HFG Wins EPC Contract for Alba Compression Platform

Heerema Fabrication Group (HFG) in the Netherlands has been awarded the EPCI (engineering, procurement, construction and installation) contract for the 6,000 ton Alba PSC B3 compression platform for Marathon Oil Corporation subsidiary Marathon E.G. Production Limited. The new Alba B3 greenfield gas compression platform to be bridge-linked to the existing Alba B2 platform.

Heerema Fabrication Group as the main contractor will manage the overall project from Houston in the United States and subcontract the EPCI scope, including offshore hook-up and commissioning of the platform in Equatorial Guinea, to third parties.

The Alba PSC B3 compression platform will consist of a topsides with a weight of 4,500 tons, a length of 131 feet (40 meters), a width of 131 feet (40 meters) and a height of 114 feet (35 meters). The 4-legged jacket will have a weight of 1,500 tons, a length of 108 feet (33 meters), a width of 108 feet (33 meters) and a height of 265 feet (81 meters).

HFG together with Iv-Oil & Gas in Papendrecht, the Netherlands, will jointly execute the EPC scope from Iv's subsidiary offices Iv-AGA in Houston. Sister division Heerema Marine Contractors in Leiden, the Netherlands, has been subcontracted for the transportation and installation of the platform in the Alba Field offshore Equatorial Guinea. The fabrication scope, including local content fabrication of the flare boom and bridge in Equatorial Guinea, will be tendered during 2013 aiming at offshore installation late 2015 with start-up planned for mid-2016.

Wim Matthijssen, Chief Operating Officer of Heerema Fabrication Group, said: "A challenging project for Heerema Fabrication Group and an opportunity to fully deploy our project management capabilities, which are fundamental for a project's success. An experienced project management team will coordinate the overall project scope from design to commissioning and manage subcontractors and equipment deliveries in order to succesfully deliver a high quality product safely and on time."

The Alba Field is a gas and condensate field located approximately 20 miles (32 kilometers) north of Bioko Island. MEGPL operates the Alba Field on behalf of itself and working interest partners Samedan of North Africa, Inc. a wholly-owned subsidiary of Noble Energy, Inc and Compania Nacional de Petroleos de Guinea Ecuatorial.

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