Stolt Offshore Announces $110 Million Contract

Wednesday, December 19, 2001
Stolt Offshore S.A. has secured a contract from Shell Petroleum Development Company (SPDC) in Nigeria for the ForcadosYokri offshore development in the Niger Delta. The $245 million contract has been awarded to a consortium of Stolt Offshore and the Nigerian company Suffolk which is part of the Adamac group. The Stolt Offshore share of the contract is $110 million. The Forcados Yokri project includes the expansion and refurbishment of existing shallow water oil and gas production and process facilities and the fabrication and the installation of a new production platform with a 250 tonne jacket and 1,300 tonne topsides. Stolt Offshore is responsible for all of the engineering, procurement and fabrication work while our partner will be doing most of the installation of some 220 km of flowlines and umbilicals in a maximum water depth of 15 metres. A new pipeline from the Forcados Yokri development will take gas, that is currently being flared, into the Offshore Gas Gathering System that we are installing next year under a separate contract, also in partnership with Adamac. Paragon Litwin, Stolt Offshore’s engineering company in Paris, will carry out 150,000 hours of engineering work for the project, the largest item being the detailed design of the production platform and topsides. The production platform and a number of jacket-mounted clusters, bridges and decks will be fabricated at the Stolt Offshore Globestar yard at Warri requiring some 600,000 man hours of work. Bernard Vossier, Chief Executive Officer said, "This important award adds considerably to our current backlog for Shell in Nigeria, where we already have the Bonga, EA and Offshore Gas Gathering System contracts. This contract also provides valuable fabrication work for our yard at Warri, which this year has completed the Amenam fabrication work for TotalFinaElf with a safety and quality performance equal to the highest international standards."
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Vigor’s Tacoma Yard Delivers Breasting Barges to Foss

Vigor Industrial expands its newbuild capacity in Washington; Tacoma yard delivers three breasting barges   Fabrication teams at Vigor Industrial’s Tacoma, Wash.

Hands Across the Water

U.S. firms leverage Netherlands-based Damen Shipyard’s vessel designs and technical support. For nearly 40 years, Damen Shipyards Group in the Netherlands has

Icebreakers Ordered for Neft’s Novy Port Project

Aker Arctic’s icebreaker design selected for Gazprom Neft’s Novy Port project   Aker Arctic and Vyborg Shipyard have confirmed a contract for the design of two

Shipbuilding

Naming Ceremony of Evergreen's EVER LYRIC

Evergreen Group today held the naming ceremony for EVER LYRIC, the eighth of its L-type vessels built by CSBC Corporation in Taiwan. The ceremony took place

Seaspan Takes Delivery of New Containership

Seaspan Corporation (SSW) has accepted delivery of a 14000 TEU containership, the YM Wellhead.    The new containership, which was constructed at Hyundai Heavy Industries Co.

'Make in India’ - the Newbuzzword in Indian Shipping Sector

The Prime Minister Narendra Modi's  'Make in India’ initiative offers a plethora of opportunities in the maritime sector, particularly in shipbuilding, with the

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1554 sec (6 req/sec)