Within 24 hours of UK Oil and Gas Authority giving the offshore Culzean project the green light, Maersk Oil has awards its first contract worth US$ 1 Billion (GB£ 650 million).
As previously reported, the UK authorities only gave the go-ahead for the project Monday. It is the largest offshore oil and gas project to be given the approval by UK authorities since the East Brae back in 1990 and has will receive an investment of GB£ 3 Billion(US$4.6 bn).
Sembcorp, the Singapore based fabrication yard, has secured the contract for the build of the Culzean Wellhead Platform, Central Processing Facility, Utilities & Living Quarters Platform Topsides and two bridges to connect the three topsides.
Sembcorp have said that the contact also includes engineering, procurement, construction and all pre-commissioning onshore, whilst all offshore commissioning will be done by a subcontractor.
Further Sembcorp have said that the main bulk of the build will undertaken in Singapore, whilst the fabrication of the two bridges, flare stack and power generation modules will take place at its UK yard in Lowestoft, Suffolk.
Sembcorp Marine’s Executive Vice-President and Head of Offshore Platforms, Mr. Ho Nee Sin, 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.”
The Culzean field is located 145 miles east off Aberdeen, in 90 meters of water. The High Pressure High Temperature (HPHT) Culzean, is the biggest discovery in UK waters in over ten years, and will be the biggest offshore development sanctioned since the East Brae in 1990.