McDermott International has been awarded a large contract (defined by the company as between $50 and $250 million) by BHP to provide subsea umbilicals, risers, and flowlines (SURF), transportation and installation, and precommissioning of one jacket and topsides for the Ruby Project, offshore Trinidad and Tobago.
The project will begin immediately with completion projected in August 2020.
The Ruby field resides in the Block 3(a) development area of Trinidad & Tobago, approximately 28 miles off the northeastern coast of Trinidad.
"We are pleased to support BHP in this new contract that continues to build on our successful track record in Trinidad ," said Mark Coscio, senior vice president, North, Central, and South America. "The combination of heavy lift and pipelay capabilities of McDermott's Derrick Lay Vessel (DLV) 2000 are best suited for this project as it can efficiently transport and install both the flowlines and platform."
McDermott successfully executed a similar installation scope for the BP Trinidad & Tobago (BPTT) Angelin project last year. It also was awarded a contract in January of 2019 by BPTT for the engineering, procurement, and construction of the Cassia Compression Platform, located 35 miles southeast off the coast of Trinidad .
Engineering and project management of the project will be performed in Houston with engineering support from McDermott's Mexico City office. McDermott's DLV 2000 is scheduled to transport and install the flowlines and platform.
Snapshot: Ruby Project
- Sanctioned last August, the total investment for the oil and gas project is approximately $500 million
- Resources reside in Ruby and Delaware reservoirs
- The project comprises five production wells tied back using the latent capacity of the existing processing facilities, proven technology of the existing operated asset, and newly acquired ocean-bottom node seismic imaging
- Estimated Recoverable 2C Resources of 13.2 million bbl of oil and 274 Bcf of gas.
- First production is expected in 2021
- Estimated to increase production by ~16,000 B/D of oil and and ~80 MMscf/d of gas at its peak.