Singapore’s Seatrium, formerly known as Sembcorp Marine, has signed a Letter of Intent (LOI) with oil major Shell to carry out construction work on the Sparta project in the US Gulf of Mexico.
Sparta is a deepwater development in the US Gulf of Mexico, some 170 miles off the coast of Louisiana measuring around 4,300 square feet.
The project is 51% owned by Shell while the remaining 49% is owned by Norwegian energy major Equinor. The two are progressing the project towards a final investment decision expected later this year.
The Sparta floating production unit is conceived as a replicable project between Shell and Seatrium to leverage the latter’s topside single-lift integration methodology, following the same being done on the Vito and Whale facilities.
The Sparta FPU comprises a single topside module supported by a four-column semi-submersible floating hull. The final contract award is subject to a final investment decision by Shell and Equinor.
