McDermott International, Inc. (NYSE:MDR) announces it has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Brunei Shell Petroleum Company Sdn. Bhd. (BSP). The work includes transportation and installation (T&I) of pipelines and umbilicals in the Fairley and Ampa Fields offshore Brunei.
The full scope of work for the 2017 campaign is expected to include T&I for 20 miles of pipelines, with the associated beach and pipeline crossings, tie-ins, riser installation and pre-commissioning of the completed system. The 2017 campaign is part of a three-year work installation contract signed in 2014 and will be included in McDermott’s second quarter 2016 backlog as a Sizeable project.
“Brunei has significant long-term plans to increase investment and production in its energy sector and the successful installation of these new pipelines in the Ampa and Fairley fields is expected to help ensure production continuity of the mature reserves,” said Hugh Cuthbertson, Vice President, Asia. “McDermott’s demonstrated performance during the 2015 campaign built customer confidence critical to winning this award. Our contribution in developing these facilities plays a vital role in helping Brunei Shell Petroleum meet its production targets and Brunei meet its energy goals.”
The 2017 campaign will see McDermott’s Derrick Barge 30 (DB 30) continue to be deployed for the execution of pipeline work in Brunei. Both the DB 30 and Emerald Sea diving support vessel were deployed for the successful 2015 campaign, which was one of the largest shallow water pipeline campaigns undertaken by McDermott Asia in recent years.
