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SPT Offshore Receives LOI for WHP for Ophir Field, Malaysia

Source: www.gulfoilandgas.com 12/7/2015, Location: Asia

SPT Offshore has received the Letter of Intent (LOI) for the detailed design of the suction pile foundation, design supervision of the jacket and full transportation and installation (T&I) of the Ophir wellhead platform from Muhibbah Engineering (M) Bhd.

Muhibbah is the EPCIC contractor for this project, which is based on SPT Offshore’s solution consisting of an tri-legged jacket with an integrated suction pile foundation.

Mark Riemers, MD of SPT Offshore, stated that he is very pleased with this contract: “This award proves that suction pile foundations for wellhead platforms are a very cost efficient solution and provides the option for re-use at other fields. Despite the downturn in the offshore oil and gas sector, SPT Offshore was able to secure this project. The jacket with integrated suction pile foundation will be installed in one piece offshore, making a safe and swift offshore execution possible. We trust that by securing this project, SPT Offshore will be involved in more marginal field projects with our suction pile solutions.”

Ophir Production is a joint venture company between Octanex Pte Ltd, a wholly owned-subsidiary of Octanex NL, which is a public listed company in Australia, Scomi D&P Sdn Bhd and Vestigo Petroleum Sdn Bhd — a wholly-owned subsidiary of Petronas Carigali Sdn Bhd. Octanex holds a 50% equity interest in Ophir Production, while Scomi holds 30% and Vestigo the remaining 20%.

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Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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