McDermott International Inc. (NYSE: MDR) on Jan. 24 said it has been awarded a significant contract award by BP Trinidad & Tobago LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 km) southeast off the coast of Trinidad.
“To ensure project execution excellence, we will leverage our One McDermott Way operating model to safely and efficiently deliver the Cassia Compression Platform with the highest quality,” Richard Heo, McDermott’s senior vice president for North, Central and South America, said.
McDermott will provide EPC, hook-up and commissioning of the 8,928 ton (8,100-metric ton) Cassia C topsides, a 3,747 ton (3,400-metric ton) jacket and a 793 ton (720-metric ton) bridge to link Cassia C with the existing Cassia B platform that currently sits in 223 ft (68 m) of water. The scope also includes Brownfield modifications at Cassia B. The compression platform will be fabricated and constructed at McDermott’s world-class fabrication facility in Altamira, Mexico—where another recently delivered project for bpTT, Angelin, was fabricated. Trinidad Offshore Fabrication Co. (TOFCO), a fabricator in Trinidad, will fabricate the jacket and the bridge landing frame.
Engineering services will be provided by McDermott’s offices in Houston, Chennai and Dubai, with the project management team and procurement being performed from their office in Houston.
This EPC contract follows the completion of a detailed engineering and long lead procurement services contract McDermott completed for Cassia C earlier this year, as well as the completion of the engineering, procurement, construction, installation and commissioning contract of the Angelin project for bpTT.
Cassia C is bpTT’s third Cassia platform, handling gas coming from its operations in the prolific Columbus basin. Cassia C will receive 1.2 billion standard cubic feet per day of hydrocarbon gas through new piping from Cassia B across the bridge. The gas will be compressed in three gas turbine driven compressors and returned to Cassia B for export. Liquids from Cassia C and Cassia B will be combined and boosted for export.
McDermott defines a significant contract as $250 million to $500 million. The contract was awarded in two phases, with an initial booking in the fourth quarter of 2018 for early engineering and procurement work. The remainder of the award will be reflected in McDermott’s first quarter 2019 backlog.
Recommended Reading
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
2024-04-18 - Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Exclusive: Mitsubishi Power Plans Hydrogen for the Long Haul
2024-04-17 - Mitsubishi Power is looking at a "realistic timeline" as the company scales projects centered around the "versatile molecule," Kai Guo, the vice president of hydrogen infrastructure development for Mitsubishi Power, told Hart Energy's Jordan Blum at CERAWeek by S&P Global.
Benchmark Closes Anadarko Deal, Hunts for More M&A
2024-04-17 - Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.
US Orders Most Companies to Wind Down Operations in Venezuela by May
2024-04-17 - The U.S. Office of Foreign Assets Control issued a new license related to Venezuela that gives companies until the end of May to wind down operations following a lack of progress on national elections.
Google Exec: More Collaboration Needed for Clean Power
2024-04-17 - Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid.