STP Technology Chosen for Front Puffin FPSO

Advanced Production and Loading has been awarded a Letter of Intent from Frontline for a submerged production system (STP) for the Front Puffin FPSO. The contract is for a small disconnectable STP Turret Mooring System, including design, fabrication and commissioning.

This contract would represent APL's 10th order for the STP System and the first order for the new business unit, Frontline FPSO. The vessel will be moored at the Puffin Field offshore North Western Australia. There it will operate for the Australian E&P oil company AED Oil Limited. APL's final delivery is expected to take place in Q1 2007.

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