Text displays next to diagram: VITO IS MORE THAN 4000 FT BELOW SURFACE. Email us at btuserfeedback@sph.com.sg. Contractors involved with Vito deepwater development. Artist’s impression of the Whale Floating Production Unit (FPU) The agreement precedes a final investment decision for the full Whale project , expected to be made next year by Shell. Wael Sawan sits facing camera. This contract includes installation of Shell-furnished equipment, and follows a Letter of Intent between the two parties announced on December 5, 2017. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. We’re not just competing with our history, we are competing with the best that the world has to offer. Supported by the Vito FPU’s 4-column semi-submersible hull, the topsides weigh 9,200 tonnes and are designed … Vito is the first primary example of going for more and more competitive resilience. Like the Vito FPU, the entire Whale FPU topside will be integrated and commissioned on ground level at Tuas Boulevard Yard in order to minimise work-at-height risks for the workers, said SembMarine. Tell us what kind of news matters to you! Vito is expected to reach peak production of approximately 100,000 barrels of oil equivalent (boe) per day, which represents a significant contribution to Shell’s continued growth in the Gulf of Mexico. By signing up, you agree to our Privacy Policy and Terms and Conditions. Shell Offshore Inc. has let a front-end engineering and design contract for the Vito platform in the Gulf of Mexico to Jacobs Engineering Group Inc. of Dallas. Contractors involved Shell Offshore contracted Sembcorp Marine Rigs & Floaters to construct and integrate the topside and hull, in November 2019. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico with a forward looking break-even price estimated to be less than $35 per barrel. The development currently has an estimated, recoverable resource of 300 million boe. SembMarine shares closed down S$0.01 or 0.7 per cent to S$1.37 on Thursday. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Vito floating production unit (FPU) Sembcorp Marine secures contract to construct & integrate Shell Offshore's Vito FPU. Shot changes to a close-up, side view of him. The integrated Vito FPU will be fabricated in Singapore and then transported to the Gulf of Mexico onboard COSCO’s 98,000mt dwt Xin Guang Hua. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard, the builder said. Subscribe to t.me/BizTimes. VERIFICATION EMAIL. Ltd. has signed a letter of intent (LoI) with Shell Offshore Inc. for the construction of the hull and topsides as well as the integration of the Vito floating production unit (FPU).. Sembcorp Marine has been officially awarded a contract for Shell Offshore’s Vito semi-submersible Floating Production Unit (FPU). Sembcorp Marine said on Friday that it paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas … Close up side view of Kurt Shallenberger talking. Read more about Shell’s deep-water work around the world. Animated drawing showing a drilling platform being built. Today’s print edition of BT, delivered to your inbox. Vito FPU’s four-column semisubmersible hull will support topsides weighing 9,200 tonnes. Vito will be Shell’s 11th deep-water project in the area. Following assets are shown from left to right with the year and the depth at which the asset drills: In May 2019, Shell started production at Appomattox, a deep-water oil and gas development that is Shell’s largest floating platform in the Gulf of Mexico. Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even … @media (min-width: 768px) { .sm-text-left {text-align: left; } }. Shell contracted Jacobs Engineering Group to carry out the detailed engineering and front-end engineering design (FEED) studies for the topsides of the Vito FPU. I’m very proud of the Vito family we’ve created. Front view of Kurt Shallenberger facing camera. Photo by Helix ESG from Flickr, CC BY-SA 2.0 It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. Sign up This is the minimum scope that is required, question ourselves have we added functionalities that we really don’t need, and also it is one of those core beliefs that simpler is safer. Shell Vito. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU… Sembcorp Marine and Shell have signed a letter of intent for Sembcorp to construct the hull and topside for Shell’s Vito floating production unit (FPU). Comprising a single topside module supported by a 4-column semisubmersible floating hull, the Vito FPU is designed with a throughput capacity of 100,000 bpd of oil and 100 MMSCFD of gas. “We are delighted that Shell has awarded the Vito FPU contract to us. It is currently scheduled to begin producing oil in 2021. Vito plays into deep water’s future by learning how to make the possible affordable. The visual shows the ocean with 16 offshore oil & gas assets on the surface. An artist's impression of the Whale Floating Production Unit (FPU). Animated view of drilling platform being built. Location: Gulf of Mexico, 240 kilometres (150 miles) southeast of New Orleans, Interests: Shell (63% operator) and Statoil USA E&P Inc. (37%), Production: An estimated 100,000 barrels of oil equivalent (boe) per day at peak production. The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. For now we have a project that is robust, that we can execute and we can get on production by 2021. