Samsung Wins Mad Dog 2 Fabrication Contract

Samsung Heavy Industries Co. Ltd., was awarded a contract to start engineering work for BP plc’s Mad Dog 2 floating production facility (FPU), the company announced on the Seoul, South Korea stock exchange on Thursday.

The Mad Dog platform will have production capacity of 140,000 barrels per day, BP reported when it announced last month that the Mad Dog 2 project would move forward. Located in the deepwater Gulf of Mexico, the Mad Dog 2 project was approved after the platform’s design was simplified and standardized to reduce project costs by 60 percent to $9 billion.

Samsung also reported it had won an order from ENI Corp. for the Coral floating liquefied natural gas project (LNG) in Mozambique. The company said it was awarded the contracts due to its experience with the engineering and construction of FPUs and the large marine projects such as Prelude LNG.

In November, Mozambique’s National Hydrocarbons Company approved the investment plan for the Coral South offshore gas project, which ENI is leading.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Shell to Sell Gabon Onshore Assets for... (Mar 24)
 -  Industry Pros Gather for Offshore Achi... (Mar 24)
 -  Statoil Makes North Sea Oil, Gas Disco... (Mar 24)
 -  Report: Hiring Managers See Salaries S... (Mar 23)
 -  Repsol Chooses Atlas for Onshore, Offs... (Mar 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Pressure Equipment Integrity Engineer
Expertise: Chemical Engineering|Mechanical Engineering|Process Engineer
Location: Norco, LA
 
Field Technician
Expertise: Electrical Engineering
Location: South Tucson, AZ
 
Transmission, Distribution and Communications Technical Manager
Expertise: Electrical Engineering
Location: Minneapolis, MN
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours