Sembcorp, Saipem get $430m Natuna platform, pipeline contract

SMOE Pte Ltd announced on Monday that its fully-owned Indonesian business unit, PT SMOE Indonesia, in consortium with PT Saipem Indonesia, has secured a US$430 million contract from Premier Oil Natuna Sea B.V, for the engineering and construction of a Central Processing Platform, a Wellhead Platform and a 16 inch diameter by 3 km export subsea gas pipeline, to be installed in about 80 meters water depth in the Gajah Baru Field, Natuna Sea Block A. SMOE Pte Ltd is a subsidiary of Singapore offshore rigs builder Sembcorp Marine

The subsea pipeline, to be linked to the existing export trunkline, will carry 140 million cubic feet of gas to Sembgas in Singapore. First gas is expected in October 2011, the company said.

PT SMOE Indonesia?s portion of the contract, worth about S$230 million, entails part procurement, construction engineering, construction, hook-up and commissioning of the two platforms, while PT Saipem Indonesia?s scope of work covers engineering design, procurement, transportation and installation of the platforms and the subsea pipeline.

Facilities on the Central Processing Platform, which has a topside weight of about 8,200 tons and a jacket weight of about 4,700 tons, will include compression, separation, glycol regeneration, gas metering, mechanical refrigeration, utilities and living quarters for 60 men. The Wellhead Platform has an estimated topside weight of about 900 tons and a jacket weight of about 1,400 tons. Construction is scheduled to commence in August 2009 with offshore completion in October 2011.(alex)