Houlder wins Libya FSO work

Houlder - press release
Wednesday, April 17, 2013

Houlder has been awarded a three year contract to deliver Project Management Consultancy services to Libya’s Mellitah Oil and Gas BV in relation to the design, construction, delivery and hook-up of a new Floating Storage and Offloading System (FSO) and associated subsea systems.

The new Gaza FSO will replace the existing Sloug FSO which has been on site since 1989.

The contract win is a significant success for the company and will secure up to 30 high value marine industry jobs for the duration of the project.

Rupert Hare, Chief Executive Officer (pictured) commented: “We are delighted to be working with Mellitah Oil and Gas B.V. to deliver this prestigious global project and look forward to a long partnership to ensure the timely installation and success of the new FSO.”

Houlder has been supported in securing the project by UK Export Finance (“UKEF”) and Barclays Bank.

Categories: Europe Floating Production

Related Stories

BP Profit Climbs 32% as Company Suspends Buybacks

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

Noble Completes $360M Sale of Five Jack-Ups to Borr Drilling

Current News

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Chevron Enlists Subsea7 for Mediterranean Sea Job

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Subscribe for OE Digital E‑News