ABS brings industry leaders together in standardisation project

12 May 2016

Classification society, ABS, convened industry partners at the Offshore Technology Conference on May 4 to sign a memorandum of understanding (MOU) establishing a unified joint industry project (JIP) for standardisation.

The goal of the JIP, which includes participants from Korean shipyards, operators, drilling contractors, engineering companies and classification societies, is to develop offshore design standards that will help to improve safety and increase efficiency for offshore projects.

ABS chief operating officer, Tony Nassif, praised participants for their willingness to join this milestone JIP. “The MOU we are signing today is a confirmation that we are in agreement that standardization has the potential to bring significant value to the industry and that we want to be part of the solution” he said.

“I congratulate you on your foresight and am excited about the prospect of working with you to map the way forward for standardization in the offshore industry,” he added.

Kil-Seon Choi, chairman and chief executive of Hyundai Heavy Industries (HHI), is enthusiastic about the potential impact of this JIP. “This effort will be indispensable in serving the oil and gas industry. Not only will it address cost and time savings, it will help to secure quality, reliability and safety,” he said.

“This is a humble start today and will result in significant innovation in the future,” he added.

ABS initiated its first standardisation JIP in 2015 with the three leading Korean shipyards – HHI, Daewoo Shipbuilding and Marine Engineering and Samsung Heavy Industries – and oil and gas and engineering companies to establish new global design standardisation procedures based on relevant industry standards, international regulations and class requirements across the offshore industry.

The unified offshore standardisation JIP, which includes these participants among a much broader group, marks the beginning of the second phase of this project. It is aimed at developing criteria to help shipbuilders and designers improve design and construction efficiencies.

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