Hyundai Heavy Wins $2 Billion Offshore Facilities Order

Press Release
Tuesday, March 26, 2013
3D Model of FPU

Hyundai Heavy Industries (HHI), a shipbuilder and leading offshore facilities contractor received a letter of award for a $1.3 billion (USD) order for a floating production unit (FPU) and a $700 million order for a tension leg platform (TLP) from Total E&P Congo on March 26.
 


Hyundai Heavy will carry out engineering, procurement, supply, construction and commissioning for the two offshore facilities to be deployed in Moho Nord field, 80 km off Republic of the Congo’s coast.
 


The 14,600-ton vertically moored floating TLP will be used to extract oil and natural gas and transport those to the floating production unit. The 62,000-tonne FPU, measuring 250 m in length, 44 m in width, and 18 m in depth, will process the received oil and gas and send the products to onshore plants via subsea pipelines. The FPU has a production capacity of 100,000 barrels of oil and 2.5 million cubic metres of natural gas per day.



The TLP and FPU will be installed at the Moho Nord field in the first half of 2015 and 2016 respectively.

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

Contracts

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,

HHI Orders Regasification Systems from Wärtsilä

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed

Shipbuilding

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

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

NASSCO Invests in Facilities, Equipment and People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including:

Offshore

HHI Orders Regasification Systems from Wärtsilä

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed

Hitachi Gas Supply System Order for MHI

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines.

Obama Defends Arctic Oil Drilling

United States' President Barack Obama defends his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean.   He insisted that there was no contradiction

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Salvage Ship Repair 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: 0.1759 sec (6 req/sec)