Chevron has reportedly awarded a key contract for the Escravo Phase 3B gas development off Nigeria
The gas project will see the addition of two platforms to increase the output by another 420 mmcfd from the end of 2014. Upstream quoted industry sources as saying that the supermajor is behind the US$900mn deal recently awarded to Ulsan-based Hyundai Heavy Industries.
The South Korean company recently revealed a contract from an undisclosed client for two offshore gas platforms – one weighing 11,000 tonnes and a second 5000-tonne structure with combined output of 420 mmcfd. The deal will include engineering, procurement, construction, installation and commissioning for the two platforms.