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 Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Green Signal to New Access Channel to Port Said East

The construction of a wide access channel to Port Said East, as the side channel project, has officially received approval.   The head of the Suez Canal Authority (SCA),

VT Halter Launches Barge for Bouchard

VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems) and Bouchard Transportation Co. announced that Barge B. No.

Fugro to Survey off Equatorial Guinea

Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) Limited for the provision of survey services for the development of large scale assets and


Wärtsilä Strengthens Its Position in China with New Propulsion Orders

Two new marine geological research vessels under construction in China will feature a broad scope of Wärtsilä engines and propulsion equipment. Wärtsilä has maintained

AMC’s Tempest in the Water

Aluminium Marine Consultants (AMC) lowered the new Crew Transfer Vessel Tempest into the water for the first time on November 16, 2015, on time and on schedule for handover mid December.

Damen’s Norway Foray

The Damen Shipyard Group’s man in Norway likes picking up the phone these days. With offshore markets in the doldrums, a unique phenomenon is occurring: “Norwegians are talking to me,

Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Winch
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: 0.0891 sec (11 req/sec)