McDermott awarded second Petronas contract

Oct. 21, 2014
McDermott International Inc. has won a transportation, installation, and pre-commissioning contract from PC Ketapang II Ltd., a subsidiary of Petronas, for the Bukit Tua development project in the Ketapang block of East Java, Indonesia.

Offshore staff

HOUSTONMcDermott International Inc. (NYSE:MDR) has won a transportation, installation, and pre-commissioning contract from PC Ketapang II Ltd., a subsidiary of Petronas, for the Bukit Tua development project in the Ketapang block of East Java, Indonesia.

This new contract is for the transportation and installation of the BTJT-A jacket, its related topsides, and subsea pipeline tie-in spools. Additionally, McDermott will undertake the pre-commissioning of the related export and infield pipelines. All offshore installation work will be carried out by theMcDermott Derrick Barge 30 (DB30).

The offshore campaign is expected to be completed by end of 1Q 2015. The Bukit Tua field is 21 mi (34 km) from Madura Island and 62 mi (100 km) from Surabaya, East Java, in 190 ft (58 m) of water.

“McDermott is uniquely positioned to support the fasttrack nature of the Bukit Tua development that is critical to provide energy to power a key industrial area in Gresik, Indonesia,” said Hugh Cuthbertson, vice president and general manager, Asia Pacific. “This is the second award we have received related to the Bukit Tua Development this year. We are currently fabricating the 1,212-ton [1,100-metric ton] BTJT-A wellhead jacket at our Batam Island fabrication facility in Indonesia, where construction work is on track and expected to complete in November.”

10/21/2014