Other than the Whale and Vito FPUs, Sembcorp Marine’s project track record in the Gulf of Mexico includes previous deliveries of eight semi-submersible drilling rigs and one semi-submersible hull. Sembcorp Marine's (Sembmarine) subsidiary Sembcorp Marine Rigs & Floaters Pte. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp … The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. Ltd. has signed a letter of intent (LoI) with Shell Offshore Inc. for the construction of the hull and topsides as well as the integration of the Vito floating production unit (FPU).. Likewise Karish hull coming from China to megayard for integration. If the project moves forward, the Vito FPU will be a new facility located in the Mississippi Canyon, approximately 150 miles south of New Orleans, Louisiana, USA, in water depth of 4,050 ft. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. William Gu, Sembcorp Marine Senior Vice President and Head of Rigs & Floaters, said: “We are delighted that Shell has awarded the Vito FPU contract to us. Artist’s impression of the Whale Floating Production Unit (FPU), Analysts’ enquiries Ms Lisa Lee Head of Investor Relations DID: +65 6971 7042 Email: lisa.lee@sembmarine.com, Media enquiries Mr David Wong Head of Corporate Communications DID: +65 6971 7039 Email: david.wong@sembmarine.com. Slated for completion in 2022, it will operate in the Alaminos Canyon Block 772. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard, the builder said. Vito is a deep-water development in the U.S. Gulf of Mexico for which Shell in April made a Final Investment Decision, with the break-even price estimated to […] The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. Read more about Vito Supported by the Vito FPU’s 4-column semi-submersible hull, the topsides weigh 9,200 tonnes and are designed to produce 100,000 bpd of oil and 100 MMSCFD of gas. Sembmarine confirms Shell Vito prize Singapore-based fabricator confirms award of letter of intent for planned Gulf of Mexico project 5 December 2017 9:35 GMT Updated 5 December 2017 9:35 GMT The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology, as well as the development of their commercial strategy and business plans. Shell has explained that Vito’s cost savings are due to the simplified design, in addition to working collaboratively with vendors in a variety of areas including well design and completions, subsea, contracting, and topsides design. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. In May 2019, Sembcorp Marine won a construction and integration contract from Shell for the Vito semi-submersible FPU. Vito will be Shell’s 11th deepwater host in the GOM. Mechanical Completion Manager of Shell Vito Sembcorp Marine Ltd July 2019 – Present 3 months. Key takeaway from briefing: Shell Vito project’s margin could be as good as repair/conversion (c.15%) as equipment are supplied by the owners. Other than the Whale and Vito FPUs, Sembcorp Marine’s project track record in the Gulf of Mexico includes previous deliveries of eight semi-submersible drilling rigs and one semi-submersible hull. The FPU is slated for … SINGAPORE -Sembcorp Marine Rigs & Floaters has won a contract from Shell Offshore to build and integrate the topside and hull of a floating production unit … Vito deepwater oilfield is located 241km south-east of New Orleans, in the Mississippi Canyon area of the Gulf of Mexico, US, in 4,000ft of water depth. The agreement precedes a final investment decision (FID) for the full Whale project, expected to be made next year by Shell. They included the two Transocean drill ships, the Shell Vito floating production unit (FPU), the Johan Castberg floating production, storage and offloading vessel (FPSO) and the Karish FPSO projects. The final contract award hinges on Shell and partners sanctioning the project. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. For the PDF version of this announcement, please, Singapore Hub and Supporting Yards (Indonesia), Leveraging a Resource Recovery Opportunity. The Vito development is owned by Shell Offshore (63.11% operator) and Equinor USA E&P Inc. (36.89%). Group turnover for 4Q 2019 was at $624 million with percentage recognition from drill ship & floater projects, mainly the two Transocean drill ships, Shell Vito, Johan Castberg and the Karish FPSO newbuilds. Sembcorp on Monday shared that the Vito contract covers installation of Shell-furnished equipment, and follows a Letter of Intent between the two parties announced on December 5, 2017. Sembcorp Marine Ltd( SHELL VITO Project ) Apr 2020 - Present 10 months. Offshore installation activities are scheduled for 2020 and 2021. Located in more than 4,000 ft water depth over four blocks in the Mississippi Canyon area, approximately 150 miles southeast of New Orleans, the development will consist of eight subsea wells with 18,000-ft in-well gas lift. Vito is located 241kilometres south of New Orleans, Louisiana. Mon Sep 21. Notes to Editors To download a high-resolution image of the Whale FPU, please click here. Supported by the Vito FPU’s 4-column semi-submersible hull, the topsides weigh 9,200 tonnes and are designed to produce 100,000 bpd of oil and 100 MMSCFD of gas. No formal value was provided but total contract value is estimated at US$1.25b. