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›UAE: Drydocks World, AET Sign Contract for Two MCV Conversion Projects
Shipbuilding

December 4, 2011 · about 15 years ago

UAE: Drydocks World, AET Sign Contract for Two MCV Conversion Projects

Drydocks World has signed a Contract with Singapore based AET for two Tanker-to-Modular Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s (MWCC) well containment system. MWCC is a not-for-profit, stand-alone organization with 1

2 minutes read
  • LinkedIn
  • X
  • Email

Drydocks World has signed a Contract with Singapore based AET for two Tanker-to-Modular Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s (MWCC) well containment system.

MWCC is a not-for-profit, stand-alone organization with 10 member companies ExxonMobil, Chevron, ConocoPhillips, Shell, BP, Apache Anadarko, BHP Billiton, Statoil and Hess. The conversion will be implemented at the Drydocks World – Dubai facility.

The conversion shall allow the tankers to continue to operate normally as tanker in the US Gulf of Mexico, with capability to be deployed as MCV within shortest possible time. The first vessel is expected to arrive at the yard in December 2011 and the second vessel in February 2012. Each project will be completed within a period of nine months. Each vessel will handle about 100,000 barrels of liquid and about 200 million standard cubic feet of gas per day. The MCVs are capable of operating at depths of 10,000 feet.

The vessels will be equipped with new state-of-the-art containment system provided by Marine Well Containment Company. Conversion scope includes installation of 4 off power generators, 4 off retractable type azimuth thrusters one tunnel thruster, Dynamic Positioning, Pipe racks on deck and supports for Process Module, Flare tower, turret etc..

“We are extremely happy to sign this prestigious Contract with AET, a well-known global service provider, as part of our well-articulated strategy of building our presence in the oil, gas and energy industries. We already have an established reputation and strong expertise in carrying out sophisticated vessel conversion projects for world-leading companies. Our thrust on expanding our knowledge base and creating a technology-driven state-of-the-art facility has borne fruit and we are able to effectively serve the industry,” said Khamis Juma Buamim, Chairman of Drydocks World .

[mappress]

World Maritime News Staff, December 4, 2011

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. 1Connecting the offshore energy industry through smarter travel
  2. 2Borr Drilling’s rig trio lines up jobs in Africa and Europe
  3. 3Inpex broadens its Southeast Asian horizons with two offshore blocks
  4. 4Dutch LNG terminal capacity rises to 20 billion cubic meters with 4th tank

Daily Offshore Energy News in Your Mailbox

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

Subscribe free