The international reach of GCC-based oil industry suppliers continues to grow as more contracts are awarded to the region.
Topaz Energy and Marine has made one of the latest announcements, with its Abu Dhabi-based oil and gas subsidiary Adyard having been awarded an AED 130 million contract by Swiss-based Single Buoy Moorings (SBM).
The fabrication deal covers a Mobile Offshore Production Unit (MOPU) for Talisman Energy, one of Canada’s largest petroleum companies. The MOPU is to be located on the YME Field in the Norwegian sector of the North Sea.
“Adyard’s expertise in offshore fabrication of heavy structures for the energy industry, as well as our competitive pricing demonstrates our strengths and capabilities as one of the regions’ premier oil and gas fabrication companies,” said Jim Masterton, general manager for Adyard Abu Dhabi.
The contract entails the fabrication and load out of the hull, topsides and related works. The process equipment will be fabricated in modules and installed on the hull at the Adyard jetty in Abu Dhabi. The work will be executed at Adyard’s 140 000 m2 water front facilities located in the Mussafah industrial area of Abu Dhabi over the next 18 months.
SBM is a market leader in the conversion and operation of Floating Production, Storage and Offloading vessels (FPSO’s) worldwide and this award marks the fourth contract SBM has awarded to Adyard over the last 12 months.
