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Sembcorp Marine and Shell sign FPU letter of intent

Sembcorp Marine and Shell sign FPU letter of intent
Sembcrop Marine subsidiary Sembcrop Marine Rigs & Floaters has signed a letter of intent (LOI) with Shell for the construction of the hull and topside as well as the integration of the Vito floating production unit (FPU).

If the project moves forward, the Vito FPU will be a new facility located in the Mississippi Canyon, approximately 150 miles south of New Orleans, Louisiana, USA, in water depth of 4,050 ft.

Comprising a single topside module supported by a four column semisubmersible floating hull, the Vito FPU is designed with a throughput capacity of 100,000 barrels per day of oil and 100 MMSCFD of gas.

Final contract award will be dependent upon Shell and its partners sanctioning the project.

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