Zentech Awarded Contract for OI Conversion Project
Zentech Awarded Contract for OI Conversion Project

March 17, 2021

For Immediate Release:
Contact: Mr. Sundaram ‘Sundy’ Srinivasan (Zentech)

HOUSTON, TX (March 13, 2021) – After having completed the FEED study, Zentech Inc has been awarded the Shipyard Construction Specification Preparation contract for the Conversion of the Jack-up Rig ‘Hibiscus Alpha’ (ex- BORR Rig “ATLA”) to an Offshore Installation for BW Energy. This conversion by BW Energy will result in a state-of-the-art production facility for deployment in West Africa.. The Zentech Project Management Team has carried out the management of similar MOPU conversions in shipyards on an EPIC basis and will allocate the most experienced resources for the successful completion of this project.

Zentech is currently doing the Detail Engineering Study for the Jack-up conversion into an Offshore Installation (OI) for a 20-year operation in the field, as per the rules and regulations for ABS Classification Society as part of an earlier contract with BWE. Zentech has also been contracted by BWE to develop the Construction Specification document as part of developing the ITT will be issued to various shipyards in the Middle East.

“We would like to thank BWE for showing the continuous confidence in Zentech and awarding this key contract for the shipyard conversion”, said Ramesh Maini, CEO of Zentech Incorporated. “We strive to produce deliverables that our client can be proud of, and look forward to continued success with BWE.”

Zentech Incorporated is a Houston, Texas-based marine engineering, project and construction management, and naval architecture firm specializing in the offshore oil and gas and renewable energy industries. The company has more than forty-three (43) years of experience in providing innovative engineering solutions and employs a professional staff of over 180 in eight (8) international locations. Zentech’s expertise encompasses dynamically positioned semisubmersibles, drill-ships, jack-up drilling units, modular platform drilling rigs, barge rigs, fixed offshore platforms, floating production systems, risers, and pipelines.

BW Energy is a growth E&P company listed on the Oslo Stock Exchange with a a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments.