Brazillian Yard Preps To Ride Offshore Wave

Thursday, April 26, 2001
As ship and boatyards in the Gulf of Mexico eagerly await 'Offshore Boom 2001,' it might behoove them to look at activities transpiring outside of their own backyard, as the business of building offshore rigs and vessels has truly become a global bonanza. For example, down south, way down south in Brazil, FELS Setal SA has become that country's preferred shipyard for offshore and marine services on account of its quality workmanship and on-time deliveries, after just one year of its formation. The 60/40 joint venture company between Keppel FELS Energy & Infrastructure Ltd. (Keppel FELS) of Singapore and the PEM Setal Group of Brazil has won a total of $120 million worth of contracts in this short time.

Singapore's Minister for Trade & Industry, Brigadier General George Yeo noted, "Keppel's entry into the Brazilian market will inspire and encourage other Singapore companies to explore opportunities in this vast country." "As a foreign investor, Keppel FELS is committed to help play a leading role in re-energizing the local offshore and marine industry," said Choo Chiau Beng, Chairman and Managing Director of Keppel FELS. The yard re-started operations last year after it was leased to FELS Setal as part of the Brazilian Government's effort to encourage the recovery of the offshore and marine industry as well as to rejuvenate the economy of Angra dos Reis through the re-creation of jobs.

FELS Setal has since won the confidence of reputable rig owners and operators to entrust the repair, retrofit and upgrade of their vessels and rigs with the company. Choo said, "Currently, FELS Setal is working on nine Petrobras' rigs operating in the Campos Basin from our facility in Macae. Here in Brasfels Yard, we have just completed the rehabilitation of SEDCO 135 D for Schlumberger and their partner TransOcean SedcoForex, having earlier completed a FPSO and a semi-submersible for the same owner.

"We have also repaired a drillship for Diamond Offshore and a semi-submersible platform for Stena Drilling. Two more rigs from TransOcean SedcoForex are scheduled to come to the yard for repair next month." It has also won the prestigious contract for the marine conversion of Stena Concordia, to be renamed Petrobras 48, from Halliburton Produtos Ltda, a subsidiary of Brown & Root. The company is presently in active discussions with other customers for more jobs. Mr Augustos Mendonca, Vice President of PEM Setal, said, "Our dream is that FELS Setal will become established as an international reference, competing and working efficiently." He added that FELS Setal has the potential to take on much more and is confident that its workforce has the technical expertise to take on projects of a varying range of complexity.

Brasfels Yard is a 360,000 sq. m. sprawling shipyard, with major facilities that include a 300 m outfitting quay, a 320 m finger pier, a building berth that can handle vessels up to 300,000 dwt, a 400,000 dwt drydock, a 70,000 sq. m. shop area, and cranes that have capacity up to 660 tons. The shipyard has been servicing the upgrading and repair needs of rigs working in the region. Whereas in the past, owners must send their rigs abroad to be repaired, they can now have the advantage of repairing them locally, saving down time for their rigs.

The yard has also been able to serve the construction demands of the growing deepwater production markets of offshore Brazil and West Africa, where the PEM Setal Group is already well-known. The Brasfels shipyard began operations in March 2000 with no workers, and today, it employs more than 1,200 workers and subcontractors. Keppel FELS is a world leader in the construction of harsh environment jack-up drilling rigs. It is also one of the leaders in deepwater semi-submersibles and highly sophisticated specialized vessels. It is no stranger to the Brazilian offshore and marine industry, having delivered the Petrobras XVII in [1993] and Petrobras XXVII in 1998. Keppel FELS commitment to Brazil is a part of its near customer, near market strategy to service its customers in the country better.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

Portuguese Navy Orders Sonar System Upgrades

General Dynamics Canada is installing an adjunct processing system on three VASCO DA GAMA-class frigates of the Portuguese Navy. Designed by General Dynamics Canada,

OSI to Upgrade Canadian Navy Software

OSI Maritime Systems Signs Contract with the Royal Canadian Navy to Provide In-Service-Support and an Upgrade to the Most Advanced ECPINS-W Sub 6.0 OSI Maritime

KVH Film Considered for Maritime Safety Award

“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc.

Shipbuilding

Samsung Heavy Takes Up 7 Container Ship Order

South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned.

China Shipyard Delivers Handymax Size Bulk Carrier

COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer. The Handymax bulker measures 189.

OSC Plans Fleet Expansion through 2018

State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report,

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1249 sec (8 req/sec)