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


Seadrill Hopes to See Market Turn in 2017

Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.   Rig rates have more

Eni Arctic Service Rig Extension Okayed

Italian oil company Eni has received permission from Norway's Petroleum Safety Authority to extend the use of a service rig on its troubled Arctic Goliat oil field offshore Norway until Nov.

Oil Spill Statfjord North Sea Field - Statoil

Loading of tankers suspended, unclear when it will resume. Oil spilled into the North Sea during the loading of a tanker at Norway's Statfjord field on Thursday, operator Statoil said.

Maritime Security

Steel Cut on UK Navy’s Newest Warship

Construction has begun on a new warship for the U.K. Royal Navy as the Minister of State for Defense Procurement, Philip Dunne MP cut the first steel in Glasgow today.

U.S. Will Dispatch Warships to South China Sea

The United States is expected to sail warships close to China's artificial islands in the South China Sea within the next two weeks to signal it does not recognize

Indonesia, Australia on Joint Sea Patrol to Combat Illegal Fishing

Indonesian and Australian authorities have signed an agreement to combat illegal, unreported and unregulated (IUU) fishing and to promote sustainable fisheries governance across the region.

Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators 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: 0.1154 sec (9 req/sec)