Petrofac Orders High-End Offshore Construction Vessel

Petrofac to build its new proprietary design Petrofac JSD 6000 deepwater derrick lay vessel, which will be available for construction and installation activities in early 2017.

The contracts for the shipyard and electrical and control systems supplier and integrator have now been awarded as the final element in a phasing of contracts designed to de-risk critical item delivery, interfaces and integration.

Building upon Petrofac’s market-leading engineering, procurement and construction (EPC) project management and engineering capability, the vessel is based on a unique innovative design which integrates the J-Lay, S-Lay and derrick functions and will provide Petrofac with access to high-end turnkey opportunities in the high growth deepwater and SURF markets, and expand access to shallow water EPCI projects.

Ayman Asfari, Petrofac Group Chief Executive, said: “These orders mark the next major step in Petrofac’s strategic evolution, which is built on the expansion and enhancement of our expertise and capabilities from our core areas into markets where we can provide a differentiated offer to our customers. With more than 30 years of designing, developing, building and operating fixed facilities, both onshore and offshore, and more than a decade in subsea field development and engineering, our move into the deepwater market is a natural progression.

 

Press Release, January 16, 2014

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Posted on January 16, 2014

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