Oceaneering Awarded Mobile Offshore Production Systems Contract

Oceaneering Production Systems, Houston, Texas, recently announced that Amoco-Gabon Gombe Marin Company, a subsidiary of Amoco Production Company, has awarded Oceaneering International Services Limited a contract to provide a Floating Production Storage and Offloading (FPSO) system to be installed in the Gombe-Beta Field offshore Bagon.

Oceaneering will provide and operate a 78,000-dwt FPSOI, including the hookup to the wells and offloading systems for the shuttle tankers.

The system, which will be installed using a disconnectable six-point spread mooring, will be able to process up to 15,000 barrels of oil per day and will handle production from two wells in the field. Oceaneering will serve as the production contractor, responsible for all engineering, vessel conversion, procurement, project management, installation, operation, and removal of the system following expiration of the least period. The system will then become available for leasing to other operators.

Oceaneering International, Inc., together with its affiliate companies, is one of the world's largest underwater services companies.

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