Korea Shipbuilding & Offshore Engineering Co. (KSOE), the world’s biggest shipbuilder based in South Korea, has netted an offshore plant order worth 659.2 billion won ($576.5 million) from an oil developer in the United States, its third floating production storage (FPS) order for this year.
KSOE announced Friday that its subsidiary Hyundai Heavy Industries Co. is consigned to deliver an FPS facility in a 659.2 billion won deal with a U.S. oil company. The FPS facility will be later installed in the Shenandoah oil field, located 300km south of Louisiana.
The FPS facility, which is 91 meters long, 91 meters wide and 90 meters high, will be capable of producing 100,000 barrels of oil and 4 million cubic meters of natural gas a day, according to the company.
Hyundai Heavy Industries will start constructing the hull in the third quarter of next year after a yearlong planning and designing on an engineering, procurement and construction (EPC) contract. The facilities then will be moved to the Shenandoah oil field in the second half of 2024 for production.
KSOE was able to procure the latest order after successfully delivering the King’s Quay FPS to U.S. oil exploration and production company Murphy in June, it said.
The company has won three offshore plant orders including the latest one so far this year. It signed a $450 million gas platform deal for Posco International’s LNG field project offshore Myanmar in January and a $759 million floating production storage and offloading (FPSO) facility deal with Brazilian oil company Petrobras.
With the latest deal, KSOE has secured total $17.4 billion worth orders for 179 sea vessels and facilities so far this year, already exceeding its yearly target of $14.9 billion.
Ad blocker detected: Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.
KSOE awarded USD 577 Million EPC contract for Shenandoah FPS
-
- Site Admin
- Posts: 3221
- Joined: Sat Aug 29, 2020 5:40 am
- Location: Singapore
- Contact:
Jump to
- OIL AND GAS
- OIL AND GAS INDUSTRY
- ↳ Financial Results
- ↳ Market News
- ↳ Energy Outlook
- ↳ Petroleum Economics and Energy Policy
- ↳ Health, Safety and Environment
- SHIPPING, PORTS & LOGISTICS
- ↳ Shipping
- ↳ Ports & Terminals
- OIL AND GAS UPSTREAM
- ↳ Seismic, G&G
- ↳ Exploration
- ↳ Drilling & Completion
- ↳ Field Development
- ↳ Subsea Construction & Engineering
- ↳ Decommissioning
- ↳ Field Enhanced Recovery
- ↳ Offshore Services
- OIL AND GAS MIDSTREAM
- ↳ Pipelines and Subsea Pipelines
- ↳ LNG Terminals
- ↳ Marketing & Trading
- OIL AND GAS DOWNSTREAM
- ↳ Petrochemicals and Refineries Plants
- ↳ Marketing & Distribution
- ↳ Marine Terminals
- ↳ LNG to Power
- OIL AND GAS PROJECTS & ASSETS
- ↳ North America
- ↳ Central America
- ↳ South America
- ↳ Barents Sea, Norwegian Sea and Russia
- ↳ North Sea
- ↳ West Africa
- ↳ East Africa
- ↳ North Africa, Mediterranean Sea, Black Sea and Caspian
- ↳ Middle East and the Persian/Arabian Gulf
- ↳ South Asia
- ↳ South East Asia
- ↳ Australia and New Zealand
- ↳ South China Sea
- ↳ East Asia
- OIL AND GAS TECHNOLOGY
