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

Contracts

ME Production Receives Two Scrubber Orders

ME Production subsidiary Marine Exhaust Technology has been awarded a new contract for the DFDS vessel Finlandia sailing on the route Rosyth-Zeebrugge. The scrubber contract includes design,

Asia-N.Europe Box Rates Jump 26 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped by 26 percent to $591 per 20-foot container (TEU) in the week ended on Friday,

CMA CGM-led Consortium Win Box Terminal Bid

The consortium formed by CMA CGM, Bolloré and CHEC won the bid process initiated by the Cameroonian government Following the bidding procedure initiated by the Cameroonian government,

Shipbuilding

TOTE’s 2nd LNG Containership Launched

Shipping company TOTE and shipbuilder NASSCO on Saturday launched Perla del Caribe, the second of two Marlin Class ships – the first containerships in the world to be powered by natural gas.

ME Production Receives Two Scrubber Orders

ME Production subsidiary Marine Exhaust Technology has been awarded a new contract for the DFDS vessel Finlandia sailing on the route Rosyth-Zeebrugge. The scrubber contract includes design,

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators 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: 0.1930 sec (5 req/sec)