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. Tell us what you think. COSCO SHIPPING Specialized has been awarded a transportation contract by Shell for the Vito floating production unit (FPU). In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. In May 2019, Sembcorp Marine won a construction and integration contract from Shell for the Vito semi-submersible FPU. Read about how two deep-water geologists came out of retirement to help make the Vito project happen. What is Shell's Net Carbon Footprint ambition? The company plans to leverage synergies from this ongoing project for the Whale FPU. Slated for completion in 2022, it will operate in the Alaminos Canyon Block 772 in the Gulf of Mexico. In 2015, Shell began to redesign the Vito project, reducing cost estimates by more than 70% from the original concept. SINGAPORE– Sembcorp Marine Ltd. subsidiary Sembcorp Marine Rigs & Floaters Pte. Singapore’s Sembcorp Marine Ltd has won a contract by Shell to construct and integrate the hull, topsides and living quarters of the Vito semi-submersible Floating Production Unit (FPU). COSCO SHIPPING Specialized has been awarded a transportation contract by Shell for the Vito floating production unit (FPU).. SEMBCORP Marine Rigs & Floaters has won a contract from Shell Offshore to build and integrate the topside and hull of a floating production unit (FPU) in the Gulf of Mexico. Whale field FPU contract : Sembcorp Marine Rigs & Floaters has bagged a contract from Shell Offshore to construct and integrate the topside and hull of a floating production unit (FPU) for the Whale field located in the US Gulf of Mexico (GoM). Aerial views of different drilling platforms at sea. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. The Vito host will be located in the Mississippi Canyon Block 984 in the US Gulf of Mexico, south of New Orleans. An arrow moves from New Orleans to where Vito is to be sited 150 miles South East of New Orleans. Jacobs Engineering was awarded the front-end engineering design (FEED) and detailed engineering contract for the topsides of the Vito FPU, in November 2016. The Whale FPU project is not expected to have a material impact on the net tangible assets per share and earnings per share of SembMarine for the year ending Dec 31, 2019. Vito’s cost savings are due to the simplified design, in addition to working collaboratively with vendors in a variety of areas including well design and completions, subsea, contracting and topsides design. Sembcorp is constructing the Vito FPU at its Tuas Boulevard Yard in Singapore. "It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at SembMarine’s Tuas Boulevard Yard," said SembMarine in a Friday morning bourse filing. The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. Animated drawing showing a drilling platform being built. A bank of monitors is behind him. Wine and dine or plan your next holiday with BT’s weekend newsletter. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25 000 t. Shell executed a contract with Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters for the construction of the hull and topsides, as well as the integration of the Vito FPU. Shell Pecten centred on a white background with text displaying below. A final investment decision (FID) on the Whale field development is likely to be made in 2020 by Shell. Vito is a deep-water development in the U.S. Gulf of Mexico for which Shell in April made a Final Investment Decision , with the break-even price estimated to be less than $35 per barrel. Vito is another pivotal moment but not about going deeper but making it affordable and repeatable. A round-up of all the important things that happened today. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Close-up, side view of Kurt Shallenberger talking about the future of Vito. Shot changes to show a coastline map with New Orleans pinned in red. All ground-breaking moving deep water. Britain's IG to buy tastytrade for US$1b in US foray, Bitcoin losses gather pace, with prices nearing three-week low, Thai regulator approves AstraZenca vaccine for emergency use, AirAsia Group to raise up to US$113m via private placement, Singapore's Covid-19 task force mulling new restrictions ahead of Chinese New Year, Hot stock: Oceanus shares surge 8.2%, prompting SGX query, CDL expects 'material impairment loss' on investment in Sincere Property, Broker's take: DBS says Wilmar deserves a higher valuation multiple than CPO peers, Penguin chairman, MD in tie up with Dymon Asia fund to take firm private. Project overview. The Whale FPU project will leverage significant synergies from the Vito FPU, which is under construction at the shipyard. By signing up, you agree to our Privacy Policy and Terms and Conditions. The Vito FPU will be located in more than 4,000 feet of water in the Mississippi Canyon Block 984 in the Gulf of Mexico approximately 150-miles southeast of New Orleans. Email us at btuserfeedback@sph.com.sg Other than the Whale and Vito FPUs, Sembcorp Marine’s project track record in the Gulf of Mexico includes previous deliveries of eight semi-submersible drilling rigs and one semi-submersible hull. 198402668E. One of a series of deepwater development projects in the Gulf of Mexico undertaken by Shell, the 9,200 tonne topsides of the Vito floating production unit (FPU) will have the capacity to process 100,000 bopd and 100 million mscf per day of gas. In the offshore business there are pivotal moments: Cognac, Bullwinkle, Auger, Perdida. Artist’s impression of drilling platform in yellow against a vivid blue sky. The deepwater field is operated by Shell (60%), which is partnered by Chevron U.S.A. (40%). premium content on your favourite platforms. The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. Please confirm for access to all your SPH accounts. Shell has a long history of developing energy projects using its knowledge, experience and proven deep-water technologies to unlock new resources safely and efficiently. According to Sembcorp Marine, the entire Whale field FPU topside, like the Vito FPU, will be integrated and commissioned on ground level at Tuas Boulevard Yard to minimize work-at-height risks for the workers. