BW Offshore receives LoA from Total E&P Angola

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18. Jul 2008

A consortium of BW Offshore’s technology division APL (Advanced Production & Loading) and SBM Offshore has received a Letter of Award (LoA) from Total E&P Angola for the Engineering, Procurement, Supply, Construction and Installation (EPSCI) of the Oil Loading System on the PAZFLOR project. BW Offshore’s scope within the consortium consists of engineering, procurement and fabrication responsibility for the deep water buoy together with all associated mooring equipment. The BW Offshore contract value is approximately USD 100 million and the project is due for delivery early 2011.

"We are very pleased with the confidence Total E&P Angola once again has put in BW Offshore, having delivered our first BTLTM to Total E&P Angola in 2006. The complexity of the PAZFLOR system confirms our leading position as a technology provider to the oil and gas industry," says Svein Moxnes Harfjeld, CEO of BW Offshore.

Different from the other APL systems, the BTLTM system is based on mooring to a buoy floating on the surface. The first BTLTM system was developed and installed on the Dalia field in 2006. Located about 150 kilometres off the coast of Angola and 40 kilometres north-east of Dalia, in depths of up to 1,200 metres, the PAZFLOR development involves bringing four fields into production.

The fabrication of the buoy and suction piles for mooring will be carried out at the Sonamet yard in Angola, as part of BW Offshore's determination to continue increasing local involvement in its projects.

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