EOCP completes Galoc offshore installation

EOC Ltd.'s wholly owned subsidiary, Emas Offshore Construction and Production Pte Ltd. (EOCP) has completed a contract to install subsea facilities and floating production mooring system in the Galoc field located 65 km (40 mi) northwest of Palawan Island in the Philippines.

Offshore staff

SINGAPORE -- EOC Ltd.'s wholly owned subsidiary, Emas Offshore Construction and Production Pte Ltd. (EOCP) has completed a contract to install subsea facilities and floating production mooring system in the Galoc field located 65 km (40 mi) northwest of Palawan Island in the Philippines.

EOCP was contracted by field operator The Galoc Production Co. W.L.L. (GPC) in August 2007.

"The Galoc field contract is particularly noteworthy because it involved the installation of over 1,200 metric tons (1,323 tons) of equipment on the seabed in a water depth of 290 m (951 ft) whilst being dynamically positioned," says Lim Kwee Keong, EOC's CEO. "We completed the project within schedule and without a single lost time incident. The success of the project is largely due to the shared goals and seamless cooperation at all levels between EOCP and GPC."

The contract was executed byLewek Champion, EOC's first heavy-lift, accommodation and pipelay vessel which is equipped with a class DP-2 system, and an 800-metric ton (882-ton) heavy-lift crane. It can accommodate 500 crew. The vessel is purpose-built for deepwater construction, pipe laying, and accommodation support.

In January, theLewek Champion successfully completed installation of jackets, topsides, pipelines, and FPSO moorings for a platform in Bualuang field in the Gulf of Thailand. This contract was awarded by Green Fields International. The Lewek Champion currently is playing a role in a $148-million joint transport and installation contract with a Malaysian offshore oil and gas group in the Malaysian-Thai Joint Development Area in the Gulf of Thailand.

04/15/2008

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