from Shapoorji Pallonji Energy (SPE), has received approval in principle (AIP) from ABS. The design features flexible mooring configurations, 60 risers and an umbilical slots riser balcony, with an oil processing capacity of up to 250,000…