Shell’s massive Olympus tension leg platform (TLP) set sail from Ingleside, Texas on 14th July, for a 425 mile trek to its final home on the Mars Field in the Gulf of Mexico.
For 10 days, tugboats will transport the over 120,000 ton platform to the location where work will begin to secure the platform in place. The Olympus TLP will be moored to the seafloor by tendons grouped at each of the structure’s corners and will float in approximately 3000 feet of water.
The Olympus TLP is Shell’s sixth and largest tension leg platform and will provide process infrastructure for two of Shell’s deep water discoveries, West Boreas and South Deimos. The project also includes pipelines that will be routed through West Delta 143C, the recently installed shallow water platform.
The Olympus TLP is expected to start production in 2014, producing at a rate of 100k boe.
Gulf Island Fabrication, Inc. announced today, that through its subsidiary Gulf Marine Fabricators, it has signed a Letter of Award for the fabrication of a hull for a deep-water Gulf of Mexico project.
Revenue and man-hour backlog is included in the Company’s consolidated backlog reported when the Company announced its earnings results for the quarter ended March 31, 2011.
Gulf Island Fabrication, Inc., based in Houma, Louisiana, is a leading fabricator of offshore drilling and production platforms, hull and/or deck sections of floating production platforms and other specialized structures used in the development and production of offshore oil and gas reserves. These structures include jackets and deck sections of fixed production platforms; hull and/or deck sections of floating production platforms (such as tension leg platforms (“TLPs”)), “SPARs, FPSOs, MinDOCs,” piles, wellhead protectors, subsea templates and various production, compressor and utility modules, offshore living quarters, brown water towboats, other marine vessels, lift boats, tanks and barges. The Company also provides offshore interconnect pipe hook-up, inshore marine construction, manufacture and repair of pressure vessels, dry dock and marine repair services, heavy lifts such as ship integration and TLP module integration, loading and offloading of jack-up drilling rigs, semi-submersible drilling rigs, TLPs, SPARs, or other similar cargo, onshore and offshore scaffolding, piping insulation services, and steel warehousing and sales.