McDermott lands EPCI contract for Ayatsil-C from Pemex
- Business & Finance
McDermott International, Inc. has been awarded an offshore contract by Petróleos Mexicanos (PEMEX) for the engineering, procurement, construction, installation (EPCI) and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation.
According to the press release, the value of the large brownfield award will be included in McDermott’s second quarter 2015 backlog.
“This is the fourth contract McDermott has received for the Ayatsil field and follows the successful delivery of the Ayatsil-B drilling platform in 2014 and installation of the Ayatsil-A offshore jacket, deck and piles earlier this year,” said Scott Munro, McDermott’s Vice President for Americas, Europe andAfrica.
“Our integrated EPCI approach allows McDermott to provide PEMEX with a faster delivery schedule and lower-cost solution that will be locally-built and executed to our global industry-recognized quality and safety standards.”
McDermott says it expects to use its in-house engineering and procurement experts, Altamira fabrication yard located in Mexico, Intermac 600 transportation and launch barge and heavy-lift Derrick Barge 50 vessel to complete the installation of all structures. The total weight of the facilities is approximately 14,800 tons. The company says that completion is scheduled for the fourth quarter of 2016.
Located in the Bay of Campeche, the Ayatsil field is the largest discovery for PEMEX to date. Pemex has said it plans to develop Ayatsil field with as many as four platforms and adjacent Tekel heavy oil field with one platform, all tied to a floating production, storage, and offloading (FPSO) vessel. It plans to drill 43 wells in the project. Water depths in the area are approximately 375-405 feet.