The scope of work for the contract includes installation engineering, transportation and installation of the complete platform. Contracts of this nature are typically valued at approximately $100 million, and the contract was recorded in McDermott’s offshore oil and gas construction segment’s backlog during the fourth quarter of 2007.
The substructure, a four-leg extended base tower with a launch weight of 10,000 metric tons, will be secured with drilled and grouted foundations by J Ray’s 3,080-ton capacity construction barge, the DB30. The DB30 will also lift and install the topsides. Work will commence in the first quarter of 2008 and is expected to be completed in the fourth quarter of 2009.
