Keppel secures Prosafe FPSO deals

Keppel Shipyard has been awarded two contracts valued at approximately $80 million for the conversion of two new FPSO facilities for Prosafe Production (Prosafe).

The first contract is for the conversion of the 25-year old tanker, Apollo, into an FPSO capable of handling a daily oil production of 90,000 barrels of oil per day (bopd), daily fluid capacity up to 150,000 barrel of fluid per day (bfpd) and having a storage capacity of 1.78 million barrels of oil. The work scope for the 257,865 DWT tanker will include the fabrication and installation of the internal turret, flare tower and helideck; integration of production skids, boilers and turbo alternators and renewal of bottom plates, as well as internal tank blasting and painting.

Upon delivery towards the end of 2006, the facility will be deployed in Polvo Field off Brazil for Devon Energy.

The second award is for the conversion of a Suezmax tanker, a 25-year old tanker, Ionikos, into an FPSO capable of handling a daily production of 50,000 bopd, daily fluid capacity up to 120,000 bfpd and having a storage capacity of 770,000 barrels of oil.

Work on the vessel will include the fabrication and installation of the internal turret, flare tower and helideck; integration of production skids, boilers and turbo alternators; renewal of bottom plates, and internal tank blasting and painting. Due for completion in first quarter 2007, the FPSO will be deployed at the Tui Field located in the Taranaki Basin offshore New Zealand for New Zealand Overseas Petroleum Ltd.