Keppel Secures MODEC FPSO Project in Brazil
Keppel Offshore & Marine Ltd, through subsidiary Keppel FELS Brasil SA's BrasFELS shipyard, has been awarded a Floating Production Storage and Offloading (FPSO) module fabrication and integration project by its repeat customer MODEC Offshore Production Systems (Singapore) Pte. Ltd., a MODEC, Inc. group company, for a contract value of over BRL 500 million (SGD190 million). BrasFELS' work scope for this project comprises the fabrication and integration of nine topside production modules for the FPSO Cidade de Campos dos Goytacazes MV29. The vessel is expected to arrive at the shipyard by the first quarter of 2017 for the integration phase.
Keppel Bags BRL 500 mln MODEC Project
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary, Keppel FELS Brasil SA's BrasFELS shipyard has been awarded a Floating Production Storage and Offloading (FPSO) module fabrication and integration project by its repeat customer MODEC Offshore Production Systems (Singapore) Pte. Ltd., a MODEC, Inc. group (MODEC) company, for a contract value of over BRL 500 million (SGD190 million). BrasFELS' work scope for this project comprises the fabrication and integration of nine topside production modules for the FPSO Cidade de Campos dos Goytacazes MV29. The vessel is expected to arrive at the shipyard by the first quarter of 2017 for the integration phase.
Greatship Group Names “Greatship Rohini”
Today (9.02.2011) for the first time in the history of local shipbuilding industry, Colombo Dockyard named a vessel which will be charted by the owner Greatship Group, for the world renowned Brazilian Oil Company PETROBRAS. The naming ceremony was graced by the Chief Guest Hon. Basil Rajapaksa Minister for Economic Development. The Lady Sponsor of the ceremony was Dr. (Mrs.) Chandrika Yapa. His Excellency Ashok Kantha High Commissioner for India in Sri Lanka, His Excellency K.
Brazil’s Offshore Oil Reserves Larger Than Expected
Brazil's oil giant Petrobras announced that its recent offshore oil discovery in Brazil contains between 5-8 billion barrels of recoverable oil. Petrobras made the statement after attending the World Energy Congress. Last week, Petrobras said the Tupi Field, some 280 km off the coast of Rio de Janeiro, may hold the equivalent of billions of barrels of oil, which is trapped below a thick layer of salt. The Petrobras president reportedly said production on the Tupi Field could begin in 2010 or 2011 as the company aims to increase overall production to 4.5 million barrels a day of oil and gas equivalent by 2015. [Source: http://news.xinhuanet.com]
Oil Exploration Causes Diver Shortage
Increasing exploration for offshore oil reserves is causing a shortage of divers in the aquaculture industry. Divers are being offered more than $300,000 a year for exploration work, compared $70,000 for work in the tuna and abalone sectors. Martin Phillips, from South Australian Underwater Training, says oil exploration has not been a traditional job market for divers. Source: ABC Online
