D&H Solutions AS is a Joint Venture between Hemla and Daewoo Ship building and Marine Engineering (DSME). It exploits stranded gas resources through the Hemla Model. DSME, being one of the most renowned shipbuilding and offshore solution providers in the world, is a key partner to secure access to the most modern and efficient production facilities for this purpose.
Part owner of DSME, the Korean Development Bank (KDB), is advising D&H Solutions to secure structured financing (debt and equity) for the projects.
D&H shares a common Chairman with AGR - a leading Global solutions provider to the Oil and Gas Industry
D&H shareholders will own 18.9% of JBR after earn-in milestones on a fully-diluted basis, pre-financing