SBM signs Cossack FPSO contract

Offshore staff

SCHIEDAM, Netherlands -- SBM Offshore has signed a full scope turnkey supply contract for a disconnectable FPSO for Woodside Energy and the Cossack Wanaea Lambert Hermes (CWLH) Joint Venture. The project started in May under a previously announced letter of intent.

The FPSO will replace the currently operating FPSOCossack Pioneer in 4Q 2010. The SBM Offshore owned FSO Okha will be used for conversion into an FPSO with a disconnectable turret. The vessel is currently under contract with SEIC for operations in Sakhalin until December this year. It will sail to Keppel shipyard in Singapore for conversion and integration of the process modules and turret.

12/03/2008