The Sparta floating production unit is a replicable project between Shell and Seatrium and leverages the latter’s topsides single lift integration methodology.
Seatrium’s (SGX:S51
) wholly-owned subsidiary, Seatrium Oil and Gas International, has signed a letter of intent (LOI) with Shell Offshore to provide construction work services for Shell’s Sparta project in the US Gulf of Mexico.
The project is a deep-water development located some 170 miles off the Louisiana coast. The development measures some 4,300 sq ft. It is 51%-owned by Shell and 49%-owned by Equinor. Both parties are said to be “progressing the project toward a final investment decision” which is expected to come later in 2023.
