New Orders for SBM Offshore

Tuesday, May 02, 2006
SBM Offshore announced that they have recently received a number of Letters of Intent and Contract Awards as follows: FPSO for Chevron, Frade, Brazil A Letter of Intent was signed on April 26, 2006 by Chevron Frade LLC, a subsidiary of Chevron, and Single Buoy Moorings Inc under which the parties undertake to execute a lump sum Engineering, Procurement, Construction and Installation (EPCI) contract covering the provision of an FPSO based on the conversion of the VLCC 'Lu San' from SBM inventory. In addition to the EPCI contract the parties intend to enter into an Operations Contract for a minimum period of three years. The FPSO, moored by an internal turret accommodating 33 risers, will be fitted with topsides for the production of 100,000 barrels of oil, treatment and compression of 106 million standard cubic feet of gas and treatment and injection of 150,000 barrels of water per day. Installation in 1,080 meters of water depth at the Frade field offshore Brazil is scheduled for the second quarter of 2008.

Tanker Loading Terminals for Petrobras, Pra, Brazil An order was received from Petrobras for the turnkey supply of two very large and complex CALM terminals for installation at PRA in the Campos basin. These systems will handle the loading into export tankers of the oil produced from several fields in the Campos basin, flowing to the buoys via a gathering and booster platform and a large FSO. The buoys will be fabricated locally in Brazil and are due to be installed in the third quarter of 2007. Tanker Loading and Discharge Terminals for India Contracts have been signed for the supply of one crude oil import terminal and two refined products export terminals of the Catenary Anchor Leg Mooring (CALM) type for a location in India. Delivery is scheduled for the first quarter of 2007.

Basic Design Packages and Supply of Proprietary Hardware Components for Jack-Up Drilling Rigs, Labroy Offshore A contract was signed with Labroy Offshore covering the basic design and the supply of proprietary hardware components, including the skidding, fixation and jacking systems, for two jack-up drilling rigs to be built at Batam, Indonesia. The rigs will be delivered in 2007 and 2008 respectively. The aggregate portfolio value of the above projects amounts to approximately 750 million US Dollars. UPDATE EXXONMOBIL FPSO LEASE AWARD As previously announced in January 2006 an agreement was signed with an ExxonMobil affiliate, Esso Exploration Angola (Block 15) Limited, as Operator of Angola's Block 15, under which the Company commenced project development activities for two FPSOs for the Kizomba 'C' development offshore Angola. The Company is pleased to advise that the formal contracts between the parties, covering the lease and operation of both the Mondo and Saxi-Batuque FPSOs, have been signed in March and April 2006 respectively.

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

Shipbuilding

Shipping Industry Faces Shake Up

As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate

ThyssenKrupp Says Submarines Part of Growth Story

Germany's Thyssenkrupp sees its submarine business as making an important contribution to its growth targets, the head of its Industrial Solutions business area said on Tuesday.

Gas Turbine Alternator Installed into Aircraft Carrier

The Aircraft Carrier Alliance has completed the installation of the first MT30 Gas Turbine Alternator (GTA) package into the Royal Navy’s latest aircraft carrier HMS Prince of Wales,

Offshore

Gulf of Mexico Oil Production on the Rise

Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016.

Ferguson Appoints Partner OPS-OES

Ferguson Group Singapore, a specialist in the provision of DNV 2.7-1 / EN12079 offshore containers, reefers, tanks, waste skips, baskets, accommodation and engineering

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1851 sec (5 req/sec)