• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Allseas takes over BP pipelay work after McDemott failure

Simon Osuji by Simon Osuji
October 6, 2023
in Energy
0
Allseas takes over BP pipelay work after McDemott failure
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


BP has awarded a contract to Allseas to complete the subsea pipelay work on the Greater Tortue Ahmeyim (GTA) project, offshore Mauritania and Senegal.

McDermott had begun working on the project earlier this year but pulled out after being unable to perform. The company had deployed its Amazon pipelay vessel to carry out the work but ran into problems and is now in Las Palmas.

The wells on the GTA project are around 80 km from the FPSO. BP has charged Allseas with installing the remaining 75 km on the two 16-inch links, in depths of 1,500 to 2,800 metres. It will also provide four 10-inch CRA infield lines, in around 2,800 km of water.

Allseas will deploy its Pioneering Spirit, the world’s largest construction vessel, to begin in early December 2023. Allseas will also use its Oceanic offshore support vessel.

“This agreement demonstrates both our willingness and ability to take on highly complex and pipelay projects with fast-track planning and execution scopes,” says Pieter Heerema, CEO of Allseas.

“We are excited to work with BP on this project, this opportunity re-establishes the partnership between our two companies and creates a platform on which to grow and strengthen future collaboration between BP and Allseas.”

In order to install the required 10 field termination assemblies (FTAs), Allseas said it would fit the Pioneering Spirit with a 1,000 tonne J-mode installation frame. It has designed this in-house and built at the company’s yard in Heijningen, in the Netherlands.

McDermott announced a restructuring agreement in September, amending and extending debts and bringing in $250 million of new capital.

First gas impact

It was not clear quite when Allseas expected to complete the pipelay. In August, junior partner Kosmos Energy said the operator aimed to finish installing infield flowlines and subsea structures in the first quarter of 2024.

The GTA FPSO is currently offshore South Africa’s east coast, while the Gimi floating LNG (FLNG) vessel is moored in Singapore, according to Marine Traffic.

Golar LNG is building the Gimi vessel to liquefy the gas. The company had said the vessel would leave Singapore in September.

Recommended for you

McDermott used its Derrick Lay Vessel 2000 to perform its first S-lay piggy-back pipelay.

McDermott wins Shell pipelay work in Sarawak



Source link

Related posts

South Africa’s transmission grid to break away from Eskom, says president Ramaphosa

South Africa’s transmission grid to break away from Eskom, says president Ramaphosa

February 13, 2026
Nigeria oil firm Aieto awarded exploration license in Libya’s oil block

Nigeria oil firm Aieto awarded exploration license in Libya’s oil block

February 12, 2026
Previous Post

Connectivity Critical to Transforming Kigali into a Smart City

Next Post

Ethereum Valued More than McDonald’s Despite $11 Million Liquidations

Next Post
Ethereum Valued More than McDonald’s Despite $11 Million Liquidations

Ethereum Valued More than McDonald's Despite $11 Million Liquidations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Hurricane Helene Couldn’t Stop Birders From Using eBird

Hurricane Helene Couldn’t Stop Birders From Using eBird

1 year ago
Australian Army to Finally Introduce ‘Owl’ Electric-Powered Suicide Drone

Australian Army to Finally Introduce ‘Owl’ Electric-Powered Suicide Drone

2 years ago
How Much Is $1,000 in XRP Worth After Gary Gensler

How Much Is $1,000 in XRP Worth After Gary Gensler

1 year ago
Meta adds Hindi and Portuguese support for its AI translation feature for Reels

Meta adds Hindi and Portuguese support for its AI translation feature for Reels

4 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.