SBM Offshore provide FRAM FPSO update
Friday, Feb 22, 2013

SBM Offshore confirms it has been notified by Shell, that in light of unexpected well results, they have decided to reassess the development plan for the Fram oil and gas field in the UK North Sea and not to continue with several key contracts associated with this development including the FPSO.

SBM Offshore has been working on an FPSO solution for this field under a letter of interim award (LoIA) announced on 15 June 2012. As the project was awaiting contract finalisation, it had not been included in SBM Offshore's project portfolio and backlog as published on 14 February 2013.

Source: SBM Offshore

To access over 3,000 of the latest oil projects from across the world visit Projects OGP for free trial today

Member Profiles

Featured Profile

Featured White Paper

Featured Case Study

Featured Video