South Korea: Hyundai Heavy Wins USD 900 Million Deal to Build Two Offshore Gas Platforms

South Korea Hyundai Heavy Wins USD 900 Million Deal to Build Two Offshore Gas Platforms

South Korea’s Hyundai Heavy Industries, the world’s biggest shipbuilder and a leading offshore facilities contractor, today announced that the Company won a contract from a major oil company to build gas producing offshore platforms to be deployed in West Africa by the end of 2014.

Under the contract, the Company will build two offshore gas platforms; one weighing 11,000 tons and producing 120 million cubic feet of gas per day. The second platform will weigh 5,000 tons and will be able to produce 300 million cubic feet of gas per day.

Hyundai Heavy, as an EPIC Contractor, will perform all the project work covering engineering, procurement, construction, installation, and commissioning on a lump sum basis.

Offshore Energy Today Staff, December 19, 2011; Image: HHI

 

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply