Sigma Offshore Wins Indian Ocean Contract
UK marine engineering firm Sigma Offshore reported Thursday that it has secured a contract for a key project that forms part of a multi-billion pound oilfield development in the India Ocean.
The Aberdeen-based company will supply Bumi Armada with engineering support for a $62-million turret mooring system for a floating, production, storage and offloading (FPSO) vessel at the Cluster-7 field in India. The FPSO will be operated by SP Armada, a joint venture between Bumi and Shapoorji Pallonji and Company.
The FPSO is due to be delivered in November 2014.
Sigma CEO Alistair Dornan commented in a company statement:
"This is a significant contract for Sigma Offshore. We've developed an excellent relationship with the Bumi Armada team and we’re looking to build on this with a view to tendering for future opportunities in the region and further afield. With our client based in Malaysia for a field development offshore India – and using engineering support from the UK – it truly shows the international nature of the modern-day upstream sector."
The Cluster-7 field, which is operated by India's Oil and Natural Gas Corporation (ONGC), located approximately 130 miles off the west coast of Mumbai, India.
WHAT DO YOU THINK?
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.
Operates 45 Offshore Rigs
Manages 8 Offshore Rigs
- ONGC Is Said to Plan $4.8 Billion Indian Oil, GAIL Stake Sale (Feb 07)
- India's ONGC Raises $2.38B From Banks To Buy Refinery Stake (Jan 23)
- Venezuela's PDVSA To Tap Oil Customers To Pay $449MM To ONGC (Nov 15)