Redtech Offshore awarded SPT Offshore a contract on the decommissioning and relocation of the Ophir wellhead platform to the Jitang field offshore Malaysia.
The execution of this Malaysian first relocation scope is scheduled in the summer of 2019.
The relocation scope, which is based on a one-piece lift (topside + jacket) is part of the Decommissioning, Relocation, Modification & Commissioning (DRMC) contract for end-client Vestigo Petroleum, a wholly-owned subsidiary of PETRONAS.
SPT Offshore setting the new benchmark for re-usable platforms in a very demanding and environmentally orientated market.
“By spreading the fabrication costs over two or more marginal fields, 30% cost and time savings can be achieved compared to new build. As a considerable number of marginal fields now become a viable option with even low oil prices, we see much potential in suction pile based jackets in Malaysia,” says Mark Riemers, Managing Director of SPT Offshore.