Fluor Corporation (NYSE: FLR) announced today that its joint venture COOEC-Fluor Heavy Industries, Co., Ltd. ( COOEC-Fluor) fabrication yard has safely completed fabrication of the topsides, living quarters and drilling modules for the CNOOC HZ32-5/33-1 Oilfield Joint Development Project. The modules sailed away on schedule in July, destined for the Huizhou 32-5 oilfield development approximately 105 miles southeast of Hong Kong in the Pearl River Mouth basin of the South China Sea.
“Both the COOEC-Fluor and CNOOC project management teams successfully overcame numerous challenges to complete the onshore construction as scheduled, with zero punch list items for onshore fabrication work,” saidLianfeng Yang, CNOOC’s engineering, procurement and construction project manager. “We look forward to the COOEC-Fluor team successfully completing the close-out activities and sea fastening work.”
The fabrication yard delivered to the aggressive schedule and fabricated the 4,000-ton, 4-deck topsides in less than 12 months with no follow-on work. Safety, a core value of the COOEC-Fluor yard, was at the forefront of all activities and the team achieved 1.5 million work hours without a lost-time incident.
“The project team optimized the fabrication methods and onshore commissioning scope, which minimized the schedule-intensive offshore installation requirements to maintain schedule,” said Chris Vertanness, vice president of Fluor and director of operations at the COOEC-Fluor fabrication yard. “The team’s planning, productivity and execution excellence enabled the delivery of the modules with the safety and schedule certainty our clients expect.”
The platform is expected to continue to produce oil until after 2030.
Source: Fluor Press Service