Seatrium Limited has been awarded a contract by Shell Offshore Inc. (Shell) to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible Floating Production Unit (FPU). The contract includes the installation of Shell-furnished equipment and follows the Letter of Intent sealed by both parties on 28 August 2023. The Sparta FPU will be situated in the Garden Banks area of the US Gulf of Mexico, approximately 275 kilometres (171 miles) off the coast of Louisiana.
It will feature a single topside bolstered by a four-column, semi-submersible floating hull and is designed to produce 90,000 barrels of oil equivalent per day (boe/d). The Sparta FPU is conceived as a replicable project between Shell and Seatrium to leverage the Group's topsides single lift integration methodology, following the Vito and Whale newbuilds, and benefitting from operational synergies. With an extensive experience in complex offshore projects, Seatrium is well-positioned and equipped with cutting-edge technology to deliver high-quality engineering, procurement, installation and commissioning (EPIC) services for fixed and floating production platforms and subsea developments.
Seatrium Limited is a Singapore-based company, which is engaged in the provision of management services and investment holding. The business activities of the Company and its subsidiaries include the provision of engineering solutions to the global offshore, marine, and energy industries. The Company has two reportable segments, namely Rigs & floaters, repairs & upgrades, offshore platforms and specialised shipbuilding segment and Ship chartering segment. Its key business sectors include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies. It operates shipyards, engineering & technology centers and facilities in various countries such as Singapore, Brazil, China, India, Indonesia, and other countries. Its subsidiaries include Gravifloat AS, Jurong Shipyard Pte Ltd, PPL Shipyard Pte Ltd, Jurong Shipbuilders Private Limited, Seatrium (SG) Pte. Ltd., Seatrium Financial Services Pte. Ltd., SML Shipyard Pte Ltd, among others.
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