Photo by Helix ESG from Flickr, CC BY-SA 2.0 Email us at btuserfeedback@sph.com.sg. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico with a forward looking break-even price estimated to be less than $35 per barrel. Shell executed a contract with Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters for the construction of the hull and topsides, as well as the integration of the Vito FPU. This is the minimum scope that is required, question ourselves have we added functionalities that we really don’t need, and also it is one of those core beliefs that simpler is safer. Vito’s cost savings are due to the simplified design, in addition to working collaboratively with vendors in a variety of areas including well design and completions, subsea, contracting and topsides design. Read more about Shell’s deep-water work around the world. The development currently has an estimated, recoverable resource of 300 million boe. By signing up, you agree to our Privacy Policy and Terms and Conditions. The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. Shell’s major projects show our technology and expertise in action. "It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at SembMarine’s Tuas Boulevard Yard," said SembMarine in a Friday morning bourse filing. Vito floating production unit (FPU) Sembcorp Marine secures contract to construct & integrate Shell Offshore's Vito FPU. Shell Pecten centred on a white background with text displaying below. Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even … It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. Shell Vito. The FPU is being made for Shell’s Whale field development, with the agreement coming ahead of a final investment decision to be made next year by Shell for the full project. The Vito contract is the third project to be awarded to COSCO SHIPPING… All you need to know to start your day, right in your inbox. Floating Production Unit (FPU), including installation of owner-furnished equipment Customer: Shell Offshore Inc. Operation: Mississippi Canyon, US Gulf of Mexico 13 Shell Vito FPU Construction and Integration of FPU Hull, Topsides and Living Quarters Projects Under Execution: Process Solutions Shot changes to show a coastline map with New Orleans pinned in red. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard, the builder said. Vito is a deep-water development in the U.S. Gulf of Mexico for which Shell in April made a Final Investment Decision , with the break-even price estimated to be less than $35 per barrel. A bank of monitors is behind him. Like the Vito FPU, the entire Whale FPU topside will be integrated and commissioned on ground level at Tuas Boulevard Yard in order to minimise work-at-height risks for the workers, said SembMarine. Contractors involved with Vito deepwater development. Artist’s impression of the Whale Floating Production Unit (FPU) The agreement precedes a final investment decision for the full Whale project , expected to be made next year by Shell. 198402668E. Closer shot of part of drilling platform with sign on side with AUGER in large red letters. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s 11th deep-water project in the area. Insights into the fast-growing markets in the region. Project overview. Side view of Edwin Verdonk talking about Vito. Contractors involved Shell Offshore contracted Sembcorp Marine Rigs & Floaters to construct and integrate the topside and hull, in November 2019. Into deep water impression of the Vito FPU, which is under construction at the shipyard and gas hub... Front view of him began to redesign the Vito project been awarded a transportation by... Feedback is important to us Tell us what you think Cognac, Bullwinkle, Auger,.... 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