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Extensive EPC contract signed for BW Offshore Singapore FPSO

25. August 2010

Kongsberg Maritime Engineering to perform engineering and system integration.

Kongsberg Maritime has signed a contract with BW Offshore Singapore to supply an ACET-package on an Engineering, Procurement & Construction (EPC) basis for the Kangean Energy Indonesia gas FPSO, which will operate on the Terang Sirasun Batur (TSB) fields in Indonesia. The contract is valued close to USD 20 million.

Kongsberg Maritime's scope of supply includes design, engineering, manufacturing, testing and supply of all materials, equipment, accessories and tools required for the complete integrated Automation, Control, E-House, Electrical hardware and Telecommunication systems, for installation and operation on the FPSO.

The project will be executed by Kongsberg Maritime Engineering (KME) on behalf of Kongsberg Maritime AS, in close cooperation with partners and BW Offshore. KME is a wholly owned subsidiary of Kongsberg Maritime and has since 2008 acted as a contracting solution company specializing in EIT engineering and system integration, on EPC basis with strong focus on project management, contracting engineering and site management. KME offers a coherent engineering and management service based on Kongsberg Maritime's vast technical competence and experience with marine and offshore operations.

BW Offshore Singapore is one of the world's leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry. BW Offshore Singapore has more than 25 years' experience and has successfully delivered 15 FPSO projects and 50 turrets and offshore terminals.

"Winning this contract with BW Offshore Singapore further strengthens our position in the FPSO market," comments Tor Erik Sørensen, Executive Vice President - Sales, Marketing & International Operations, Kongsberg Maritime.

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