ABS and DSME to Jointly Develop an LNG-Fueled Drillship

On Wednesday, the American Bureau of Shipping (ABS) and Daewoo Shipbuilding & Marine Engineering (DSME) announced that they have entered into a joint development project to develop the first LNG-fueled drillship.  The project will target the Gulf of Mexico market.  Dr. Sung Geun Lee, the CTO and Executive Vice President of DSME, commented: “We are pleased to collaborate on this first-of-its-kind offshore structure leveraging our cutting-edge technologies and coupling these with ABS’ experience validating new floating concepts.”  ABS’s press release can be found here.

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