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TEAM subsidiary to build mobile offshore production unit

Dubai: Topaz Energy and Marine Ltd, one of the UAE's largest oil and gas service companies, reports its Abu Dhabi-based oil & gas subsidiary Adyard LLC (pictured) has been awarded an AED 130 million contract by Swiss-based Single Buoy Moorings Inc. (SBM)

The contract is for the fabrication of a Mobile Offshore Production Unit (MOPU) for Talisman Energy, one of Canada's largest petroleum companies. The MOPU is to be located on the YME Field in the Norwegian sector of the North Sea.

Commenting on the award Jim Masterton, General Manager for Adyard Abu Dhabi LLC said, "Adyard's expertise in offshore fabrication of heavy structures for the energy industry, as well as our competitive pricing demonstrates our strengths and capabilities as one of the regions' premier oil & gas fabrication companies."  
 
The contract entails the fabrication and load out of the Hull, Topsides and related works.  The process equipment will be fabricated in modules and installed on the hull at the Adyard jetty in Abu Dhabi. The work will be executed at Adyard's 140,000 sqm water front facilities located in the Mussafah industrial area of Abu Dhabi over the next 18 months.  [30/10/07]

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