Petrovietnam Marine Shipyard Company Standardizes on Intergraph®SmartMarine® 3D

HUNTSVILLE, Ala., June 8, 2011 /PRNewswire/ -- Petrovietnam Marine Shipyard Joint Stock Company (PV Shipyard) has standardized on Intergraph®SmartMarine® 3D as its preferred 3D offshore engineering and design solution. PV Shipyard has also expanded its portfolio of Intergraph solutions and has selected other SmartMarine Enterprise solutions to support its projects.

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Vietnam-based PV Shipyard was impressed with SmartMarine 3D's rule-based, next-generation technology and selected the Intergraph solution to design and build its first jack-up rig. The implementation of SmartMarine 3D for the jack-up rig project was highly successful, producing automated deliverables such as drawings and reports, which led to increased accuracy of design and productivity, as well as acceleration of PV Shipyard's subsequent offshore projects. The company was also pleased with the excellent support and services provided by Intergraph, with local distributor support from Intergraph's partner in Vietnam, Credent Technology.

Today, SmartMarine 3D is the 3D engineering and design solution of choice for PV Shipyard and used for its offshore projects. The company has also expanded its use of Intergraph technology and has selected the SmartMarine Enterprise suite of solutions (including SmartPlant® Foundation, SmartPlant Instrumentation, SmartPlant P&ID, SmartPlant Electrical, SmartPlant Reference Data, and SmartPlant Review) because of its proven track record in the industry. Intergraph is the only software provider offering an integrated, comprehensive suite of solutions, enabling PV Shipyard to meet its productivity requirements and achieve its business goal of taking on additional offshore projects. SmartMarine 3D and the SmartMarine Enterprise solutions will be used by engineers and designers of the PV Shipyard Engineering team in an integrated environment for the design, construction, production and planning of offshore facilities.

Intergraph's SmartMarine Enterprise suite is the world's most advanced, integrated offshore and shipbuilding solution, driving improvements in design efficiency, production schedule, handover and overall life-cycle cost control for enhanced global competitiveness. Intergraph is a world leader in marine structure design and data management, with SmartMarine Enterprise endorsed and used by the world's leading offshore and marine companies, including the top offshore owner operator, the top fabrication yard and the top classification society in the world.

"We are extremely satisfied by the success of SmartMarine 3D for our first jack-up rig design and production project, and we have now selected the integrated suite of SmartMarine Enterprise solutions to maximize the benefit of SmartMarine 3D," said Phan Tu Giang, managing director of PV Shipyard. "With commitment and dedicated support from Intergraph and local partner Credent, we believe that SmartMarine Enterprise will enable us to gain more business benefits in a highly competitive environment, and the Intergraph solutions will prove to be invaluable to us at PV Shipyard."

Gerhard Sallinger, Intergraph Process, Power & Marine president, said, "PV Shipyard is the latest customer to standardize on SmartMarine 3D, and its selection of SmartMarine Enterprise is another example of how industry leaders more than ever recognize that our solutions enable them to become more productive and competitive. This reinforces Intergraph's growing market share in the global offshore and marine industry, and our solutions will continue to deliver enhanced safety, quality and productivity for all projects large or small."

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 PV Shipyard

Petrovietnam Marine Shipyard Joint Stock Company (PV Shipyard) was established in 2007 with a goal of implementing the policy of the Vietnamese government to develop the manufacturing of oil and gas drilling rigs in Vietnam. PV Shipyard specializes in the construction, conversion, and repair of diversified types of mobile drilling units and marine facilities, including a wide range of complex offshore structures. With the aim of creating technical solutions with international standards, and completing projects of high quality at a 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. For more information, visit www.pvshipyard.com.vn.

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 to make processes and infrastructure better, safer and smarter. The company'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, operation and data management of plants, ships and offshore facilities. Intergraph SG&I provides geospatially powered solutions to the public safety and security, defense and intelligence, government, transportation, photogrammetry, and utilities and communications industries. Intergraph Government Solutions (IGS) is an independent subsidiary for SG&I's U.S. federal and classified business.

Intergraph is a wholly owned subsidiary of Hexagon AB, (Nordic exchange: HEXA B) and (Swiss exchange: HEXN). For more information, visit www.intergraph.com and www.hexagon.se.

© 2011 Intergraph Corp. All rights reserved. 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

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