Drydocks World pens Aoka Mizu FPSO deal
- Business & Finance
UAE’s Drydocks World has signed an agreement for two new projects with Bluewater Energy Services and end client Hurricane Energy.
The ship repair and construction company said on Wednesday that the yard would undertake a repair, life extension, and upgrade project on floating production storage and offloading (FPSO) vessel Aoka Mizu.
The vessel will be deployed in the Lancaster Field West of the Shetlands after its completion.
The company will also carry out the fabrication of an over 1,000 tonne turret buoy for the Aoka Mizu FPSO, to help the vessel to moor and weathervane at the field site.
Drydocks World’s COO Mohammad Rizal said: “This is the first time we are working with Bluewater Energy and Hurricane Energy; we look forward to building strong partnerships for future collaboration, demonstrating the progressive approach and integrated solutions our Dubai yard has to offer.”
Hugo Heerema, president and CEO of Bluewater, added: “We have selected Drydocks World on the basis of their good track record, and the depth of understanding of the task ahead of them, in combination with the quality of their facilities, and convincing project organization.
“So far, we have only been confirmed in that choice, and look forward to a smooth continuation of this challenging project, for which timely delivery is of the essence.”
To remind, Offshore Energy Today reported earlier this week that the Aoka Mizu FPSO arrived at the shipyard in Dubai for upgrade work on Saturday, September 30, 2017.
As far as the field is concerned, Hurricane made the Final Investment Decision (FID) on the development of the Lancaster Early Production System (EPS) in mid-September. Production from the field is expected to start in the first half of 2019.
Offshore Energy Today Staff