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Vetco Aibel nets $38m KuMaZa job



By Upstream staff 

Norway's Bergesen has handed Vetco Aibel a $38 million, four-year contract covering integrated operations on the floating production, storage and offloading vessel Berge Enterprise.

Berge Enterprise is set to operate on the Ku Maloop Zaap field in the Gulf of Mexico for Mexican state oil company Pemex.

The vessel is set to be converted from a tanker into a floater. The new FPSO will have a storage capacity of 1.4 million barrels, a total liquid production capacity of 600,000 barrels per day and an oil production capacity of 200,000 bpd.

The contract includes a three-year option, which, if exercised, would bring the total contract length to seven years.

“Berge Enterprise will be the first FPSO ever installed in the Gulf of Mexico, and may become an important bridgehead for us into other segments of the Mexican market for maintenance and operation of oil and gas platfroms,” Vetco Aibel managing director Erling Matland said.

The floater is scheduled to start work in April 2007.


Monday, 24 October, 2005, 08:51 GMT  | last updated: Monday, 24 October, 2005, 08:55 GMT

Hat's the way to do it: Vetco Aibel is set to work on the floater conversion for the Ku Maloop Zaap development
 

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