Seatrium Ltd and Shell have signed a memorandum of understanding (MoU) to strengthen collaboration opportunities in floating production units (FPUs)
The MoU, which focuses on driving project standardisation and replication, seeks to promote best practices in the design and construction of floating production systems.
Both parties said they intend to leverage their experience and know-how from previous projects to mature and realise further benefits of replication, tapping on each other’s competencies and technologies and incorporating lessons learned from past projects.
Seatrium and Shell have worked together on various projects over the years, including the recently announced Sparta FPU, which is conceived as a replicable project to leverage the Group’s topsides single-lift integration methodology, following the fabrication of Vito and Whale FPU newbuilds in 2021 and 2023 respectively.
Seatrium Oil & Gas (International) executive vice president William Gu said the yard is pleased to deepen its collaboration with Shell.
“We look forward to continue working with Shell to mutually learn and develop best-in-class project management practices to achieve operational efficiency in future floater projects, benefiting both parties” he said.
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