Wednesday, October 10, 2007

Renaissance subsidiary wins $35mln Abu Dhabi contract

Renaissance's subsidiary Adyard LLC was awarded a $35 million contract by Single Buoy Moorings Inc. for the fabrication of a mobile offshore production unit for Talisman Energy to be located on the YME Field in the Norwegian sector of the North Sea.


The contract entails the fabrication and load out of the hull, topsides and related works. The process equipment will be fabricated in modules and installed on the hull at the Adyard jetty. Single Buoy Mooring Inc is a market leader in the conversion and operation of FPSO’s worldwide and this award marks the fourth contract Single Buoy Moorings has awarded to Adyard in the past 12 months following the award of two CALM Buoys and PLEMS and five modules for the Frade FPSO for Chevron.


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