FGH Awarded $56 Million in New Projects



Friede Goldman Halter, Inc. announced six new projects with a combined value of over $56 million.

  • Friede & Goldman, Ltd., (FGL), has been awarded a contract by PPL Shipyard Pte. Ltd., of Singapore, for the design of two high-performance "JU 2000" jackup drilling rigs to be built by PPL for Santa Fe International Corporation. FGL will also supply PPL with its patented "Rack Chock" leg locking system. The contract includes options for the design and rack chocks for up to four additional JU-2000 jackups.
  • FGH Engineered Products has been awarded a contract by PPL Shipyard for the manufacture of the jacking system for the JU 2000 jackup drilling rig to be built by PPL for Santa Fe, with a provisional order for a second system. This jacking system includes 36 of BLM-Offshore's Model C-150 high-capacity jacking units, which will be built at BLM-Offshore's plant in Nantes, France.
  • FGH Engineered Products has been awarded a contract by Hyundai Heavy Industries, of South Korea, for the manufacture of the jacking system for a second ultra-harsh-environment jackup drilling rig to be built by Hyundai for Maersk Contractors, of Denmark. This rig will be suitable for operation in water depths up to 625 feet and will require 54 of BLM-Offshore's highest-capacity Model C-170 jacking units.
  • FGH Engineered Products has received an order from Heerema Marine Contractors of Leiden, the Netherlands, for the development of an AmClyde Mooring Line Deployment Winch for use as installation equipment on Heerema's derrick crane vessels. The winch will be a central component of Heerema's system for deploying approximately 6,000 foot lengths of 7-inch diameter "jacket spiral strand wire rope," interspersed with lengths of chain, for the permanent mooring of floating production vessels in deep water. The very large mooring line size dictates a winch-drum diameter of 34 1/2 feet and a length of 38-feet: it is believed that this will be the largest drum winch in the world.
  • FGH Engineered Products has also received several recent orders for BLM deck winches, for AmClyde pedestal cranes and for after-market conversion projects.
  • Halter Marine, Inc., has signed a contract with Tugs Unlimited, Inc., of Rhode Island, for the construction of an 80,000-barrel, oceangoing, double-hulled tank barge. The barge will be built at Halter's Gulfport shipyard in Gulfport, Mississippi.