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Fpso Conversion

Keppel Shipyard Named SBM's Preferred Yard in FPSO conversions

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.”


FPSO Conversion Begins in Brazil

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


Jurong Wins $80M FPSO Conversion From Kellog Brown & Root

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 Completes Vanguard FPSO

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 Announce Expansion

Jaakko Eskola

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


Singapore’s Shipyards Reflect Booming FPSO Trend

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 Awarded $2.2M Bonus for Conversion

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 Completes Conversion Poject for Prosafe

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.


Offshore

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 Wins Petrobras Contract

wartsila Hamworthy Gas Recovery SystemsWEB.jpg

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.


Golar Acquires Financing for GoFLNG

Golar LNG

  Golar LNG Limited announced today that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd ("CSSCL") in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli.


Golar Receives Financing Commitment for GoFLNG Hilli

Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli, the company announced today.  


SBM Offshore Completes $1.55 bln FPSO Financing

SBM Offshore announced it has today completed the project financing of FPSO Cidade de Saquarema for a total of $1.55 billion, marking the largest project financing in the company's history.    Project financing was secured by a consortium of 16 international banks with insurance cover


BG Group Starts up Sixth FPSO in the Santos Basin

FPSO Cidade de Itaguaí (Photo: BG Group)

BG Group announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the group's discoveries in the Santos Basin, offshore Brazil. The FPSO will produce from the Iracema North area of the Lula field in


Petrojarl I Drydocked for EPC Redeployment Upgrade

Photo: Damen

FPSO upgrade marks major step for Damen Shiprepair & Conversion as a full service conversion group   After four months of preliminary work alongside, FPSO Petrojarl I moved on April 16, 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull


Eni Starts Production from Cinguvu Field, offshore Angola

Claudio Descalzi, Chief Executive Officer

  Eni reached a further milestone in the West Hub Development Project with the production start-up of Cinguvu field, located 5 kilometers from N’Goma FPSO Eni started production two weeks ahead of schedule at the Cinguvu oil field


Kongsberg Maritime to Equip Yinson Genesis FPSO

Image:  Kongsberg Gruppen

 Kongsberg Maritime has been selected to supply a complete Electrical, Instrument and Telecom solution, including E- house, for the new Yinson Production (West Africa) Pte Ltd FPSO, ‘Yinson Genesis’.    According to the company


Drydocks World Wins Turret Fabrication Contract

Photo: Drydocks World

Drydocks World has secured a contract from Orwell Offshore to fabricate an external Turret for FPSO Layang.   Drydocks World said its team will play an integral role in facilitating project completion during this fast track project expected to be delivered in the first quarter of 2016.


Trelleborg to Supply FPSO Mooring Systems in Angola

Photo: Trelleborg

Trelleborg’s marine systems operation has been awarded the contract to supply complete tandem mooring systems to two floating production, storage and offloading (FPSO) vessels in Angola, West Africa.   The Angola-based FPSO tandem mooring projects demanded solutions capable of


BW Offshore FPSO Inspected Off Nigeria

Goldblatt Tide (Photo: Tidewater Subsea)

Tidewater Subsea & T1 Marine complete BW Offshore FPSO inspection offshore Nigeria     Tidewater Subsea, in affiliation with its local Nigerian joint venture company, T1 Marine, has completed mooring and hull inspections program for BW Offshore's Sendje Berge FPSO.  


Technip Wins Jurong's FPSO Conversion Contract

  Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel, which is built at the Jurong Shipyard


Teekay Sells FPSO, Announces Dividend Boost

Photo: Teekay

Teekay Corporation to complete sale of the Knarr FPSO and announces dividend increase of 75 percent   Teekay Corporation announced today that its board of directors has declared a cash dividend on its common stock of $0.55 per share for the quarter ended June 30, 2015


Sea Trucks Wins First Contract in Brazil

Jascon 28 (Photo: Sea Trucks)

Sea Trucks Group announced the award of its first contract in Brazil.   Sea Trucks, a global provider of offshore installation services to the oil and gas industry, said it will provide accommodation support services to Saipem for 300 POB, including lifting operations


SBM Offshore Divests Stake in Turritella Project

FPSO Turritella (Image: SBM Offshore)

SBM Offshore has entered an agreement with Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line) for the acquisition of a stake in the joint venture companies incorporated for the purpose of owning and operating Floating Production Storage and Offloading (FPSO) Turritella


NYK, MC to Form JV for Stones O&G Project in GoM

Stones Ultra-deep-water Oil and Gas Project in the Gulf of Mexico Photo Shell

  NYK has made the decision to invest jointly with the Mitsubishi Corporation (MC) in the chartering, operation, and maintenance of a floating production, storage, and offloading (FPSO) vessel* in the Stones project, an ultra-deep-sea field in the Gulf of Mexico 2






 
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