Keppel Shipyard, the wholly owned subsidiary of Keppel Corporation Limited (KCL) through Keppel Offshore & Marine Ltd (Keppel O&M), has been chosen as the preferred shipyard in the Far East for the conversion of Floating Production Storage and Offloading facilities (FPSOs) for Single Buoy Moorings Inc (SBM). This follows SBM’s satisfaction with Keppel’s performance and safety record in the two FPSO conversions for them in 2000. This was disclosed by Mr Choo Chiau Beng Executive Director of KCL and Chairman & CEO of Keppel O&M, at a ceremony to celebrate the successful completion of an FPSO for SBM, the owner and operator of the largest fleet of FPSO/FSOs. At the ceremony at Keppel Shipyard on June 28, 2002, the FPSO was named FPSO Falcon. It is built for SBM’s client, ExxonMobil, and will be deployed to the Yoho field off the coast of West Africa. Said Mr Didier Keller, CEO of SBM, “FPSO conversions are highly complex, and we are pleased to find in Keppel Shipyard a yard with a special attitude and expertise to work hand in glove with us to deliver high quality facilities on time every time. FPSO Falcon is a product of this close partnership.”
In working on what is claimed to be the largest and most complex offshore conversion project undertaken to date in Brazil, the conversion of the FPSO P-48 (formerly the VLCC Stena Concordia), FELS Setal SA, the Brazilian subsidiary of Singapore’s Keppel Offshore & Marine, has achieved five million work hours without a Lost time Incident. US-based Kellogg Brown & Root’s subsidiary Halliburton Produtos Ltda awarded FELS Setal the contract for the marine conversion of the FPSO in February 2001
SembCorp Marine Ltd. said its wholly-owned subsidiary Jurong Shipyard Pte Ltd. won a project worth about $80 million from U.S.-based Kellog Brown & Root Inc. to convert a crude oil tanker into an oil platform. The project, which involves the conversion of a 270,000 dwt crude carrier to a floating production, storage and offloading platform to be stationed offshore from Brazil. After the project's completion in the third quarter of 2002, the platform will have the capacity to produce 150
Keppel Shipyard, the wholly owned subsidiary of Keppel Corporation Limited (KCL), has delivered the first Floating Production Storage and Offloading (FPSO) vessel for the joint venture of Vanguard and Premuda. Said Michael Barraclough, Managing Director of Vanguard Floating Production Limited (Vanguard), “We are very pleased with the quality of work and the safety performance of this FPSO and have decided that Keppel Shipyard should be a preferred yard to undertake future FPSO projects
Wärtsilä and Emerson Process Management at the Offshore Technology Conference in Houston announced yesterday an expansion of their global offshore alliance. Under this expansion, they can now deliver integrated energy and automation systems for Floating Production Storage and Offloading vessels and semi submersible oil and gas drilling rigs. The companies' expanded relationship combines the process automation knowledge and state-of-the-art measurements and digital automation
Traditional shipyards in Singapore are benefitting from booming oil and gas business, as work orders flow in for Floating Production Storage and Offloading (FPSO) and Floating Storage and Offloading (FSO) conversions, states a new report by business intelligence experts GBI Research. The new report cites Singapore as the location of around 70% of conversions for the FPSO industry globally, with traditional shipyards such as Keppel, Sembawang, Jurong
Keppel Shipyard has won a $2 million bonus for delivering a FPSO (Floating Production Storage Offloading) vessel 10 days ahead of its fast-track contract schedule for Single Buoy Moorings (SBM) Inc. The wholly-owned subsidiary of Keppel Corporation through Keppel Offshore & Marine (Keppel O&M) also received a US$200,000 safety incentive. The yard achieved more than three million man-hour work without lost-time accident during the conversion of the 307,431dwt FPSO Serpentina.
Keppel Shipyard, the wholly owned subsidiary of Keppel Corporation Limited (KCL) through Keppel Offshore & Marine Ltd (Keppel O&M), has successfully converted a 132,500 dwt tanker into a Floating Production Storage and Offloading (FPSO) vessel for Prosafe Production. The vessel, previously known as Grey Warrior, was named ABO FPSO by Ms AmaI Pepple, Permanent Secretary of the Federal Ministry of Petroleum Resources, Nigeria, at a ceremony held at Keppel Shipyard this morning.
