SMOE clinches $175 million platform contract in ThailandNews // March 28, 2003
PTTEP is the sole national petroleum exploration and production company of Thailand. The contract which has an approximate value of $175 million is SMOE's first contract for PTTEP.
SMOE's order book now stands at $850 million.
SMOE will perform the engineering, procurement, construction and offshore hook-up and pre-commissioning of the Sour Process Platform, as well as undertake modifications of existing platforms. Saipem Asia will be responsible for the transportation and installation of the platform, as well as engineering, procurement and installation of associated pipelines. The platform will be located in a water depth of approximately 80 metres in the Gulf of Thailand, approximately 209 kilometres north-east of Songkhla.
Scheduled for completion in the third quarter of 2004, the process platform will have a total weight of more than 9,000 metric tonnes with the capacity to handle 375 million standard cubic feet of sour gas per day, 15,000 barrels of condensate per day and 15,000 barrels of produced water per day.