The demands of exploring in ever deeper and harsh environments and cost effectively producing hydrocarbon from challenging and remote fields are shaping the fabrication market. John Mueller reports.
Drilling rig orders are demonstrating a tilt toward ultra-deepwater capable semisubmersibles and drillships and away from jackups, with floating production and storage vessel needs helping buoy activity, especially for Singapore yards.
Drillship design is advancing with Samsung Heavy Industries (SHI) unveiling a new ultradeepwater drillship design, the Green Future 12,000, featuring optimized hull form for transit performance, a cantilever lift, in-hold riser storage and retractable canister thrusters. SHI is looking to extend the design to 15,000ft water depth capability.
In the marine heavylift transportation sector, Dockwise is having a record breaking vessel built, designed to carry cargo weighing nearly half again the current 75,000t limit.
The rise in the market for gas is again evident in recent orders placed for a number of LNG carriers. Meanwhile, marine services and shipyards keep on improving and consolidating.
In the Middle East, Goltens has broken ground for a new facility in Dubai Maritime City, an extensive and growing maritime centre in Dubai, UAE. Goltens Dubai will double its presence with a footprint of 10,000m2 and an office block of 2000m2. The workshop is a fully equipped state-of-the-art design similar to other Goltens workshops built over the last four years in China, Vietnam and India.
In Russia, Saipem and United Shipbuilding have established a 50:50 JV for the development of oil and gas projects in Russia and other countries that involve project management, engineering, procurement and construction.
Ensco has ordered an ultra-premium harsh environment jackup drilling rig, to be constructed by Keppel Fels in Singapore at a cost of $245 million inclusive of commissioning, systems integration testing and project management. The rig, scheduled for delivery in 3Q 2014 and of the same design as two jackups Ensco ordered from KFels earlier this year and slated for completion in 2013, will be able to operate in 400ft water depths and drill to 40,000ft in North Sea conditions.
Jindal Drilling & Industries of India has placed an order with Lamprell for a newbuild LeTourneau Super 116E Class jackup drilling rig, able to operate in 350ft water depths and drill to 30,000ft, to be constructed in Sharjah, UAE.
Safin Gulf FZCO is to have KFels refurbish and upgrade a KFels B Class jackup drilling rig to be ready in 3Q 2012. The high specification rig will have offline stand building features, a 15,000psi BOP system, 70ft cantilever and 4000bbl mud pit storage capacity as well as accommodation for 150 personnel.
Seadrill has named two ultra-deepwater 10,000ft water depth rated newbuild semisubmersible drilling rigs – West Capricorn and West Leo – a first for Jurong Shipyard in Singapore. West Capricorn is the fourth Friede & Goldman ExD Millennium Class sixth generation semi to be built by Jurong Shipyard for Seadrill, and the eleventh for the yard, capable of drilling to 37,500ft. Scheduled for delivery by year end, the rig will be deployed to the Gulf of Mexico under a five year contract. West Leo is the second Moss Maritime CS50 MK II harsh environment rig to be built from a six column bare-deck hull by Jurong. The semi, able to drill to 35,000ft, is set for delivery 1Q 2012 and is set for a one year stint for Tullow Oil in Ghana.
PetroVietnam Drilling & Well Services has had its newbuild semisubmersible drilling tender named PV Drilling V, a KFels SSDT 3600E design under construction in Singapore. The semi tender, a first for Vietnam, can operate in 5000ft water depths alongside spars and tension leg platforms in currents of up to six knots. The rig will be deployed on a multi-year charter to Bien Dong Petroleum.
Songa Offshore has contracted Daewoo Shipbuilding & Marine Engineering (DSME) in Korea to construct two newbuild Cat D North Sea compliant semisubmersible drilling rigs at a combined cost of $1.1 billion, to be deliveried 2H 2014 for service with Statoil.
COSL Drilling Europe has taken delivery of the deepwater semisubmersible drilling rig COSLInnovator, delivered by CIMC Yantai Raffles at its yard in Shandong province, China. The semi is scheduled for service with Statoil in the North Sea.
Rowan has exercised an option to have Korea's Hyundai Heavy Industries (HHI) build a third GustoMSC P10000 design ultra-deepwater drillship for $600 million, excluding another $50 million for additional owner furnished equipment, training and ramp-up costs, delivery scheduled for 4Q 2014. The agreement with HHI includes an option for a fourth drillship of the same specification, completion 1H 2015.
Alpha Eagle has entered into a turnkey construction contract with DSME to construct the ultra-deepwater drillship Atwood Achiever at DSME's yard in South Korea, delivery mid-2014 at a total cost of $600 million. The DP3 dual derrick drillship will be capable of operating in water depths up to 12,000ft and drill to 40,000ft, equipped with a seven-ram BOP.
Atwood has also secured modifications to one remaining priced option to construct an additional ultra-deepwater drillship.
Odebrecht Oil & Gas, based in Brazil, has had two drillship hulls named ODN I and ODN II, the rigs under construction by DSME in Korea.
Mobil Cepu has contracted Sembawang Shipyard, in consortium with PT Scorpa Pranedya, to convert a VLCC into a FSO vessel at a cost of $300 million, the work to take just over two years. Sembawang Shipyard in Singapore will be responsible for the engineering, procurement, construction, commissioning and hook-up work, with the unit to be deployed for the Banyu Urip project in the Java Sea, Indonesia.
Jurong Shipyard has secured a $100 million order to convert the VLCC tanker Tar II into an FPSO vessel for Modec in Singapore. The project involves installation of an external turret mooring system and process facilities, including gas turbine generators, oil separation, gas injection/gas lift and water injection system, delivery in 2Q 2013. The FPSO, which will have a production capacity of 100,000b/d and storage for 1.6 million barrels, will be delivered to OSX Leasing for deployment offshore Brazil.
Keppel Shipyard in Singapore has secured three conversion contracts worth a total of $110 million. MISC of Malaysia is to have the LNG carrier Tenaga Empat converted to a 130,000m3 capacity FSU for operations at Malaysia's newly developed Melaka LNG import terminal. Vessel completion is set for 2Q 2012. Dixstone Holdings is to have the FSO Massongo modified and upgraded, to include refurbishment and life extension, installation of a 14-point spread mooring system and accommodation. The 2 million barrel oil storage capacity vessel, when completed in 3Q 2012, will replace both FSO Kingsway and FSO Moudi at Cameroon's Moudi field. Bumi Armada of Malaysia will have the tanker Umbe converted into an FPSO. Slated for completion in 4Q 2012, the vessel will have a production capacity of 50,000b/d and storage capacity of 580,000 barrels and operate for ONGC on India's D-1 field.
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