Halliburton bags Agbami contract

The US-based KBR oil services firm, a subsidiary of Halliburton, has won the engineering, design and procurement contract for the Agbami FPSO?s topsides.

KBR said in a statement that it was handed the job by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering which was awarded the $1.1 billion engineering, procurement, construction and integration contract to build the vessel’s moorings, hull and topsides, as well as the commissioning job, by Agbami operator ChevronTexaco. DSME will construct the FPSO at its fabrication yard in Okpo.

KBR will execute the topsides engineering, procurement services and interface design for the Agbami project in its offices in Houston, Texas, as well as mobilize Lagos-based NETCO, a Nigerian engineering company. This will create a cost-effective, work-sharing environment while satisfying requirements for local content.

The Agbami field, off the Nigerian coast, ranks among the largest single finds to date in deepwater West Africa, and one of the world’s ten largest discoveries of the past decade. The field is scheduled to come on stream in 2008 with a daily production of about 250,000 barrels of oil.