DSME contracts CB&I for Mariner topsides work

CB&I (NYSE: CBI) has won a $250 million-plus order from Daewoo Shipbuilding & Marine Engineering (DSME) for work on Statoil’s Mariner heavy oil development in the UK northern North Sea.

Offshore staff

THE WOODLANDS, Texas – CB&I (NYSE: CBI) has won a $250 million-plus order from Daewoo Shipbuilding & Marine Engineering (DSME) for work on Statoil’s Mariner heavy oil development in the UK northern North Sea.

The scope includes detailed engineering design services for the platform topsides.

Mariner is 150 km (93 mi) east of the Shetland Isles. Pending final approval of the field development plan by the UK government, Statoil expects to start production in 2017.

The field is expected to produce for 30 years at an average rate of about 55,000 b/d.

1/10/2013

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