HOUSTON– China’s Offshore Oil Engineering Co. Ltd. (COOEC) has contracted Keppel FloaTEC LLC to provide engineering services for the Lingshui 17-2 semisubmersible production platform.
Keppel FloaTEC’s work includes the review and the independent design verification of the semisub’s hull, mooring, riser, and deck structure. The planned facility for Lingshui 17-2 is said to be the world’s firstdeepwater semisubmersible production floater with condensate storage facilities.
Discovered in 2014 and located about 150 km (93.2 mi) south of Hainan Province, Lingshui 17-2 is in about 1,500 m (4,921 ft) of water in the South China Sea. The development plan involves installing a semisubmersible production platform with condensate storage andsubsea production system.
When completed, the field is expected to produce about 3-3.5 bcm of gas per year.
COOEC is the main engineering, procurement, construction, and installation contractor for the project.