Bouygues Offshore: World's Largest FPSO Completed.Business Editors MONTIGNY-LE-BRETONNEUX, France--(BUSINESS WIRE)--April 5, 2001 Bouygues Offshore (NYSE NYSE See: New York Stock Exchange :BWG BWG Bankwesengesetz (Federal Law on Banking, Austria) BWG Beam Waveguide (antenna) BWG Bundesamt für Wasser und Geologie (Federal Office for Water and Geology, Switzerland) ) (PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. :BOS.) and Stolt Offshore S.A. announced today that they have achieved a major milestone in their EPCI EPCI Etablissement Public de Coopération Intercommunale (France) EPCI Enhanced Proliferation Control Initiative EPCI Engineering, Procurement, Construction, and Installation EPCI Electronic Payment Certification Institute contract with TotalFinaElf for the engineering and construction of the Girassol FPSO FPSO Floating Production Storage and Off-loading (shipping & oil industry) FPSO Foster Parent Society of Ontario FPSO Fleet Publication Supply Office . This represents a major achievement in the ongoing development of the Girassol field. TotalFinaElf with a 40% interest, is operator of Block 17 offshore Angola, whilst partners include Exxon Mobil (20%), BP Amoco (16.67%), Statoil (13.33%) and Norsk Hydro (10%). The world's largest Floating Production, Storage and Offloading (FPSO) unit has now been completed and left Korea on March 30 en route to Angola. The FPSO, with a displacement of 400,000t will arrive at the Girassol site in early July. Construction of the FPSO has been carried out by the Mar Profundo Girassol (MPG) 50/50 joint venture between Bouygues Offshore and Stolt Offshore. The Partners have completed construction of the topsides within 21 months to the satisfaction of their client TotalFinaElf, thus making a major contribution to the construction and delivery of the FPSO. The Girassol FPSO will be moored in a water depth of 1,400 metres and first oil is due to flow towards the end of 2001. The 50,000t hull supports 24,000t of topsides. The FPSO has oil production capacity of 200,000 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. and a 2,000,000 barrel storage capacity. It also features the largest desulphatation unit in the world, allowing treatment of 400,000 barrels of seawater seawater Water that makes up the oceans and seas. Seawater is a complex mixture of 96.5% water, 2.5% salts, and small amounts of other substances. Much of the world's magnesium is recovered from seawater, as are large quantities of bromine. per day for water injection. From design engineering to start-up and maintenance, Bouygues Offshore provides its customers with turnkey projects in offshore-onshore oil and gas contracting, liquefied gases, maritime and river works and chemicals-refining/energy-industry. Further information on the company can be found on line at www.bouygues-offshore.com. Driven by a strong commitment to the energy industry, an on-the-spot presence and a team of talented professionals, we deliver solutions that are safe, innovative and promote the success of our clients and our Company. |
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