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. Shell Vito and also Technip Karish FPSO. Order win is key catalyst. It has secured both the fabrication and integration contracts for the project, beating its Korean and Chinese competition. Sembcorp Marine (SMM SP) - UOB Kay Hian 2017-10-23: Emerges Victorious For Vito Project. “We are delighted that Shell has awarded the Vito FPU contract to us. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Sembcorp Marine senior vice president William Gu said: “We are delighted that Shell has awarded the Vito FPU contract to us. Mechanical Completion Manager of Shell Vito Sembcorp Marine Ltd July 2019 – Present 3 months. SINGAPORE– Sembcorp Marine Ltd. subsidiary Sembcorp Marine Rigs & Floaters Pte. No formal value was provided in the reports but total contract value is estimated at US$1.25 billion (S$1.7 billion). Current Megayard is quite full with modules for Johan Castberg arriving for integration. William Gu, Sembcorp Marine Senior Vice President and Head of Rigs & Floaters, said, “We are delighted that Shell has awarded the Vito FPU contract to … The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. Sembcorp Marine has emerged victorious for the Shell Vito project. Sembcorp Marine Secures FPU Construction and Integration Contract for Shell’s Whale Field Development in Gulf of Mexico Whale FPU will take advantage of synergies from ongoing Shell Vito FPU project secured last year Project management and engineering will take place in Houston, and Subsea 7’s Glasgow-based Pipeline Group will provide assistance. The Whale FPU construction and integration project is not expected to have a material impact on the net tangible assets per share and earnings per share of Sembcorp Marine for the year ending Dec 31, 2019. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. SINGAPORE– Shell Offshore Inc. has commissioned Sembcorp Marine Rigs & Floaters Pte. SCM winning all the projects from Korea last 2-3 yrs. Eg Johan Castberg FPSO worth $490m. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine's Tuas Boulevard Yard. The Vito host will be located at a water depth of 1,234m in the Mississippi Canyon Block 984 in the Gulf of Mexico, 241km south of New Orleans, Louisiana, in the US. Each service offer is intended to put the company’s technology and business firmly on the […], Shell extends topside maintenance deal with Dayang, TMC to supply topside compressors for Shell’s Bonga FPSO, Carnival to cut emissions with Shell’s carbon-neutral marine lubricants, Offshore Energy 2020: Matchmaking Programme, Shell awards Vito topsides deal to Sembcorp Marine, Shell in April made a Final Investment Decision. Air Comfort Group has announced that Sembcorp Marine of Singapore has awarded a contract to Air Comfort Group for the HVAC equipment design and fabrication for the Shell Vito deepwater living quarters, warehouse, and lab. If sanctioned, the Vito FPU will be a new facility in the Mississippi Canyon in the US Gulf of Mexico, and will operate at water depths of 4,050 feet. Shell Vito and also Technip Karish FPSO. In April 2018 Shell took the final investment decision to develop the Vito deep-water project in the US Gulf of Mexico. Shell Vito. Sembcorp on Monday shared that the Vito contract covers installation of Shell-furnished equipment, and follows a Letter of Intent between the two parties announced on December 5, 2017. Shell Invests in the Vito Development in the Gulf of Mexico On April 24, 2018, Shell announced the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35 per barrel*. The Whale project is operated by Shell (60%) and co-owned by Chevron U.S.A. Inc. (40%). It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp … Average peak production is estimated to reach approximately 100,000 barrels of oil equivalent per day. Offshore staff. Shell has picked Sembcorp Marine to build the hull and topsides of a vessel destined for the Gulf of Mexico. Order win is key catalyst. The agreement is subject to final investment decision for the full Whale project, expected to be made next year by Shell. 3. contract is dependent on Shell and its partners sanctioning the project. This contract includes installation of Shell-furnished equipment, and follows aletter of intent between the two parties announced on Dec. 5, 2017. Ltd. has signed a letter of intent (LoI) with Shell Offshore Inc. for the construction of the hull and topsides as well as the integration of the Vito floating production unit (FPU).. We’ll provide commissioning and start-up – which will take place in Singapore. It is currently scheduled to begin producing oil in 2021. Eg Johan Castberg FPSO worth $490m. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. It has secured both the fabrication and integration contracts for the project, beating its Korean and Chinese competition. Vito is a deep-water development in the U.S. Gulf of Mexico for which Shell in April made a Final Investment Decision, with the break-even price estimated to be less than $35 per barrel. