Samsung lets field development ship contract to Saipem

Uchenna Izundu
International Editor

LONDON, June 24 -- Samsung Heavy Industries Co., South Korea, awarded a turnkey contract to Saipem SA to develop the Saipem FDS 2 field development ship for deepwater fields. The vessel, which is expected to be ready by 2010, will cost €380 million to construct, including a vertical J-lay tower. It will be built at the Koje shipyard.

Saipem FDS 2 will be equipped with a DP3 dynamic-positioning system, will have a maximum transit speed of 13 knots, and will accommodate 325 people.

The vessel will be 183 m long and 32 m in moulded breadth, with a moulded depth of 14.5 m. The vertical J-lay tower will have a maximum capacity of 2,000 tons and will be designed to J-lay marine pipelines of up to 36-in. diameter in water to 3,000 m deep. The vessel will also have the ability to lay pipelines of the same diameter using the S-lay configuration.

Contact Uchenna Izundu at uchennai@pennwell.com.

Related Articles

ETP unit gets FERC approval for gas exports to Mexico

03/21/2014 Energy Transfer Partners LP unit Houston Pipe Line Co. LP (HLPC) has received approval from the US Federal Energy Regulatory Commission to build a ...

Millennium Pipeline appoints president

03/20/2014 Millennium Pipeline Co. LLC has selected Joseph Shields as its president. He succeeds Rocco D’Alessandro, who held the position beginning in May 20...

Shah Deniz II, South Caucasus Pipeline contracts awarded

03/20/2014 The Shah Deniz and South Caucasus Pipeline consortia awarded project management and construction contracts for the development of Shah Deniz Stage ...

MARKET WATCH: NYMEX crude prices rise on Seaway pipeline expansion news

03/19/2014 Crude oil futures prices rose on the New York market Mar. 18 after Enterprise Products Partners LP told analysts and investors that an expanded Sea...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected