Samsung Awarded Skarv FPSO Topsides Contract

BP on behalf of the Skarv licensees has awarded a contract for Topside, Fabrication & Installation (TF&I) for the FPSO on the Skarv field following an extensive and competitive tendering process. The contract for the about 16000 tonnes of topsides modules has been awarded to the Offshore Division of Samsung Heavy Industries (SHI), based in Goeje Island, South Korea, and the contract has an estimated value of $350 million.

The contract covers fabrication of six modules each weighing approximately 2,500 tonnes and the flaretower which will be mounted on the FPSO in a yard on completion of the passage from the TFI yard. On completion of fabrication and quayside commissioning activities the modules will be installed on the Skarv FPSO deck, integrated into the complete process and utility systems and commissioned. In addition to the work associated with mounting the flare in an onshore yard the vessel's five thrusters will also be fitted, after undergoing a trial fit and removal for the voyage. The construction of the topsides modules start with first steel cutting in December 2008, and the complete FPSO will leave South Korea end 2010.

Participants in Skarv are BP as operator with 23.8350%; Statoil with 34.1100%; Shell with 28.08255; ExxonMobil with 11.9175% and Hydro with 2.0550%.

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