Most of the deep-water pioneers have retired. I’m very proud of the Vito family we’ve created. For daily updates on weekdays and specially selected content for the weekend. 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 … Side view of Edwin Verdonk talking about Vito. Read about how two deep-water geologists came out of retirement to help make the Vito project happen. 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. 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. Now some of them are back in demand. Producing energy resources deep beneath the world’s oceans has been going on for 40 years. All you need to know to start your day, right in your inbox. 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. Front view of Kurt Shallenberger facing camera. A round-up of all the important things that happened today. 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. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25 000 t. Wine and dine or plan your next holiday with BT’s weekend newsletter. 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. 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. Contractors involved Shell Offshore contracted Sembcorp Marine Rigs & Floaters to construct and integrate the topside and hull, in November 2019. 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. Vito floating production unit (FPU) Sembcorp Marine secures contract to construct & integrate Shell Offshore's Vito FPU. 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. An arrow moves from New Orleans to where Vito is to be sited 150 miles South East of New Orleans. 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. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. 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. Insights into the fast-growing markets in the region. VERIFICATION EMAIL. "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. COSCO SHIPPING Specialized has been awarded a transportation contract by Shell for the Vito floating production unit (FPU).. “We are delighted that Shell has awarded the Vito FPU contract to us. 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. Animated drawing showing a drilling platform being built. 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. The Whale FPU project will leverage significant synergies from the Vito FPU, which is under construction at the shipyard. COSCO SHIPPING Specialized has been awarded a transportation contract by Shell for the Vito floating production unit (FPU). Melodic instrumental music featuring strings. 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. Sembcorp Marine has been officially awarded a contract for Shell Offshore’s Vito semi-submersible Floating Production Unit (FPU). Perdido is the world’s deepest spar, and the second-deepest oil and gas production hub. All ground-breaking moving deep water. Animated drawing showing a drilling platform being built. Side view, close-up of Eirik Sorgard talking about the construction of Vito. View over the sea at Sunrise. Subscribe to t.me/BizTimes. Shell invests in the Vito development in the Gulf of Mexico. Supported by the Vito FPU’s 4-column semi-submersible hull, the topsides weigh 9,200 tonnes and are designed … 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. 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 … Slated for completion in 2022, it will operate in the Alaminos Canyon Block 772 in the Gulf of Mexico. Email us at btuserfeedback@sph.com.sg. In the offshore business there are pivotal moments: Cognac, Bullwinkle, Auger, Perdida. "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. 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. Currently, Sembcorp is building Shell Vito FPU at its Tuas Boulevard Yard in Singapore. In 2015, Shell began to redesign the Vito project, reducing cost estimates by more than 70% from the original concept. 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. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Hello, your email is unverified. 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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. The visual shows the ocean with 16 offshore oil & gas assets on the surface. The Vito host will be located in the Mississippi Canyon Block 984 in the US Gulf of Mexico, south of New Orleans. 198402668E. In April 2018 Shell took the final investment decision to develop the Vito deep-water project in the US Gulf of Mexico. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Shell Pecten centred on a white background with text displaying below. 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. 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 awarding of the final contract will depend on Shell and its partners sanctioning the project. Vito will be Shell’s 11 th deepwater platform in the Gulf of Mexico. The development currently has an estimated, recoverable resource of 300 million boe. Shot changes to show a coastline map with New Orleans pinned in red. A bank of monitors is behind him. Project overview. Offshore staff. Text displays next to diagram: VITO IS MORE THAN 4000 FT BELOW SURFACE. premium content on your favourite platforms. Aerial views of different drilling platforms at sea. Vito will be Shell’s 11th deep-water project in the area. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. It is currently scheduled to begin producing oil in 2021. Vito is the first primary example of going for more and more competitive resilience. Shell Vito. Email us at btuserfeedback@sph.com.sg 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. Vito FPU’s four-column semisubmersible hull will support topsides weighing 9,200 tonnes. 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Animated view of drilling platform being built. 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 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. 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. Wael Sawan sits facing camera. There is the philosophy that went into constructing it. 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). By signing up, you agree to our Privacy Policy and Terms and Conditions. Front view of Kurt Shallenberger facing camera talking about Vito. 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 … SembMarine shares closed down S$0.01 or 0.7 per cent to S$1.37 on Thursday. 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. 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. The company plans to leverage synergies from this ongoing project for the Whale FPU. RESEND 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 and Shell have signed a letter of intent for Sembcorp to construct the hull and topside for Shell’s Vito floating production unit (FPU). This team has the opportunity to take their creativity and really be the pace-setters for what’s to come in deep water. Close-up, side view of Kurt Shallenberger talking about the future of Vito. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU… Vito plays into deep water’s future by learning how to make the possible affordable. [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. Artist’s impression of drilling platform in yellow against a vivid blue sky. Today’s print edition of BT, delivered to your inbox. 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 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. Stay updated with BT newsletters 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. Sign up A final investment decision (FID) on the Whale field development is likely to be made in 2020 by Shell. Tell us what kind of news matters to you! Tell us what you think. Contractors involved with Vito deepwater development. In the foreground the hook of a crane rises. Your feedback is important to us 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.. A shot of sun going down, reflected on surface of sea. 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. 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 Weekly insights into the world of startups. For now we have a project that is robust, that we can execute and we can get on production by 2021. What is Shell's Net Carbon Footprint ambition? 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. Production Unit (FPU) for the Whale field in the Gulf of Mexico. Erik Sorgard, facing camera talking about Vito project. @media (min-width: 768px) { .sm-text-left {text-align: left; } }. Description:  Pivotal moments in the offshore business. We’re not just competing with our history, we are competing with the best that the world has to offer. 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. 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. Animated diagram of drilling platform at sea level showing the depth the drills go beneath water. 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. Sembcorp is constructing the Vito FPU at its Tuas Boulevard Yard in Singapore. Photo by Helix ESG from Flickr, CC BY-SA 2.0 By signing up, you agree to our Privacy Policy and Terms and Conditions. Please confirm for access to all your SPH accounts. Jacobs Engineering was awarded the front-end engineering design (FEED) and detailed engineering contract for the topsides of the Vito FPU, in November 2016. An artist's impression of the Whale Floating Production Unit (FPU). SINGAPORE– Sembcorp Marine Ltd. subsidiary Sembcorp Marine Rigs & Floaters Pte. This contract includes installation of Shell-furnished equipment, and follows a Letter of Intent between the two parties announced on December 5, 2017. 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). Shell’s major projects show our technology and expertise in action. Read more about Shell’s deep-water work around the world. 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. The Whale FPU comprises a topside module and a four-column semi-submersible floating hull, with a combined weight of 25,000 tonnes. In May 2019, Sembcorp Marine won a construction and integration contract from Shell for the Vito semi-submersible FPU. 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. The agreement precedes a final investment decision for the full Whale project, expected to be made next year by Shell. The Vito contract is the third project to be awarded to COSCO SHIPPING… The deepwater field is operated by Shell (60%), which is partnered by Chevron U.S.A. (40%). 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