Singapore-based shipyard Sembcorp Marine Rigs and Floaters (SCM) is to build a floating storage and offloading (FSO) for MODEC Offshore Production Systems (Singapore). No price for the contract was disclosed.
The FSO is scheduled for delivery in the first quarter 2018 and will be deployed at Maersk Oil’s Culzean field, the largest new oil and gas field to have been discovered in the North Sea for a decade. The oilfield was recently approved for development by the UK Oil & Gas Authority.
The unit is the first FSO to be built by SCM on a full turnkey project basis including engineering, procurement, construction and commissioning (EPCC).
MODEC is an EPC contractor that specialises in floating and semi-submersible platforms for gas production systems. The Japanese company will supply the FSO’s internal turret and topside modules, which consist of a vapour recovery unit and metering skid. SCM will integrate these components into the FSO structure.
“This is our 24th project working with MODEC and the first newbuild FSO for SCM Rigs & Floaters. The FSO will be built using our facilities at Tuas Boulevard Yard,” said William Gu Wei Guang, head of Sembcorp Marine Rigs & Floaters, in a statement.