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

Contracts

Lagos Port Drags on Africa's Top Economy

Ruling party reforms improved Apapa port; shippers still face delays and corruption. The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports,

Golden Ocean Reshuffles Fleet, Delays Newbuilds

Golden Ocean Group Limited has entered into several agreements concerning its fleet. Golden Ocean has agreed with Ship Finance International Ltd ("Ship Finance")

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

Offshore

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

JSMEA Offers Access to Japan’s Offshore Suppliers

New website and brochure provide a comprehensive list of Japanese suppliers to the offshore industry The Japan Ship Machinery and Equipment Association (JSMEA)

MPHRP at Anglo Eastern Maritime Academy

Chirag Bahri, MPHRP Regional Director for South Asia was invited by Anglo Eastern Maritime Academy in Karjat, India, to interact with the cadets undergoing pre

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1595 sec (6 req/sec)