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. Shell’s major projects show our technology and expertise in action. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. Stay updated with BT newsletters It is currently scheduled to begin producing oil in 2021. View over the sea at Sunrise. Tell us what you think. All you need to know to start your day, right in your inbox. Side view of Edwin Verdonk talking about Vito. Vito will be Shell’s 11 th deepwater platform in the Gulf of Mexico. Caption: Artist's impression of the Whale Floating Production Unit (FPU) The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. This team has the opportunity to take their creativity and really be the pace-setters for what’s to come in deep water. SINGAPORE (May 21): Sembcorp Marine has secured a contract by Sell Offshore to construct and integrate the hull, topsides and living quarters of the Vito … Hello, your email is unverified. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico. Closer shot of part of drilling platform with sign on side with AUGER in large red letters. The Vito development is owned by Shell Offshore Inc. (63.11%, operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 ft of water, approximately 150-miles southeast of New Orleans and is currently scheduled to begin production in 2021. 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Shell invests in the Vito development in the Gulf of Mexico. Insights into the fast-growing markets in the region. Your feedback is important to us Side view, close-up of Eirik Sorgard talking about the construction of Vito. Description:  Pivotal moments in the offshore business. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. Melodic instrumental music featuring strings. For daily updates on weekdays and specially selected content for the weekend. Production Unit (FPU) for the Whale field in the Gulf of Mexico. The Vito contract is the third project to be awarded to COSCO SHIPPING… A shot of sun going down, reflected on surface of sea. "It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at SembMarine’s Tuas Boulevard Yard," said SembMarine in a Friday morning bourse filing. The awarding of the final contract will depend on Shell and its partners sanctioning the project. Currently, Sembcorp is building Shell Vito FPU at its Tuas Boulevard Yard in Singapore. Front view of Kurt Shallenberger facing camera talking about Vito. [LONDON] Britain's IG said it plans to buy US trading platform tastytrade for US$1 billion, venturing into North... [LONDON] Bitcoin closed in on the lowest in three weeks as the cryptocurrency's sizzlying rally gives way to... [BANGKOK] Thailand's Food and Drug Administration (FDA) has granted emergency use approval for the Covid-19 vaccine... [KUALA LUMPUR] AirAsia Group plans to undertake a private placement to raise up to US$113 million to address... [FRANKFURT] European Central Bank governors on Thursday held back from tweaking their pandemic stimulus for the... © 2021 SINGAPORE PRESS HOLDINGS LTD. REGN NO. Floating Production Unit (FPU), including installation of owner-furnished equipment Customer: Shell Offshore Inc. Operation: Mississippi Canyon, US Gulf of Mexico 13 Shell Vito FPU Construction and Integration of FPU Hull, Topsides and Living Quarters Projects Under Execution: Process Solutions Now some of them are back in demand. There is the philosophy that went into constructing it. Weekly insights into the world of startups. Sembcorp said that it paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. The integrated Vito FPU will be fabricated in Singapore and then transported to the Gulf of Mexico onboard COSCO’s 98,000mt dwt Xin Guang Hua.. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico with a forward looking break-even price estimated to be less than $35 per barrel. Most of the deep-water pioneers have retired. RESEND Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters also will handle integration of the FPU, which will be deployed in the Mississippi Canyon area of the Gulf of Mexico, approximately 150mi south of New Orleans, La., in 4050ft of water. Animated diagram of drilling platform at sea level showing the depth the drills go beneath water. It also shows the seabed with different depths on the left with a depth meter ranging from 200 to 3,000 metres deep, in steps of 200 metres. Perdido is the world’s deepest spar, and the second-deepest oil and gas production hub. In the foreground the hook of a crane rises. Offshore staff. Erik Sorgard, facing camera talking about Vito project. In April 2018 Shell took the final investment decision to develop the Vito deep-water project in the US Gulf of Mexico. Producing energy resources deep beneath the world’s oceans has been going on for 40 years. 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