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard, the builder said. SCM winning all the projects from Korea last 2-3 yrs. Whale FPU will take advantage of synergies from ongoing Shell Vito FPU project secured last year; Topside and hull will be delivered in 2022 from Tuas Boulevard Yard as a single integrated structure, facilitated by the yard’s 30,000-tonne lifting capacity Sembcorp Marine Rigs & Floaters Pte. This contract paves the way for the Whale project to move ahead and take advantage of synergies from the ongoing Shell Vito semi, currently under construction at Sembcorp … Sembcorp is constructing the Vito FPU at its Tuas Boulevard Yard in Singapore. Sembcorp Marine (SMM SP) - UOB Kay Hian 2017-10-23: Emerges Victorious For Vito Project. https://gcaptain.com/sembcorp-marine-awarded-vito-fpu-contract-from-shell The deepwater oilfield is jointly owned by Shell Offshore (63.11%) and Equinor (formerly Statoil, 36.89%), and operated by Shell Offshore. Shell has picked Sembcorp Marine to build the hull and topsides of a vessel destined for the Gulf of Mexico. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. In 2015, Shell began to redesign the Vito project, reducing cost estimates by more than 70% from the original concept. The agreement is subject to final investment decision for the full Whale project, expected to be made next year by Shell. Read More 23 May 2018 Singapore’s Sembcorp Marine Ltd has won a contract by Shell to construct and integrate the hull, topsides and living quarters of the Vito semi-submersible Floating Production Unit (FPU). Singapore Commissioning Technician ( Mechanical ) Sembcorp Marine Ltd ( Heerema Sleipnir Project ) Oct 2018 - Apr 2019 7 months. Singapore, Nov 1, 2019 – Sembcorp Marine Rigs & Floaters Pte. ... Reenova applies for full mining licence for Madagascar rare earth project. Shell Vito believed worth more than $1B. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. According to an announcement, Sembmarine will be in charge of the construction of the hull and the topside and the integration of the FPU. Located over four blocks in the Mississippi Canyon area of the Gulf of Mexico, the Vito development will consist of eight subsea wells with deep (18,000 feet) in-well gas lift. Read More “We are very grateful to Shell for recognising our yard capabilities and entrusting us with the Whale FPU project, which comes after our successful bid for the Shell Vito FPU last year,” Sembcorp Marine Head of Rigs & Floaters William Gu said. The Whale project is operated by Shell (60%) and co-owned by Chevron U.S.A. Inc. (40%). Maintain Add and TP of S$2.52. Average peak production is estimated to reach approximately 100,000 barrels of oil equivalent per day. Singapore, 5 December 2017: Sembcorp Marine Ltd (the “Group”) is pleased to announce that its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte. The final investment on the deepwater project was taken by Shell in … SINGAPORE (Oct 25): UOB KayHian is keep its ratings for Sembcorp Marine unchanged for now despite reports the yard had won the Shell Vito project. The deepwater field is operated by Shell (60%), which is partnered by Chevron U.S.A. (40%). In April 2018 Shell took the final investment decision to develop the Vito deep-water project in the US Gulf of Mexico. It is currently scheduled to begin producing oil in 2021. We are fully committed to executing and delivering the project safely and efficiently.”. Whale FPU will take advantage of synergies from ongoing Shell Vito FPU project secured last year; Topside and hull will be delivered in 2022 from Tuas Boulevard Yard as a single integrated structure, facilitated by the yard’s 30,000-tonne lifting capacity Sembcorp Marine Rigs & Floaters Pte. The development currently has an estimated, recoverable resource of 300 million boe. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Vito is a potential new hub for the Gulf of Mexico region, Shell reported earlier this year. Sembcorp Marine bags Shell's floating production unit contract An artist's impression of the Whale Floating Production Unit (FPU). Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico. Currently, Sembcorp is building Shell Vito FPU at its Tuas Boulevard Yard in Singapore. Ltd. has signed a Letter of Intent (LOI) with Shell Offshore Inc. (“Shell”) for the construction of the hull and topside as well as the integration of the Vito floating production unit (FPU). Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project … Vito will be comprised of a single topside module supported by a four-column semisubmersible floating hull, and have throughput capacity of 100,000 bo/d and 100 MMscf/d. Whale FPU will take advantage of synergies from ongoing Shell Vito FPU project secured last year, Topside and hull will be delivered in 2022 from Tuas Boulevard Yard as a single integrated structure, facilitated by the yard’s 30,000-tonne lifting capacity. The deepwater oilfield is jointly owned by Shell Offshore (63.11%) and Equinor (formerly Statoil, 36.89%), and operated by Shell Offshore. Key takeaway from briefing: Shell Vito project’s margin could be as good as repair/conversion (c.15%) as equipment are supplied by the owners. According to Sembcorp Marine, the entire Whale field FPU topside, like the Vito FPU, will be integrated and commissioned on ground level at Tuas Boulevard Yard to minimize work-at-height risks for the workers. Ltd. to construct and integrate the hull, topsides, and living quarters of the Vito semisubmersible floating production unit (FPU).. Management also appeared to be confident of order pipeline although competition remains stiff. Vito. Maintain Add and TP of S$2.52. