EXMAR completes King’s Quay contract
10 Sep 2021 - Upstream Costs and Technology | Headline Analysis
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Kelvin SamKelvin SamPrincipal Research Analyst

EXMAR said the company has completed an engineering and construction supervision contract for Murphy Oil’s King’s Quay semi.

The King's Quay semi was built by Hyundai Heavy Industries (HHI) at Ulsan, South Korea, and was based on EXMAR’s OPTI hull design. The King’s Quay semi will be deployed at the Khaleesi/Mormont and Samurai fields, which sit in waters 1,056-1,189 m (3,464-3,900 ft) deep. The semi will be located between Green Canyon blocks 433 and 434 in the US Gulf of Mexico.

EXMAR said the award of a fourth OPTI semi to HHI for Beacon Offshore’s Shenandoah Project in the US Gulf of Mexico will ensure a strong engineering activity level in the upcoming months. This Shenandoah semi will have a larger payload capacity than the King’s Quay semi.

The Shenandoah semi is expected to be installed in the US Gulf of Mexico in late 2024. The semi of 91 m long, 91 m wide and 90 m high, will be able to produce 100,000 barrels per day of oil and 141 million cubic feet of gas per day.

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