Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Shipbuilding›Switzerland: ABB Secures Order from Samsung Heavy Industries
Shipbuilding

June 28, 2012 · about 14 years ago

Switzerland: ABB Secures Order from Samsung Heavy Industries

ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyar

2 minutes read
  • LinkedIn
  • X
  • Email

ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, process and transport oil and gas.

Samsung Heavy Industries, a branch of the giant South-Korean holding, focuses its shipyard business on a wide range of large vessel types, including LNG carriers, drill ships and semi-submersible drilling rigs.

Samsung is building five drill ships (three for Seadrill Ltd. in Norway, one for Pacific Drilling S.A in Brazil and one for Ensco Plc in the UK) and two LNG carrier vessels for Golar LNG Ltd in the UK. The vessels will be used for oil and gas exploration and the transportation of liquefied natural gas. ABB’s delivery will help the ships maximize their energy efficiency, as well as provide a reliable power supply to improve the use of onboard equipment.

“ This project underscores ABB’s excellent reputation for delivering comprehensive, reliable solutions that help our marine customers operate at the highest levels of efficiency ,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division . “ Our vast oil and gas industry expertise and resources help us to address the unique process requirements and operational challenges of offshore and at sea operations .”

ABB will deliver the complete electrical system for the seven vessels, including power generation and distribution equipment and systems, variable frequency drives and motors to power main propulsion systems and thrusters, as well as drives to power the topside drilling equipment.

The project will be commissioned between 2014 and 2015.

Further development of technologies to facilitate oil and gas exploration, extraction and transport from deep sea and other new sources represents a key global megatrend that is an important focus area for ABB’s long term growth. This project leverages the company’s deep understanding of this industry, and its marine application expertise.

ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people

[mappress]

Source: ABB, June 28, 2012;

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

ShipbuildingBusiness & Finance

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1$50 billion South Korean investment pushes stalled Alaska LNG project closer to construction
  2. 2TGS on 3D imaging mission to unlock new insights into Malaysia's offshore discovery
  3. 3Petrobras strikes another oil-bearing zone in Equatorial Margin frontier
  4. 4MidOcean gets hold of $4 billion in major capital raise to fuel global LNG push

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free