Drydocks World signs key construction contract with SBM

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Drydocks World signs key construction contract with SBM

Drydocks World the leading marine, onshore and offshore service provider to the oil, gas and renewable energy sectors has signed a contract agreement with SBM Offshore to carry-out the Construction of the Turret Mooring System (TMS) for Statoil’s Johan Castberg Floating Production Storage and Offloading (FPSO) vessel.

The Johan Castberg FPSO will be permanently moored by the internal TMS at the Johan Castberg field in offshore Norway. The system will allow the vessel to passively weathervane around the anchor legs while simultaneously transferring fluids, power, and communications signals between the vessel and subsea equipment.

Drydocks World will be responsible for detail design of certain specified works, bulk procurement and construction including Super Duplex piping work and TLER / TLIR module.

Drydocks World’s Chief Operating Officer Mr. Mohammad Rizal commented, “Drydocks World has a strong track record in delivering Turret Mooring Systems with an excellent safety and quality record. We have delivered the world’s largest turret to SBM Offshore, which positioned our yard as a global specialist with expertise in delivering large complex projects. This is the 3rd turret that SBM Offshore has awarded to Drydocks World. Our long term business relationship started from 1996 with the first FSO conversion and since then we have successfully completed several FPSO projects. Drydocks World is committed to once again deliver a safe and quality product in a timely manner that fully meets our client’s expectations.”

About Drydocks World

Drydocks World’s Dubai shipyard is one of the most prolific shipyards in operation. The shipyard is the largest facility in the Middle East and is the flagship company of Dubai World subsidiary Drydocks World. A ship repair yard of choice, it is also the preferred location for vessel conversions, new building and offshore construction.

Conceived as an ambitious project under the guidance of H.H. Sheikh Rashid Bin Saeed Al Maktoum, the late Ruler of Dubai, the facility on an average handles 350 vessels in a year, most of them ULCCs (Ultra Large Crude Carriers) and VLCCs (Very Large Crude Carriers). It completed 30 years of operation in 2008. The shipyard has repaired over 7500 vessels so far.

Several of the world’s largest dredgers and jack-up rigs are serviced every year and the yard has specialised LNG handling capabilities. The yard’s workshops are equipped with modern equipment capable of working to exacting standards.

Drydocks World is one of the most prominent names in the maritime industry. Over the past 30 years, Drydocks World has established itself as a leading, and fast growing international player in Offshore and Engineering, Ship Repair and Maintenance, Shipbuilding and Conversion, Rig building and re-furbishment , FPSO/FSO conversion, offshore fabrication, Maritime Clusters and Yacht and Fleet operations with facilities in the Middle East and Southeast Asia through DDW-PaxOcean Asia Pte.Ltd .

Source: www.drydocks.gov.ae

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.