Seaway Signs Perla Gas Deal

(Seaway Heavy Lifting, 9.Apr.2015) – Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project gas production platforms complete with tie-in of the subsea infrastructure.

The Perla development consists of 3 gas production platforms connected to the shore landing near Punto Fijo, through a 30 inch pipeline. The water depth in the field is 229 feet (70 meters). Seaway’s scope includes the transport and installation of the platforms and tie-in of the platforms to the pipelines, which have already been installed.

Cardon IV S.A. is a joint operating company currently owned by Italy’s Eni (50 percent) and Spain’s Repsol (50 percent). Petroleos de Venezuela SA has the option to back in to 35 percent share in the operation of this block, included in Rafael Urdaneta gas project in Venezuela.

Seaway’s crane vessel Stanislav Yudin will execute the lifting and installation work. The vessel will be out fitted with a saturation dive system to perform the tie-ins. In addition to the Stanislav Yudin and its two supporting vessels, a total of 7 tug/barge spreads will be operated to transport the platforms and subsea infrastructure from Gulf of Mexico ports to the site. The site is located northwest of Punto Fijo in Venezuelan offshore waters. Execution of the project is starting in 2Q:15, and will take approximately 5 months.

Project Management and Engineering has already started and is executed from Seaway’s home base in the Netherlands as well as from its new project office in the Woodlands near Houston.

“This challenging project is one of the largest in Seaway’s portfolio, and the project fits well with our experience and capabilities,” said Jan Willem van der Graaf, CEO of Seaway Heavy Lifting.

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