Shell awards Vito topsides deal to Sembcorp Marine
23 May 2018
Singapore’s Sembcorp Marine Ltd has won a contract by Shell to construct and integrate the hull, topsides and living quarters of the Vito semi-submersible Floating Production Unit (FPU).
Vito is a deep-water development in the U.S. Gulf of Mexico for which Shell in April made a Final Investment Decision, with the break-even price estimated to be less than $35 per barrel.
Sembcorp on Monday shared that the Vito contract covers installation of Shell-furnished equipment, and follows a Letter of Intent between the two parties announced on December 5, 2017.
Supported by the Vito FPU’s 4-column semi-submersible hull, the topsides weigh 9,200 tonnes and are designed to produce 100,000 bpd of oil and 100 MMSCFD of gas. Read More