The Netherlands: HFG Wins EPCI Contract for Alba Compression Project

Heerema Fabrication Group (HFG) in the Netherlands has been awarded the EPCI (Engineering, Procurement, Construction and Installation) contract for the 6,000 ton Alba PSC B3 compression platform for client Marathon E.G. Production Limited.

Heerema Fabrication Group as the main contractor will manage the overall project from Houston in the United States and subcontract the EPCI scope, including offshore hook-up and commissioning of the platform in Equatorial Guinea, to third parties.

The Alba PSC B3 compression platform will consist of a topsides with a weight of 4,500 tons, a length of 40 meters, a width of 40 meters and a height of 35 meters. The 4-legged jacket will have a weight of 1,500 tons, a length of 33 meters, a width of 33 meters and a height of 81 meters.

Wim Matthijssen, Chief Operating Officer of Heerema Fabrication Group, said:

“A challenging project for Heerema Fabrication Group and an opportunity to fully deploy our project management capabilities, which are fundamental for a project’s success. An experienced project management team will coordinate the overall project scope from design to commissioning and manage subcontractors and equipment deliveries in order to successfully deliver a high quality product safely and on time.”

According to Remco van Gilst, Senior Vice President Commercial of HFG:

“Our vast experience gained with turnkey EPCI projects in the harsh North Sea environment, will enable us to utilize our experience, capabilities and knowledge to achieve a successful execution of the Alba B3 project with subsequent offshore hook-up and commissioning in Equatorial Guinea.”

Cathy Krajicek, MEGPL Director, adds:

“The new B3 compression facility provides the next step in the long‐term optimization of hydrocarbon recovery from the Alba Field.”

HFG together with Iv-Oil&Gas in Papendrecht, the Netherlands, will jointly execute the EPC scope from Iv’s subsidiary offices Iv-AGA in Houston. Sister division Heerema Marine Contractors in Leiden, the Netherlands, has been subcontracted for the transportation and installation of the platform in the Alba Field offshore Equatorial Guinea. The fabrication scope, including local content fabrication of the flare boom and bridge in Equatorial Guinea, will be tendered during 2013 aiming at offshore installation late 2015 with start-up planned for mid-2016.

[mappress]

Press Release, April 9, 2013