Aker Kvaerner Deepwater contract for GOM

Monday, October 24, 2005
Chevron, with partner Kerr-McGee, has awarded Aker Kvaerner, Inc. the semisubmersible hull and mooring system contract for their Blind Faith project in the Gulf of Mexico. The contract has a total value of approximately $120 million. Aker Kvaerner's scope of work includes engineering, procurement, construction and transportation. The award is a recognition of the deepwater competence in Aker Kvaerner. The Blind Faith platform to be located in the Mississippi Canyon 650 block, approximately 162 miles southeast of New Orleans is part of the ultra-deepwater Gulf of Mexico in 6,500 feet water depth. This contract award follows more than one year of concept studies, pre-FEED (front-end engineering design) studies and a FEED study for the Blind Faith project by Aker Kvaerner's Deepwater Business unit. "This contract award represents a breakthrough for Aker Kvaerner's deepwater business," says President and CEO, Inge K. Hansen. This development will utilize Aker Kvaerner's Deep Draft Semisubmersible (DDS) concept which has been conceived specifically for the application of steel catenary risers in the ultra-deepwater and current-heavy Gulf of Mexico environment. The DDS represents an evolution of the strong Aker Kvaerner semisubmersible lineage. "Aker Kvaerner has a track record within the delivery of floating offshore platforms second to none. The new contract is a recognition of our competence within the deepwater segment. We consider the Gulf of Mexico to be the most competitive deepwater market in the world and of strategic importance to Aker Kvaerner," says Hansen. The Blind Faith semisubmersible will be delivered using several Aker Kvaerner entities such as Aker Kvaerner, Inc., Aker Kvaerner Verdal, Aker Kvaerner Engineering & Technology and Aker Marine Contractors. This delivery model allows control over the entire value chain. President of Aker Kvaerner's deepwater business, Risto Neuvo, says "The Blind Faith project utilizes the best Aker Kvaerner combined global experience, resources and competence in Houston and Norway, such as concept development and project management in Houston and detail engineering, procurement and fabrication in Norway. This, along with our proven execution model, ensures a predictable delivery to Chevron." The execution phase of the project will be initiated immediately with Aker Kvaerner to deliver the DDS hull to a Gulf of Mexico integration yard in June 2007.
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Long Beach Picketers Not Striking -Port CEO

Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike.

E-Procurement Streamlined via the Cloud

Marine Procurement Solutions (MPS) has built an electronic platform that aims to enhance the purchasing cycle for the maritime industry. MPS provides software,

IMO Forum Aims to Rebuild Somalia's Maritime Sector

A three-day Stakeholders Forum will be held April 27-29 to review draft guidelines for the establishment of a Somalia Maritime Administration, coordinated and funded

Offshore

BV Upgrades RAM Software

To help offshore operators and contractors get more out of their assets and develop projects more cost-effectively, Bureau Veritas has supercharged its reliability,

Intelligent Fender System Completes Offshore Trial

Strainstall, part of James Fisher and Sons plc, announced the completion of the world’s first Intelligent Fender System (IFS) trial with energy companies SSE and RWE at Suffolk-based wind farm,

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.3883 sec (3 req/sec)