Fluor Corp. has been awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading vessel in the North Sea. Fluor booked the undisclosed contract value in the fourth quarter of 2017.
The vessel will have a production capacity of 45,000 barrels of oil equivalent per day, and can store up to 400,000 barrels. It will be designed to operate continuously for 20 years without dry docking and will help extend the life of the Penguins oil and gas fields, according to a news release.
“We are pleased to partner with Shell in the U.K. as they make this significant investment in their North Sea operations,” said Jim Brittain, president of Fluor’s energy and chemicals business, in the release. “We leveraged Fluor’s full range of integrated solutions to drive down the project’s costs and our fabrication capabilities were a clear differentiator. This award demonstrates Fluor’s ability to design, fabricate and deliver high-quality, capital-efficient offshore facilities globally.”
The project will be led by Fluor’s Manila, Philippines office.
Fluor is based in Irving, Texas and has offices in Greenville.