Sembmarine in $1 billion Culzean scoop
- Business & Finance
Singapore’s Sembcorp Marine has won a $1 billion contract from Maersk Oil to build offshore facilities for the Monday-approved Culzean field in the UK North Sea.
Under the agreement SMOE Pte Ltd, a Sembcorp Marine subsidiary, will build the Central Processing Facility plus 2 connecting bridges, Wellhead Platform and Utilities & Living Quarters Platform Topsides for the Culzean Field Development.
The facility will be installed at a water depth of some 90 meters in UK sector of the Central North Sea.
SMOE will provide engineering, procurement, construction and onshore pre-commissioning services while detailed engineering work will be performed by a subcontracting partner. The facility will be located in the Culzean field situated 145 miles East of Aberdeen. The project is a high pressure, high temperature (HP/HT) gas condensate development.
The Sembcorp Marine Admiralty Yard in Singapore will be the core fabrication yard for the project, while the Sembmarine SLP yard in Lowestoft, UK will undertake the work scope for a power generation module, two bridges and a flare.
Culzean gas field is expected to be capable of providing around 5% of the UK’s total gas consumption by 2020/21.
Ho Nee Sin, Sembcorp Marine’s Executive Vice-President and Head of Offshore Platforms said: “We are pleased to secure this mega contract despite stiff competition from world class yards. This is another prestigious North Sea project undertaken by the company where we will work closely with our UK subsidiary Sembmarine SLP as a team.”