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Sembcorp Marine and Shell sign FPU letter of intent

Sembcorp Marine and Shell sign FPU letter of intent

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Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters has signed a letter of intent (LOI) with Shell for the construction of the hull and topside as well as the integration of the Vito floating production unit (FPU). If the project moves forward, the Vito FPU will be a new facility located in the Mississippi Canyon, approximately 150 miles south of New Orleans, Louisiana, USA, in water depth of 4,050 ft.

Comprising a single topside module supported by a four-column semisubmersible floating hull, the Vito FPU is designed with a throughput capacity of 100,000 barrels per day of oil and 100 MMSCFD of gas.

Final contract award will be dependent upon Shell and its partners sanctioning the project.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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