Shell (NYSE: RDS.A) (NYSE: RDS.B) has awarded the offshore segment of Fluor Corporation (NYSE:FLR) the third phase of development on the Malampaya natural gas project offshore the Philippines.
Operated by Shell Philippines Exploration on behalf of Service Contract [SC] 38 joint venture partners Chevron Malampaya and Philippine National Oil Company, the Malampaya Deepwater Gas-to-Power project for the Philippine Department of Energy (DOE) currently generates up to 40 percent of the power for the main island of Luzon.
The Malampaya project is in its third phase and encompasses the new installation of a depletion compression platform that is linked by a bridge to the existing shallow water platform. Fluor is responsible for the topsides and substructure. The project is under way with expected completion in late 2015.
“Fluor is eager to undertake this groundbreaking energy project that will be the first to be designed, engineered, procured, fabricated and installed in the Philippines by local contractors,” said Dan Spinks, general manager of Fluor’s Philippines operations center.
Fluor previously provided ongoing engineering services for the existing shallow water platform from 2000 to 2006, and more recently, conducted a hazard and operability (HAZOP) analysis for Shell.
Fluor Offshore Solutions also recently completed offshore projects in the East Timor Sea and off the northeast coast of China.
Shell awards third phase of Malampaya project offshore the Philippines