McDermott International Ltd. has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP), the company said on June 16. The project is located approximately 138 miles (222 km) offshore in the Gulf of Mexico at a water depth of 4,400 ft.
"We look forward to continuing our partnership with BHP through this latest contract award," Mark Coscio, senior vice president for McDermott's North, Central and South America region, said. "McDermott's North Ocean 102 vessel is uniquely qualified to transport and install the materials and equipment for the Shenzi project scope—as well as perform pre-commissioning testing and other necessary surveys to safely deliver for the customer."
The scope of the contract includes: project management; detailed design and fabrication for a pump station suction pile; umbilical installation and flexible jumpers and flying leads installation; transport of all materials and equipment; and pre-commissioning services and other necessary testing and surveys.
Engineering, procurement and project management services will be led by McDermott's Houston engineering group. McDermott's North Ocean 102 vessel—which has a proven track record of safely executing similar projects—will be used for the transport and installation of the material and equipment.
The project will commence immediately and is expected to be completed in the summer of 2022.
McDermott is currently providing FEED of a semi-submersible floating production unit for the Trion Project in the Gulf of Mexico, another BHP project, in partnership with Pemex. McDermott was previously awarded and completed services under an initial pre-FEED contract for the Trion FPU.
Recommended Reading
Energy Sector Sees Dramatic Increase in Private Equity Funding
2024-11-21 - In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is an end in sight for the fossil fuel capital drought?
The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
2025-01-28 - In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.
US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
2024-11-19 - President-elect Donald Trump's energy secretary nominee Chris Wright championed energy's role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo.
Michael Hillebrand Appointed Chairman of IPAA
2025-01-28 - Oil and gas executive Michael Hillebrand has been appointed chairman of the Independent Petroleum Association of America’s board of directors for a two-year term.
Haslam Family Office: ‘We Need Hydrocarbons’
2025-01-29 - The managing director of HF Capital—the office for Tennessee's Haslam family—says that as long as oil, gas and other energy sources are lacking capital, there’s an investment opportunity.