With a total value of around $1.22 billion the contracts involve an FPSO, and a subsea umbilicals, risers and flowlines (SURF) package.
The SURF contract includes the engineering, procurement and construction of about 90km of steel production, water and gas injection flowlines, 70km of steel tubes umbilicals, 25km of flexible risers and an oil offloading system. It also involves the pre-installation of the FPSO mooring system, the FPSO tow from construction yard and mooring hook-up, the installation of manifolds and all associated subsea tie-in operations.
The FPSO will be anchored in about 1,300m of water and will be capable of producing 240,000 barrels of oil per day and a storage capacity for two million barrels. It will also include two processing trains.
At its recent AGM 98.6% of TotalFinaElf SA shareholders also approved a resolution to change the company name to Total SA in a bid to improve its image.