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico with a forward looking break-even price estimated to be less than $35 per barrel. Read more about Vito Vito deepwater oilfield is located 241km south-east of New Orleans, in the Mississippi Canyon area of the Gulf of Mexico, US, in 4,000ft of water depth. Singapore’s Sembcorp Marine Ltd has won a contract by Shell to construct and integrate the hull, topsides and living quarters of the Vito semi-submersible Floating Production Unit (FPU). Vito is a potential new hub for the Gulf of Mexico region, Shell reported earlier this year. Shell, which took a final investment decision (FID) on Vito in 2018, … Vito. The completed FPU topside will then be raised and attached to a 51-metre tall hull, using a pair of gantry cranes that can lift up to 30,000 tonnes. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. Shell Vito believed worth more than $1B. Vito will be Shell’s 11th deepwater host in the GOM. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. The final contract award hinges on Shell and partners sanctioning the project. Likewise Karish hull coming from China to megayard for integration. This compares with the $913 million revenue booked in 4Q 2018. Shell executed a contract with Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters for the construction of the hull and topsides, as well as the integration of the Vito FPU. This contract paves the way for the Whale project to move ahead and take advantage of synergies from the ongoing Shell Vito semi, currently under construction at Sembcorp … Current Megayard is quite full with modules for Johan Castberg arriving for integration. Royal Dutch Shell’s subsidiary Shell Offshore operates the Vito deepwater project and holds a majority working interest of 63.11%, while the remaining 36.89% interest is held by Statoil USA E&P, a subsidiary of Statoil. Sembcorp is constructing the Vito FPU at its Tuas Boulevard Yard in Singapore. Vito will be Shell’s 11th deep-water project in the area. The company plans to leverage synergies from this ongoing project for the Whale FPU. SINGAPORE– Sembcorp Marine Ltd. subsidiary Sembcorp Marine Rigs & Floaters Pte. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. For the PDF version of this announcement, please click here. The agreement precedes a final investment decision (FID) for the full Whale project, expected to be made next year by Shell. “With a lower-cost developmental approach, the Vito project is a very competitive and attractive opportunity industry-wide,” said Andy Brown, Shell Upstream Director. Vito will be Shell’s 11th deep-water project in the area. Management also appeared to be confident of order pipeline although competition remains stiff. Like the Vito FPU, the entire Whale FPU topside will be integrated and commissioned on ground level at Tuas Boulevard Yard in order to minimise work-at-height risks for the workers. The leading global oil, gas and energy news resource. The Vito development is owned by Shell Offshore (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 feet of water, approximately 150-miles southeast of New Orleans. Sembcorp Marine has emerged victorious for the Shell Vito project. Ltd. signed a letter of intent (LOI) with Shell for the construction of a Vito floating production unit (FPU). Sembcorp Marine, Shell Offshore, Floating Production Unit (FPU), Shell Vito, Vito floating production unit ... Sembcorp Marine secures contract to construct & integrate Shell Offshore's Vito FPU. Other than the Whale and Vito FPUs, Sembcorp Marine's project track record in the Gulf of Mexico includes previous deliveries of eight semi-submersible drilling rigs and one semi-submersible hull. Sembcorp Marine Rigs & Floaters Pte. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. Vito will be comprised of a single topside module supported by a four-column semisubmersible floating hull, and have throughput capacity of 100,000 bo/d and 100 MMscf/d. No formal value was provided but total contract value is estimated at US$1.25b. SEMBCORP Marine Rigs & Floaters has won a contract from Shell Offshore to build and integrate the topside and hull of a floating production unit (FPU) in the Gulf of Mexico. Shell Vito. Other than the Whale and Vito FPUs, Sembcorp Marine’s project track record in the Gulf of Mexico includes previous deliveries of eight semi-submersible drilling rigs and one semi-submersible hull. Offshore staff. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a floating production unit (FPU) for the Whale field in the Gulf of Mexico (GoM) on Nov. 1. Offshore staff. According to the company, Vito is expected to reach peak production of approximately 100,000 barrels of oil equivalent (boe) per day. “With our state-of-the-art 30,000-tonne cranes at Tuas Boulevard Yard, we can assemble the Whale FPU topside into a mega-block and combine it with the hull efficiently in one single lift,” Mr Gu said, adding that the yard’s enormous lifting capacity is becoming a winning differentiator for Sembcorp Marine’s project execution. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. 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