UK yards could lose out Yard News
// June 1, 2001
The Scotsman newspaper reports that British shipyards could lose a contract worth more than £200 million to build a platform for the largest undeveloped oilfield in the UK North Sea if they fail to deliver big reductions in costs.
The Scotsman says BP will sanction some £560 million of contracts later this year for the development of Clair, the last substantial field to be brought on stream on the UK continental shelf but the oil company is under pressure from its US venture partners, Chevron, Amerada Hess and Conoco, to offer the work to American contractors in the Gulf of Mexico.
Scottish yards, such as BARMAC's Nigg on the Cromarty Firth, Ardesier near Inverness and Kvaerner's Methil yard at Fife all need the work too, however, but BP is under pressure from Chevron and Amerada Hess to use US yards which, it is claimed, can deliver the platforms 30 per cent cheaper than UK contractors.
More articles from this category
More newsEquipment & Technology // January 12, 2018Contracts, Tenders and Rates // January 12, 2018Company News // January 12, 2018Contracts, Tenders and Rates // January 12, 2018Vessel & ROV News // January 12, 2018News // January 11, 2018Equipment & Technology // January 11, 2018Contracts, Tenders and Rates // January 11, 2018Equipment & Technology // January 11, 2018Equipment & Technology // January 11, 2018Contracts, Tenders and Rates // January 10, 2018Yard News // January 10, 2018Projects and Operations // January 10, 2018News // January 10, 2018Company News // January 10, 2018