Receive our newsletter – data, insights and analysis delivered to you
  1. News
February 9, 2015

Dyna-Mac wins topside module fabrication contract from Armada Cabaca

Oil and gas engineering services provider Dyna-Mac has secured a $60m topside module fabrication contract from Bumi Armada's affiliate Armada Cabaca.

Oil and gas engineering services provider Dyna-Mac has secured a $60m topside module fabrication contract from Bumi Armada’s affiliate Armada Cabaca.

The contract requires Dyna-Mac to build six topside modules for a floating production storage offloading (FPSO) vessel that will be installed at Eni’s East Hub project at Block 15/06 offshore Angola.

Dyna-Mac expects to deliver the modules in the first quarter of 2016.

"We have successfully delivered 14 units of the topside modules to their fleet of FPSOs with four more modules in various stages of construction."

The FPSO will be equipped to store 1.8 million barrels of oil, with the capacity to handle 80,000 barrels per day of oil production.

It will be capable of 120,000 barrels per day (bpd) of water injection and 120 million standard cubic feet per day of gas handling capacities.

The FPSO will be moored at a water depth of 450m with first oil expected in the fourth quarter of 2016.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager

Dyna-Mac Desmond Lim said: "We are delighted to be selected by Bumi Armada’s affiliate, Armada Cabaca Ltd to partner them in their strategy as a top-tier global FPSO player.

"Since 2011, we have successfully delivered 14 units of the topside modules to their fleet of FPSOs with four more modules in various stages of construction."

Eni has secured a three-year extension for the exploration of its 15/06 offshore block in Angola.

The company has discovered more than three billion barrels of oil in place and 850 million barrels of reserves in the block, which it acquired in 2006.

The three-year plan includes the drilling of three wells and 1,000km² of 3D seismic.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU