Keppel, J. Ray Win $1B Contract

Sunday, February 07, 2010
Photo courtesy Keppels FELS

FloaTEC Singapore Pte Ltd (FloaTEC Singapore), an equal joint venture between Keppel FELS Ltd (Keppel FELS) and J. Ray McDermott (J. Ray), has signed a contract worth about $1b with the Papa-Terra Joint Venture, consisting of Petrobras and Chevron, to build and operate the P-61 Tension Leg Wellhead Platform (TLWP). This follows shortly after a Letter of Intention for the unit was issued by the Papa-Terra Joint Venture to FloaTEC Singapore in October 2009.

The project scope — comprising design, engineering, construction, maintenance and installation work, as well as a three-year contract to operate the TLWP — will be jointly undertaken by Keppel FELS and J. Ray. Keppel FELS and J. Ray will also enlist the expertise of their US-based joint venture company, FloaTEC LLC, to perform global engineering and basic design work, as well as manage the supply of risers, well systems and tendon components for P-61.

Designated for Brazil’s Papa-Terra field in the Campos Basin, the P-61 TLWP will work alongside the P-63 Floating Production Storage Offloading vessel to handle up to 180,000 barrels of oil per day. P-61 will be built at Keppel’s BrasFELS yard in Angra dos Reis, fulfilling local content requirements, while its critical components such as the tendons, temporary buoyancy modules and piles will be fabricated at J. Ray’s Morgan City facility in La. U.S. Targeted for completion by mid-2013, P-61 will be installed on location in the Papa-Terra field by J. Ray.
 

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

Contracts

Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal

Gazprom, Gasunie Sign Framework Agreement - LNG

At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework

De Nora Acquires Severn Trent's Water Purification Business

De Nora announces the completion of the acquisition of the Water Purification group of Severn Trent Services. The new business line, called De Nora Water Technologies,

Offshore

Shell's Icebreaker Vessel Damaged in Alaska

Royal Dutch Shell Plc's  icebreaker vessel Fennica returned to the Dutch Harbor in Alaska with a small breech in the hull, raising concerns about the company's

Research Vessel Concept a First for Voith

The new fisheries research vessel of the Shanghai Ocean University will be a first for Voith in several respects.   It is the first fisheries research vessel

Ocean Safety’s New Liferaft Facility Opens

Ocean Safety, a specialist in the worldwide supply, distribution, service and hire of marine safety equipment, has opened a new liferaft hire division.   Ocean

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators
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: 0.2164 sec (5 req/sec)