Stolt Offshore Awarded Dalia FPSO Topsides Contract

Wednesday, May 07, 2003
Stolt Offshore has been awarded, by TotalFinaElf E&P Angola, a contract, as part of a Joint Venture with Technip-Coflexip and Saipem-SA, for the FPSO topsides on the Dalia field development in Block 17 offshore Angola. The contract, valued in excess of $550 million, is for the topsides modules and their integration to the hull and will be carried out in consortium with Samsung Heavy Industries and the Daewoo Shipbuilding and Marine Engineering Company in South Korea. The Joint Venture will take responsibility for project management, engineering, procurement, onshore commissioning and offshore hook-up of the FPSO, which represents a value of around $430 million of which the Stolt Offshore share is 27.5%. In addition the Consortium will be responsible for various items of equipment which are to be assigned by TotalFinaElf, including the management of the contract awarded to Samsung Heavy Industries to build the FPSO hull in South Korea. Tom Ehret, Chief Executive Officer of Stolt Offshore, said, "This award continues to strengthen our well established market position in Angola and follows on from the successful Girassol project, also operated by TotalFinaElf on which Stolt Offshore was the leader of a similar consortium." The Dalia field FPSO will have a design capacity of 240,000 barrels per day of crude oil and two million barrels of storage capacity. It will have a total liquids handling capacity of 405,000 barrels per day and a gas compression capacity for up to 8 million standard cubic metres of gas per day.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Norsafe Secures Contract with VARD Group

Norsafe informs it has signed a new contract with VARD Group, and will supply lifeboats complete with davit systems to a series of 15 new vessels.    Topaz Energy

India’s Potential in Offshore Wind Power

The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India.

Lloyd's Register Extends Drilling Rig Integrity Support

Exploration begins by BHP Billiton using the Deepwater Invictus rig and supported by Lloyd’s Register’s rig integrity team. Lloyd’s Register (LR) announced it

Maritime Security

US Provides $100 Mln in Port Security Grants

Homeland Security Secretary Jeh Johnson announced final allocations of $275 million for six fiscal year 2016 U.S. Department of Homeland Security (DHS) competitive preparedness grant programs,

MAST, AMSA Partner for Risk Management Services

Maritime security company Maritime Asset Security Training (MAST) has announced their partnership with Astbury Marine Services & Associates (AMSA), a specialist

Beijing Slams South China Sea Court Proceedings

Permanent Court of Arbitration ruling set for July 12. An international court said it would deliver a hotly anticipated ruling in the Philippines' case against

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Port Authority Salvage Ship Electronics 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: 0.0730 sec (14 req/sec)