Giant production barge slated for Timor Sea

Woodside Offshore Petroleum Pty. Ltd., Perth, has let contract to Kvaerner AS, Oslo, and Single Buoy Moorings Inc. (SBM), Marly, Switzerland, to help build what it claims will be the world's largest production barge for installation in the Timor Sea in a $1 billion (Australian) project. The $420 million turnkey contract calls for construction of topsides and mooring system for a vessel to be installed as part of field development of Laminaria and Corallina discoveries in the Timor Sea off Northwest Australia, where water depth is about 365 m. Laminaria and Corallina lie about 9 km apart on Block AC/P8, and they will be developed with subsea facilities in the fields tied back to ...

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