News
SHIPPING & MARINE | Staff Reporter, Singapore
view(s)

Statoil awards Sembmarine $660.67m FPSO contract

The contract will cover the engineering and construction of a hull and living quarters.

Sembcorp Marine's (Sembmarine) subsidiary, Sembcorp Marine Rigs & Floaters Pte Ltd, won a $660.67m (US$490m) contract from Statoil Petroleum AS (Statoil) for one of its floating production, storage and offloading vessels (FPSO).

Sembmarine announced on a press release that the contract focuses on the turnkey engineering, procurement, and construction of a hull and living quarters for the FPSO.

The FPSO will have a hull approximately 55 m wide and 295 m long. It will be deployed at the Johan Castberg field development in the Barents Sea, about 240 km from Hammerfest, Norway.

The vessel will be self-contained for harsh-environment operation, with living quarters accommodating up to 140 personnel.

The contract followed the signing of a letter of intent between the two parties, announced on 10 November 2017.

The project is scheduled for completion in the first quarter of 2020.
 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.