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SRP awarded a multi-million pound contract with Total

16th January 2014

This is the first time SRP has been working under a contract with Total

Moho Nord map

Subsea Riser Products (SRP), a company that is part of the ACTEON Group, has been granted a multi-million pound contract with Total to provide a 3,500-psi drilling riser and deployment tooling for the Moho Nord project in the Republic of Congo.

The project, according to Total, will have the capacity to supply 140,000 barrels of oil equivalent per day (boe/d) with first oil expected in 2015.

The UK-headquartered firm, which specialises in subsea equipment and services, is working with France’s Total for the first time under a direct contract.

The contract includes 43 joints for drilling from a tension leg platform in a water depth of 780 meters and located 75 km off the coast of Pointe Noire.

All manufacturing and assembly work will occur in the UK and mainland Europe, while the equipment will be delivered by March 2015.

The project will require skills from a range of departments within SRP, particularly design, engineering, quality control and procurement.

According to Johnny Shield, the managing director at SRP, “This is a major project award that confirms our ability to engineer and provide complex turnkey riser projects directly to major oil and gas companies."

This contract provides a solid base from which SRP will grow and provide its riser engineering and procurement capability offering to other companies. A key aspect of the contract win was our ability to deliver to the highest quality level against an aggressive schedule at a competitive price.”

 

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