What About Cuba? Political allegiance notwithstanding, continuing unrest and war in the energy critical Middle East continues to wreak havoc with world oil prices, with consumers around the world struggling to keep up with fast escalating gasoline prices. While (at press time) the benchmark prices for a barrel of crude have settled just under $40, the situation has spurred new exploration and production ventures, one such speculation in the Gulf of Mexico off of Cuba.
Wärtsilä Hamworthy has won a contract to supply its Flare Gas Recovery packages to four floating production, storage and offloading (FPSO) units under construction for Petrobras. The units, each of which will be able to handle 150,000bpd, are to be deployed on the pre-salt fields, off Santos, Brazil. Three of the FPSOs will be utilised for Block BM-S-11 Lula (Tupi) and one will go to Block BM-S-9 Guara.
Recent severe storms in the U.K. North Sea have resulted in a number of floating production, storage and offloading vessels (FPSOs) being shut down in order to assess and repair the damage caused. Notwithstanding the possible safety implications for operations crew
Oil output (oil plus natural gas liquids - NGL) from all of Petrobras' fields in Brazil averaged 1.979 million barrels per day (bpd) in September, which is 3.7% higher than the average output of the previous month (1.908 million bpd). Petrobas explain that this positive result was due to the
In its capacity as Focal - MOOG Components Group representative in Scandinavia and Holland, the MacArtney Group has recently passed a momentous system delivery milestone. Since the partnership was initiated, MacArtney has facilitated the sale and delivery of more than 40 Focal swivel solutions to
GE’s Power Conversion business has won a contract for the supply of dynamic positioning (DP) for a vessel Floating Accommodation Unit that Cosco (Nantong) Shipyard in Nantong City, China, is building for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO), two $1
In June 2013, Petrobras’ total output (oil and natural gas) in Brazil averaged 2,378 thousand barrels of oil equivalent per day (boed), 4.8% higher than May. Including the share operated by Petrobras for partner companies, total production in June was 2,489 thousand boed, 5
IMA/EMA recently completed an in-depth analysis of the floating production sector. Highlighted below are some key findings in Floating Production Systems: assessment of the outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs. Inventory of floating production systems now at 269 units
The intended sale completion of EOC's majority equity interest in the owning and operating of the FPSO 'Perisai Kamelia' (formerly known as 'Lewek Arunothai' has been put back to 31, August 2013. The vessel is to be sold according to an earlier agreement between to Perisai Petroleum Technologi
Wilhelmsen Technical Solutions has secured multiple orders to supply its Maritime Protection Inert Gas Generator (IGG) systems for installation on vessels working offshore Brazil. The company will deliver a total of eight dual-fuel Maritime Protection systems via contracting partner EEP to
There has been a significant increase in shipyard construction in Brazil in yards large and small alike. Maritime Reporter’s Contributing Editor in Brazil visited Brasa Shipyard in Rio de Janeiro and spoke to Philippe Levy, Country Manager for SBM Offshore, who is one of the yard directors
Keppel Shipyard Ltd (Keppel Shipyard) has secured two Floating Production Storage and Offloading (FPSO) conversion contracts from repeat customers worth a combined value of S$190 million. These contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Limited (M3nergy Offshore).
Opportunities for Shipbuilders and Repair Yards In a Huge & Growing Market Since the beginning of this year, orders have been placed for 17 floating production systems. The combined value of the fabrication contracts exceeds $16 billion
Keppel Offshore & Marine (Keppel O&M) has strengthened its foothold in the offshore and marine industry in Mexico with the signing of an MOU (memorandum of understanding) with PEMEX Exploracion y Produccion (PEP) and P.M.I. Norteamérica, S.A. de C.V
Wison Offshore & Marine Ltd. (Wison Offshore & Marine) announced today the commencement of the construction of key modularized components for the Petroleos De Venezuela, S.A.(PDVSA) RPLC refinery project at Wison Offshore & Marine’s Zhoushan Fabrication Yard (The Zhoushan Yard)
BMT Scientific Marine Services Inc (BMT) has been awarded a contract from SBM Offshore to provide an Integrated Marine Monitoring System (IMMS) for the Stones Floating Production Storage Offshore (FPSO) in the U.S. Gulf of Mexico. The IMMS monitors