SBM Offshore to Provide Turret for Skarv FPSO

SBM Offshore has received a contract from BP Norge AS for the turnkey supply of an internal turret the Skarv FPSO. The turret will be delivered to Samsung Heavy Industries in Korea for integration into the FPSO hull.

The turret will be the largest in the world in terms of mooring loads. It will be of the well proven SBM bogie-wheel type design similar to that of the BP Schiehallion FPSO and other large units recently installed on Brazilian deepwater fields.

The delivery of the turret mooring system is scheduled for March 2010 at SHI shipyard in Korea.

The total value of this contract is approximately US $250 million.