Hyundai signs Goliat FPSO contract
Artist of the Goliat FPSO
Hyundai Heavy Industries (HHI) has won the tender to build the FPSO unit of the Goliat Project. The tender for the Goliat FPSO was initially floated by Eni Norge AS (Eni) in June 2009.
The contract is worth $1.1 billion (KRW 1.29 trillion) and the FPSO will be delivered to Eni for installation in the Goliat field, 85km northwest of Hammerfest, Norway in the middle of 2013. HHI, as an EPC Contractor, will undertake all the project work covering engineering, procurement, construction, onshore commissioning and optional transportation.
This cylindrical FPSO unit designed by Norway’s Sevan Marine will be able to produce more than 100,000 barrels of crude oil per day and 3.9 million m3 of gas per day and also be able to store 1 million barrels of oil. It will be 112m in diameter, 75m high (incl. 44m of hull) and weigh about 52,000 tonnes. These cylindrical type floaters using Sevan design are already operating in Brazil and the North Sea.
The operator is Eni Norge AS (65%) together with partner Statoil Petroleum AS (35%) and the Goliat field is the first oil field to be developed in the Norwegian sector of the Barents Sea.
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