KBR wins Maersk Oil FEED Contract for the Culzean Field Development Topsides

abarrelfullabarrelfull wrote on 03 Jun 2014 16:23
Tags: engineering europe kbr maersk north-sea services uk

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KBR Inc. (NYSE: KBR) has announced today that it has been awarded a contract by Maersk Oil for topsides front end engineering and design (FEED) for the Culzean Project. Maersk Oil UK and its co-venturers JX Nippon Exploration and Production (UK) Limited and Britoil (BP) have chosen a new standalone facility to develop the Culzean discovery.

The Culzean project development is an ultra high-pressure, high-temperature (uHPHT) gas condensate development located approximately 145 miles East of Aberdeen in the UK sector of the Central North Sea. The field development comprises of three platforms; wellhead platform (WHP), central processing platform (CPF) with flare tower and separate living quarters and utility platform (ULQ).

KBR will provide the FEED of the topsides for the three platforms. The contract additionally includes an option for the detailed design of the three topsides platforms plus follow-on engineering competency activities during the fabrication phase.

“We are excited to be working together with Maersk Oil to mature this important Gas Facility in the North Sea,” said Roy Oelking, KBR Hydrocarbons Group President. “This award builds on the excellent relationship KBR and Maersk have developed through the previous successful Dan and Halfdan projects in the Danish sector North Sea.”

Expected revenue from the contract will be included in the second quarter 2014 backlog of unfilled orders for the Hydrocarbons segment. The contract value was not disclosed.

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