The hull to be acquired will be the bare-deck Mitsui F-601 and the topsides contractor will be Swan Hunter. Brown & Root is to carry out detailed engineering. The US company's board approved the $600 million to $700 million development plan, which as well as Leadon will incorporate two fresh oil discoveries in the area, Birse and Glassel. All that the 100% stakeholder in blocks 9/41a and 9/14b now needs is project sanction from the UK authorities.
Kerr-McGee lifts Leadon lid
KERR-McGEE has broken its silence on its fast-track Leadon development in the UK North Sea, writes Iain Esau. The company has confirmed the field will be developed via a floating production, storage and offloading vessel.
15 September 2000 0:00 GMT
Updated
15 September 2000 0:00 GMT