- ↳ FPSO, FPU, FSO, FDPSO, FSRU, FLNG, Jack-Up, Drilling Rigs
- ↳ FPSO/FSO/FPU contracts
- ↳ Altera Infrastructure (Teekay Offshore)
- ↳ BW Offshore
- ↳ SBM Offshore
- ↳ MODEC
- ↳ Yinson
- ↳ Bumi Armada
- ↳ MISC Berhad
- ↳ Rubicon Offshore
- ↳ Samsung Heavy Industries
- ↳ Hanwha Ocean (fka. DSME)
- ↳ Sembcorp Marine
- ↳ Keppel Offshore & Marine
- ↳ Saipem
- ↳ Bluewater
- ↳ CIMC Raffles
- ↳ KSOE
- ↳ TechnipEnergies
- ↳ CNPC/CPOE
- ↳ MTC Group
- ↳ Drydocks World Dubai
- ↳ Omni Offshore
- ↳ Euronav
- ↳ STX Corporation
- ↳ Petrofac
- ↳ Maersk FPSO
- ↳ COSCO
- ↳ Estaleiros do Brasil Ltda
- ↳ EMAS Offshore
- ↳ COOEC
- ↳ Drilling Rigs Contracts
- ↳ Valaris
- ↳ Transocean
- ↳ Borr Drilling
- ↳ Diamond Offshore
- ↳ Maersk Drilling
- ↳ Seadrill
- ↳ COSL Drilling
- ↳ Noble Drilling
- ↳ ARO Drilling
- ↳ Stena Drilling
- ↳ Northern Drilling
- ↳ Awilco Drilling
- ↳ PV Drilling
- ↳ Odfjell Drilling
- ↳ Shelf Drilling
- ↳ Grupo R
- ↳ Japan Drilling Company
- ↳ Vantage Drilling
- ↳ Bluewhale Offshore
- ↳ Northern Offshore
- ↳ Dolphin Drilling
- ↳ Velesto Energy
- ↳ Türkiye Petrolleri Anonim Ortaklığı (TPAO)
- ↳ Jindall Drilling
- ↳ Northern Ocean
- ↳ Island Drilling
- ↳ Saipem
- ↳ CPOE
- ↳ GSP Offshore
- ↳ ADES
- ↳ Arabian Drilling
- ↳ ADNOC Drilling
- ↳ Ocyan SA
- ↳ OC Offshore
- ↳ Eldorado Drilling
- ↳ Support/Construction/Offshore Vessels
- ↳ DOF Subsea
- ↳ ALP
- ↳ Subsea 7
- ↳ MCDERMOTT
- ↳ POSH
- ↳ Prosafe
- ↳ Floatel
- ↳ Saipem
- ↳ Tidewater
- ↳ Boskalis
- ↳ Siem Offshore
- ↳ OOS International
- ↳ Maersk Supply Service
- ↳ Rig Designs
- ↳ FPSO Designs
- ↳ FLNG, FSRU, FCSU Designs
- ↳ MODEC
- ↳ Technip Energies
- ↳ JGC
- ↳ Sevan SSP
- ↳ GTT
- ↳ Samsung Heavy Industries
- ↳ Bumi Armada
- ↳ DSME
- ↳ Wison Offshore
- ↳ FLNG, FSRU contracts
- ↳ Golar LNG
- ↳ Höegh LNG
- ↳ Excelerate Energy
- ↳ BOTAŞ Petroleum Pipeline Corporation (BOTAS)
- ↳ Samsung Heavy Industries
- ↳ Saipem
- ↳ Sembcorp Marine
- ↳ BW LNG
- ↳ DSME
- ↳ Dynagas
- ↳ MOL
- ↳ Wison Offshore
- ↳ Energos Infrastructure
- ↳ Subsea Engineering
- ↳ Turrets and Moorings
- ↳ SOFEC
- ↳ Bluewater
- ↳ SBM Offshore
- ↳ NOV APL
- ↳ DELMAR
- ↳ Remazel Engineering
- ↳ Seasystems
- ↳ London Marine Consultants
- ↳ Havfram
- ↳ Drilling, Work-over and Intervention
- ↳ Drilling, Work Over, Intervention, and P&A contracts
- ↳ Helix Energy Solutions
- ↳ Drilling Equipment and System contracts
- ↳ Zero Carbon
- ↳ Process / Packages
- ↳ Digital Technology
- ↳ Other Technology
- ↳ EPCI
- ↳ Asset Lifecycle
- ↳ Marine
- OIL AND GAS JOBS
- ↳ Job Agent: Submit your CV!
- ↳ Offshore Production (FPSO, FSO, FPU, Offshore Platforms)
- ↳ Drilling (Oil Rigs, Land Rigs)
- ↳ EPC Project Management (Fabrication Yards)
- ↳ Petrochemicals and Refineries
- ↳ Tankers & Shipping
- ↳ Onshore
- OIL AND GAS LIFE
- ↳ Jobs & Careers - For a better future
- ↳ Learning Hub - All Technical Stuffs
- ↳ Global Citizen - The World is your Oyster
- ↳ North Sea Stories
- ↳ Offshore Norge
- ↳ Middle East Stories
- ↳ Brazil Stories
- ↳ South-East Asia Stories
- ↳ Drilling Rigs
- ↳ FPSOs
Who is online
Users browsing this forum: No registered users and 1 guest