PRIVATELY owned Beacon Offshore is zeroing in on the selection of a main contractor for the centrepiece deep-water production facility at its Shenandoah ultra-high-pressure oilfield development in the US Gulf of Mexico.The Shenandoah project is operated by Beacon on behalf of joint-venture partner Navitas Petroleum.The project will be the second so-called "20k project" in the US Gulf to produce from reservoirs with pressures up to 20,000 pounds per square inch.The main production facility will be a floating semi-submersible weighing about 20,000 tonnes.Bids for the engineering, procurement, construction and installation of the big platform were submitted by the Asian powerhouses Hyundai Heavy Industries, Samsung Heavy Industries and Sembcorp Marine, as well as the US company Kiewit Offshore,said well-placed sources familiar with the project.Financial analysts contacted by Upstream believe the Shenandoah project will be sanctioned within the next month, and that a contract award for the semisub platform could be imminent.One source familiar with the bid process suggested an award could emerge by mid-August.
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