Thursday, June 15, 2006

Large FPSO mooring and riser installation contract

Bergesen Worldwide Offshore has awarded a contract for the installation of mooring and riser systems for the first Floating Production, Storage and Offloading (FPSO) in the Gulf of Mexico
Bergesen Worldwide offshore has awarded Aker Marine Contractors, in partnership with Sonsub, a contract for installation of mooring and riser system for the first Floating Production, Storage and Offloading (FPSO) in the Gulf of Mexico. The work comprises installation of the turret buoy, mooring system and risers for the former Ultra Large Crude Carrier BW Enterprise at the Ku-Maloob-Zaap field in Mexico, which is operated by Bergesen Worldwide Offshore. The FPSO will be the largest ever converted, with storage capacity of 2,2 million barrels and a throughput of 600.000 bbls/day.

Bergesen Worldwide Offshore is carrying out the conversion and will operate the FPSO on a 15 year contract with Pemex.

The marine installation is planned to commence in the 1st quarter of 2007, using either the Normand Cutter or the BOA Sub C as main installation vessel.

In addition, a diving vessel will be used for tie-in of the flexible risers.

The project will commence immediately.

Torgeir Ramstad, President of Aker Marine Contractors said, 'We have pursued this key target for a while as we believe this challenging project is a good fit with our joint capabilities with Sonsub.

The focus will now be on delivering this fast track project on time and without incident in close dialogue with our customer.'