ABS, Daewoo Shipbuilding eye LNG drillship

July 2, 2014
ABS, Houston, and Daewoo Shipbuilding & Marine Engineering (DSME), Seoul, have formed a joint development project targeting the first drillship fueled by LNG.

ABS, Houston, and Daewoo Shipbuilding & Marine Engineering (DSME), Seoul, have formed a joint development project targeting the first drillship fueled by LNG.

The project will address problems of storing and managing LNG safely.

“We are targeting the Gulf of Mexico as a key market for an LNG-fueled drillship, where, given the abundance of affordable shale gas resources in the US, LNG as a marine fuel makes good economic sense,” said ABS Vice-Pres. Hoseong Lee.

DSME has performed a concept design, comparison of two types of LNG storage tanks, and analysis of fuel-gas supply system for installation on a drillship.

ABS will perform concept-design review, basic engineering review, and risk assessment of the tank space and access area, fuel-gas supply system, machinery space, and access area and associated configurations.