Santos introduced additional progress on the entrance finish engineering and design (FEED) section of the Barossa offshore challenge with the award of three main engineering contracts.
The Barossa growth idea consists of an FPSO, six subsea manufacturing wells to be drilled within the preliminary section, subsea manufacturing system, supporting in-field subsea infrastructure and a fuel pipeline to Darwin, all situated in Australian Commonwealth waters.
Separate engineering contracts for the FPSO have been awarded to MODEC and a consortium between TechnipFMC and Samsung Heavy Industries. A design competitors shall be carried out between the 2 teams.
A 3rd contract, for the subsea infrastructure, together with umbilicals, flowlines, risers and fuel export pipeline, has been awarded to INTECSEA.
Santos Managing Director and CEO Kevin Gallagher mentioned, “An FPSO design competitors between main engineering contractors with expertise within the Australian market will guarantee a sturdy, price aggressive bundle is delivered forward of a closing funding choice.”
“Other FEED works are additionally transferring forward with geotechnical and geophysical surveys of the pipeline route and subsea manifold places at the moment underway within the discipline,” Gallagher mentioned.
Barossa fuel discipline, 300 km north of Darwin, sits inside Santos’ Northern Australia portfolio, one of many firm’s core long-life, pure fuel property. A closing funding choice is focused in the direction of the tip of 2019.
Santos holds a 25% curiosity within the Barossa-Caldita three way partnership together with companions ConocoPhillips (37.5% and operator) and SK E&S (37.5%). Santos can also be a three way partnership companion in Darwin LNG with an 11.5% curiosity.Source: www.worldoil.com
Please go away feedback and suggestions under