Dockwise to transport, install topsides on Shtockmann platforms

Dockwise has signed a letter of intent with Vyborg Shipyard for the transportation and installation of two topside structures for the Shtockmann project.

Offshore staff

HAMILTON, Bermuda -- Dockwise has signed a letter of intent with Vyborg Shipyard for the transportation and installation of two topside structures for the Shtockmann project. The structures are part of the contract that Vyborg Shipyard signed with Gazflot (the operating company for Gazprom) for the construction of two semisubmersible production platforms designed to operate in arctic conditions.

The first topside structure is scheduled to be loaded at the end of April 2010 for installation between July and August 2010; the second at the end of October 2010 for installation in February 2011. The structures will be transported from Geoje Island, Korea to the mating location in the Barents Sea. The final mating locations are expected to be in the Murmansk area.

06/24/2008

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