Under the contract, MacGregor will deliver two floating production storage and offloading (FPSO) systems for the Liuhua 11-1/4-1 redevelopment project.
MacGregor, a unit of Finnish firm Cargotec, plans to deliver the offloading systems to the CNOOC Offshore Oil Engineering’s construction site, located in Qingdao, China, in January 2023.
The offloading systems will be designed to ensure safe and efficient oil discharge from the FPSO, to a shuttle tanker.
MacGregor offshore energy solutions vice-president Tor Eide said: “During the past two years, we have delivered the 16-point mooring system, the north and south modular riser pull-in system for the CNOOC Lingshui 17-2 project, in the western part of the South China Sea.
“Despite unprecedented challenges and difficulties caused by the Covid-19 situation, our teams from China, Singapore, and Norway worked together to achieve delivery punctuality and continuous responsive service, which was highly recognised by the CNOOC project team.
“Based on the trust gained and many years of excellent cooperation, we are proud to again have the opportunity to support CNOOC ‘s gas field development, and make our contribution to the Liuhua 11-1/4-1 project.”
The offloading systemswill have the capacity to store either a 16-inch catenary hose, or a 16-inch floating hose to enable flexibility for shuttle tanker selection.
Last year, the CNOOC started production from the Lingshui 17-2 gas field, which is estimated to hold natural gas reserves of more than 100 billion cubic meters.