TotalFinaElf awards two turnkey contracts for B field off Libya

July 24, 2001
Compagnie des Pétroles Total Libye has awarded two turnkey contracts for development of Field B on Block 137 off Libya along the Tunisan border to consortiums in which Bouygues Offshore SA has an interest, said Bouygues.


By the OGJ Online Staff

HOUSTON, July 24 -- Compagnie des Pétroles Total Libye has awarded two turnkey contracts for development of Field B on Block 137 off Libya along the Tunisan border to groups in which Bouygues Offshore SA has an interest, said Bouygues.

The field was discovered in 1975 and confirmed in 1998. An affiliate of TotalFinaElf SA is operator with 37.5%, Libyan National Oil Corp. holds 50%, and Wintershall AG 12.5% (OGJ Online, Feb. 5, 2001).

One of the contracts, worth $54 million, covers engineering, procurement, construction, and installation of a 1,700-tonne platform with a three-story deck and 6,200-tonne jacket. The consortium consists of Bouygues Offshore, ROSBOS (a Rosetti Marino SPA-Bouygues joint venture) and Stolt Offshore, part of the Stolt Group.

ROSBOS will build the platform and jacket at the Ravenna yard in Italy. The platform will be able to produce 35,000 b/d of oil. Delivery is expected in late 2002.

The second contract covers engineering, procurement, construction, and installation of a cable drum, mooring system, and topsides for the floating production, storage, and offloading vessel that will develop the field. Exmar Offshore Co. has awarded that contract to Doris Engineering SA, which is 51% owned by Bouygues.

The equipment delivery is scheduled for mid-2002.