Dutch firm receives order from ConocoPhillips Indonesia

Tuesday, October 18 2005 - 12:54 AM WIB

Dutch offshore engineering firm SBM Offshore N.V. announced Monday it had received confirmation of an order for the design and supply of two mooring systems for an LPG storage vessel at the Belanak field offshore Natuna operated by ConocoPhillips Indonesia Inc.

According to the company, the project will be executed in two phases, starting with the supply of a CALM system for the mooring of a chartered LPG tanker to be used as a temporary storage unit.

The anchoring and riser systems of the CALM buoy will be designed to accommodate, in the second phase, the external turret system of the dedicated LPG storage vessel which will be permanently moored for the life of the field.

The company did not reveal the value of the order.

Belanak field is located in Natuna Block B PSC. The field currently produces crude and natural gas. Natural gas production is exported via pipeline to Singapore and Malaysia.(alex)

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