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Company News

Aker Marine Contractors gets Baobab FPSO project

(4/28/2004 - OGI: Houston) MODEC International has awarded a subcontract for the Baobab FPSO project to the Aker Kvaerner subsidiary, Aker Marine Contractors. The floating production, storage, and offloading vessel is to be stationed on Canadian Natural Resources' 200 million-bbl Baobab Field in Block CI-40 some 25 km offshore Cote d'Ivoire in waters approximately 4,000 ft deep.
The MODEC contract is for installation of the mooring system and connection of the FPSO and will be performed onsite off Cote d'Ivoire. The scope of work includes operations planning, transport of the mooring system from Aker Marine Contractors' base at Stavanger to the Baobab Field, and pre-installation of the anchors and the bottom chain. Upon delivery of the FPSO at site, connection of a polyester segment in each line will be completed during hook-up. Aker will be employing the recently delivered BOA Deep C deepwater construction vessel to carry out the operations, set to commence during the first quarter of 2005.

The Baobab FPSO (left).

"This contract confirms the capabilities of Aker Marine Contractors as a deepwater mooring installation contractor and is proof of BOA Deep C's competitiveness in the West Africa deepwater market," said Aker Marine Contractors' president Anne Murer.

The BOA Deep C.

CNR is the operator of Block CI-40 with a 57.61% equity interest. Its partners are Svenska Petroleum Exploration with 27.39% interest, and Cote d'Ivoire's national oil company Petroci, with the remaining 15%.

Click here for earlier report.

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