2005 Annual Report - SBM Offshore

Report of the Board of Management
conditions and BP is planning on using these terminals as
back up systems in the event a passing hurricane damages
the regular oil export infrastructure. In such circumstances a
tanker would be moored to the CALM and be utilised as a
temporary FSO with small shuttle tankers taking the crude to
shore.
CALM buoy for Trafigura installed at the Tema refinery in Ghana
Apart from the above order from BP, the Company secured in
2005 the following new terminal orders:
• from BP Trinidad and Tobago LLC for the supply of a ‘stock
buoy’ to replace one of BP’s terminals at the Galeota Point
refinery, supplied by the Company in the seventies;
• from Soilmare S.r.L., for the design and supply of a
complete CALM terminal for the Mellitah Upgrading
Project of Agip Oil Co. Ltd Libya;
• from Waha Oil Company for the supply of a CALM buoy for
the terminal in Ras El Sider, Libya;
• from Fred Olsen for the supply of a CALM system for the
export of oil produced by a spread moored FPSO to be installed
in the Addax operated Antan field offshore Nigeria;
• from the Willbros Group for the supply of a CALM system
to be installed at the Escravos terminal in Nigeria. The
system will be used for the export of the products of the
‘Gas To Liquid’ plant of Chevron, currently under
construction.
The orders for these terminals are executed in Monaco and in
Houston.
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Design Services and Supply of Special
Components
In addition to their active participation in the execution of a
large number of the contracts described above, Gusto and
MSC in Schiedam as well as GustoMSC Inc (GMI) in Houston
obtained and executed a large variety of orders for design
services, in certain cases combined with the supply of
proprietary hardware components. A number of the most
significant orders are described hereafter.
Basic Design Packages for New Facilities
• Maersk Contractors ordered four cantilever jack-ups of
MSC design from the KeppelFels Shipyard for delivery in
the period from 2007 to 2009. The basic design for these
units is provided by MSC under a license agreement
between MSC and KeppelFels. This project was the result
of a year long design customisation study with Maersk
Contractors. The jack-up units are designated for
operation in 100 metre water depth in moderate
environmental conditions;
• Maersk Contractors ordered two drilling semisubmersibles
of joint KeppelFels-MSC design from the
KeppelFels Shipyard for delivery in the period from 2008 to
2009. The basic design for these units is provided by MSC
Drilling semi-submersible for Maersk Contractors; an MSC design