Weatherford Scores MWCC Design, Construction Contract

Weatherford announced that the Marine Well Containment Company (MWCC) has awarded the company a contract for the design and construction of the topsides process modules for two dynamically positioned tankers to operate in the U.S. Gulf of Mexico, and scheduled for completion in 2012.

Weatherford also has a letter of intent for the long-term storage and maintenance of the equipment, including providing assistance to deploy and operate the process modules if required to respond to a future underwater well control incident in the deepwater Gulf of Mexico.

The modules will provide the two vessels with the capability to safely handle up to 100,000 barrels per day of liquid, along with the associated gas production. These process modules will expand the capabilities of the Marine Well Containment Company interim system.

Gary Belcher, Vice President of Production and Produced Water Systems (PPWS) for Weatherford, said, "Weatherford's PPWS business continues to build on its fast-track engineering, procurement and construction capabilities. Working closely with MWCC, we have established an innovative yet proven design that meets this project's stringent requirements." He continued, "We fully understand the
importance of this project and are committed to the timely execution of this unique industry initiative."

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