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
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.