Singapore, 2 January 2024 – Seatrium Limited (Seatrium, or the Group), has been awarded a
contract by Shell Offshore Inc. (Shell) to construct and integrate the hull, topsides and living
quarters of the Sparta semi-submersible Floating Production Unit (FPU).
The contract includes the installation of Shell-furnished equipment and follows the Letter of Intent
sealed by both parties on 28 August 2023. The Sparta FPU will be situated in the Garden Banks
area of the US Gulf of Mexico, approximately 275 kilometres (171 miles) off the coast of Louisiana.
It will feature a single topside bolstered by a four-column, semi-submersible floating hull and is
designed to produce 90,000 barrels of oil equivalent per day (boe/d).
The Sparta development spans four Outer Continental Shelf (OCS) blocks in the Garden Banks area of the U.S. Gulf of Mexico. Sparta semi-submersible production will be anchored in a depth of more than 1,400m/4,700ft of water, initially with eight oil and gas producing wells. Sparta’s design closely replicates the 100,000 barrel per day Vito and Whale designs, both of which are four-column semi-submersible host facilities. Vito is located in the greater Mars Corridor and began production in February 2023. Whale will be located in the Perdido corridor and is scheduled to come online in 2024.
Current estimated recoverable resource volumes of the primary Sparta development are 244 million boe. The estimate of resource volumes is currently classified as 2P under the Society of Petroleum Engineers’ Resource Classification System. The estimated peak production and current estimated recoverable resources presented above are 100% total gross figures.
The Sparta FPU is conceived as a replicable project between Shell and Seatrium to leverage the
Group’s topsides single lift integration methodology, following the Vito and Whale newbuilds, and
benefitting from operational synergies.
