Korean shipyards look to cut newbuild costs

AUGUST 10, 2015—South Korean shipyards are market leaders for construction of floating and fixed offshore oil and gas installations. They are world-class competitively, but even greater savings could result from addressing variations

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Samsung, AMEC establish offshore engineering joint venture

NOVEMBER 1, 2012—Korea shipbuilder Samsung Heavy Industries and Samsung Engineering recently announced an agreement with U.K.-based AMEC to establish a joint venture specializing in offshore engineering in Houston (US). The joint venture