Leviathan Contracts for Platform Hull for GOM
Leviathan Gas Pipeline Partners LP contracted with MODEC
International LLC for construction of the hull for a floating
platform to be used as part of its Sunday Silence field development
project in Gulf of Mexico Ewing Bank Blocks 958, 959, 1002 and 1003
in 1,500 feet of water. MODEC International, which is owned by FMC
Corp. and Mitsui Engineering & Shipbuilding, was selected by
Leviathan after reviewing four competitive bids.
The contract for MODEC's Moses Tension Leg Platform (TLP) is a
turnkey contract that includes the design, fabrication and
installation of the hull, tendons, pilings and production risers.
The hull and tendons will be designed to support a deck and topside
facilities weighing up to 6,000 short tons. The platform will be
designed to process 25 thousand barrels of oil and 55 MMcf of gas
per day and be capable of supporting a workover rig. The TLP will
be designed so it can be used at locations other than Sunday
Silence in water depths ranging up to 6,000 feet.
"By proceeding during a period of relatively slack conditions in
the offshore fabrication industry, we believe Leviathan will be
able to realize significant cost savings, further enhancing the
commercial viability of our project," said Grant E. Sims, Leviathan
Leviathan Gas Pipeline Partners is a publicly owned master
limited partnership formed to acquire, own and manage offshore
pipelines and related assets. El Paso Energy Corp. is the general
partner of Leviathan and owns an effective 34.5% economic interest.
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