McDermott gets EPC work for Exxon at Julia

Exxon Mobil Corp. (NYSE:XOM) has contracted McDermott International (NYSE:MDR) for engineering, procurement, and construction work on the Julia development in deepwater Gulf of Mexico.

Offshore staff

HOUSTON – Exxon Mobil Corp. (NYSE:XOM) has contracted McDermott International (NYSE:MDR) for engineering, procurement, and construction work on the Julia development in deepwater Gulf of Mexico.

The scope of work covers jumpers, four suction piles associated with the manifold, subsea pump, pump transformer and subsea distribution unit/umbilical termination assembly, as well as the transportation and installation of the manifold, suction piles, flying leads, subsea pump system, the power andcontrol umbilicals, and SDU/UTAs. McDermott will also carry out testing of the tieback system and mechanical completion before hand over to the customer.

Offshore installation is expected to begin in 2Q 2015 and extend through 2015. McDermott says it will use itsDerrick Barge 50and North Ocean 102 vessels on the project.

Julia is 265 mi (426 km) southwest of New Orleans in the GoM Walker Ridge area in water depths of approximately 7,000 ft (2,134 m). Julia Phase I encompasses a subsea tieback to a semisubmersible floating production unit, and includes six subsea wells, one six-slot manifold, two umbilicals, six jumpers, two flowlines withtwo steel catenary risers, two subsea pump modules, and topsides support equipment. Production will flow through two 10-in. production flowlines with subsea single-phase boost pumps. Exxon Mobil, the operator, and Statoil each hold a 50% interest in Julia.

7/01/2013

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