Conoco Leads The Way For GOM Shuttle Tankers

Seahorse Shuttling and Technology LLC, a wholly owned entity of Conoco, has completed the functional design of a new tanker for shuttling crude oil from the deepwater Gulf of Mexico to shore. The 80,000-dwt double-hulled "GoMAX 550 shuttle tanker will be capable of transporting 550,000 barrels of crude oil. With a 40-foot draft, the new shuttle tanker will be able to enter most ports in the U.S.

Gulf of Mexico.

The GoMAX 550 design is the result of a shipbuilding alliance between Conoco, Alabama Shipyard of Mobile, Ala., and Samsung Shipbuilding and Heavy Industries of South Korea.

Designed by Samsung specifically for production at Alabama Shipyard, the new shuttle tankers would meet the Jones Act requirement that vessels operating totally in U.S. waters must be constructed in the U.S.

Earlier this year, the U.S. Minerals Management Service (MMS) approved in principle the use of FPSO's and shuttle tankers for crude oil production and transportation from the deepwater Gulf of Mexico.

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Maritime Reporter Magazine, page 27, Jun 2002

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