Sheffield Forgemasters has won a serious contract with Shell for offshore castings to use in the West (GoM).
Following binding agreement win earlier this year with Samsung Heavy Industries for any first GoM offshore project to get sanctioned since offshore oil and gas markets crashed eighteen months ago, another offshore platform commissioned sees Forgemasters chosen for the method to obtain engineered cast components to Shell.
The project will spot the company’s offshore oil & gas specialist, Vulcan SFM, deliver 10 riser basket components weighing approximately 11.5 tonnes each for your semi-submersible platform which is to be deployed in the GoM for Shell’s Vito development.
“These two contracts are the initial indication of any revisit offshore work after having a complete cessation newest energy developments using a worldwide basis which came into effect should the price of oil plummeted in 2015,” Paul Mockford, Design Director at Vulcan SFM.
“We have already been fortunate which our knowledge of the realm of supply to offshore projects, in addition to our long-term relationships with the major oil companies including Shell, helped us to a prime position to secure contracts over the first 2 projects commissioned requiring offshore platforms in many more than 2 years.
“To win successive contracts such as this, of what has become a very hungry supply chain resulting from a lack of offshore developments, is not any small feat and is underpinned by our quality of manufacture and our unique expertise and experience in this market.
“Although it’s too early to speculate how the offshore coal and oil industry is creating any style of quantitive return, the commencement of operations from the Gulf coast of florida have become encouraging developments, as it is the rise in oil prices since they approach 60 USD per barrel.”
Vulcan SFM will cast the riser baskets at Sheffield Forgemasters’ Brightside Lane foundry. They will be connected hull with the platform, in this instance a semi-submersible, to support the various risers arising in the sea-bed.
Mockford added: “The components we shall supply are open cylinders with the internal profile which provides an impact surface to directly retain the riser.”
The Vito platform may be a planned 24,000-tonne production unit. Fabrication from the platform has to be awarded but Shell has started securing suppliers for crucial components.
Sheffield Forgemasters started manufacture of the ingredients for Shell in August and the completion is expected by June 2018. The company provides a long good reputation for supply into offshore gas and oil exploration and has pioneered many designs and materials, which include cast steel nodes and tethering components, which can be used in coal and oil fields around the world.
Vito’s 2009 discovery well was opened in the Gulf of Mexico’s Mississippi Canyon Block 984 for a depth of over 4,000 feet of water and can even hold greater than 300 million barrels of oil.