Shell secures support rig for Malampaya offshore development

Offshore staff

MANILA, Philippines – Shell Philippines Exploration (SPEX) has issued a notice of award to Prosafe for offshore accommodation support.

This concerns use of the semisubmersible Safe Astoria for a minimum nine-month contract at the Malampaya Phase 3 Depletion Compression project.

On site operations are due to start during 2Q/3Q 2014. Prosafe has granted SPEX three additional one-month options.

Alternatively, SPEX can opt for an 11-month firm period plus options, or a 12-month firm period plus options.

Total value of the firm period will be between $58.1 million and $70.5 million, depending on SPEX’s decision.

Shell has been using the vessel in the area for several years.

3/12/2012



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...