FPSO Conversion Begins in Brazil

Friday, June 25, 2004
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. When completed P-48 will have an oil processing capacity of 150,000 bbl per day, and will be deployed with Petrobras in the Caratinga filed in the Campos Basin, offshore Brazil.
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