Growing company seeks to increase productivity and accelerate offshore projects

HUNTSVILLE, Ala., Apr. 27 — (PRNewswire) — PetroVietnam Marine Shipyard Joint Stock Co. (PV Shipyard) has selected Intergraph® SmartMarine® 3D engineering and design software to increase productivity and accelerate the completion of offshore projects.

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To enhance its competitiveness in a bid for an offshore jack-up rig, PV Shipyard needed next-generation technology to assist in the design, construction and production of its current and future complex platforms. PV Shipyard also wanted engineering software from a stable and proven vendor that could ensure quality, accuracy and automated processes in producing the deliverables required for a number of other offshore contracts. After an intensive evaluation, PV Shipyard selected Intergraph for its comprehensive solutions suite, advanced technology, commitment to customers, proven track record and local distributor support from Intergraph's partner in Vietnam, Credent Technology.

SmartMarine 3D is the only next-generation 3D system which provides all the capabilities needed to design and build offshore devices from design to fabrication to operations and maintenance – all in a single, integrated environment. It is a rule-driven, data-centric, solution for streamlining processes while making it more useable over the operation, maintenance and modification life cycle of the device.

"We at PV Shipyard have been exploring the market for a industry-leading partner and solution to assist us in our plans to establish design, procurement, construction and management capabilities for building offshore facilities," said Phan Tu Giang, managing director for PV Shipyard. "Given the strong track record of the solutions and the commitment from the Intergraph and Credent team, we are confident that the solutions will prove to be invaluable to us at PV Shipyard."

Gerhard Sallinger, Intergraph Process, Power and Marine president, said, "PV Shipyard selection of SmartMarine 3D further reinforces Intergraph's leadership in the offshore and marine sector. We have seen a steady adoption of SmartMarine 3D worldwide, as customers see the business gains they can achieve by using the first new technology in 20 years geared specifically for the offshore industry.  Intergraph's solution will not only boost PV Shipyard productivity, but it will enable them to accelerate projects to better serve their customers."  

The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph the No. 1 overall engineering design 3D software and process engineering tools (PET) provider worldwide according to its PET Worldwide Outlook Market Analysis and Forecast through 2013.

About PetroVietnam

PetroVietnam Marine Shipyard Joint Stock Company (PV Shipyard) was established in 2007. The main shareholders are Vietnam National Oil and Gas Group (Petro Vietnam), Vietnam Shipbuilding Industry Corporation (VINASHIN), Vietnam Machinery Erection Corporation (LILAMA), and the Bank for Investment and Development of Vietnam (BIDV) with a goal of implementing the policy of the Government to develop the manufacturing of oil and gas drilling rigs in Vietnam.

With the aim of crating technical solutions with international standards, completing the progress of projects with high quality and the competitive price, PV Shipyard expects the Vietnam mechanical manufacturing field to reach a higher position with the industrialization and modernization of the Party and State in the near future.

About Intergraph

Intergraph is the leading global provider of engineering and geospatial software that enables customers to visualize complex data. Businesses and governments in more than 60 countries rely on Intergraph's industry-specific software to organize vast amounts of data into understandable visual representations and actionable intelligence. Intergraph's software and services empower customers to build and operate more efficient plants and ships, create intelligent maps, and protect critical infrastructure and millions of people around the world.

Intergraph operates through two divisions: Process, Power & Marine (PP&M) and Security, Government & Infrastructure (SG&I).  Intergraph PP&M provides enterprise engineering software for the design, construction and operation of plants, ships and offshore facilities. Intergraph SG&I provides geospatially-powered solutions to the defense and intelligence, public safety and security, government, transportation, photogrammetry, utilities, and communications industries. For more information, visit www.intergraph.com.

Intergraph and the Intergraph logo are registered trademarks of Intergraph Corp. or its subsidiaries in the United States and in other countries. Other brands and product names are trademarks of their respective owners.

SOURCE Intergraph

Contact:

Intergraph PetroVietnam Marine Shipyard Joint Stock Co. PV Shipyard David Joffrion, Manager, Corporate Communications Phone: +1-256-730-2315 Email Contact Web: http://www.intergraph.com