Marine

Sembcorp Marine wins Dorado FPSO FEED agreement with Altera


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Singapore-based Sembcorp Marine has been awarded an exclusive contract from floating production company Altera Infrastructure, to carry out the frontal engineering design (FEED) work of an FPSO to be built for the Dorado de Santos oil and offshore project. Australia.

Dorado. located in the Bedout Sub-Basin, off Western Australia, is an oil and gas project that is expected to have initial oil production of 75,000 to 100,000 barrels per day, with subsequent development of significant gas resources

The initial development involves the production of oil and condensate via a wellhead platform (WHP) and an FPSO. The gas will be reinjected in the initial phase to improve oil and condensate recovery, followed by a planned future gas production phase to backfill the domestic gas infrastructure in Santos, WA.

Altera Infrastructure, formerly known as Teekay Offshore, was awarded the FEED contract from Santos for the FPSO Dorado last month

Now, Altera has assigned the FEED work to the Sembcorp Marine Rigs & Floaters unit of Sembcorp Marine.

William Gu, Head of Platforms and Floats at Sembcorp Marine, said: “We are delighted to be working with Altera Infrastructure and Santos to develop Dorado. The award of the FEED contract confirms Sembcorp Marine’s engineering, procurement and construction (EPC) capabilities and strengthens our credentials as a leading provider of engineering solutions for the offshore, marine and energy industries.

FEED works are expected to be completed by the second quarter of 2022. This is the Group’s third EPC project in collaboration with Altera Infrastructure, following the successful delivery of the FPSO Pioneiro de Libra and the FPSO Petrojarl Cidade de Itajai in 2017 and 2012 respectively.

For the Dorado FEED wellhead platform, Santos selected Malaysian company Sapura Energy last month.

A final investment decision for Dorado’s development is slated for mid-2022, with first production slated for 2026.

The Dorado project is on permit WA-437-P in Commonwealth waters, approximately 160 kilometers north of Port Hedland.

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