Oil Process Capacity News

Keppel Verolme Secures Contracts

Keppel Verolme BV has secured two contracts totaling $109m on the back of an upsurge of offshore activities in the North Sea. Of the two new contracts, one is a repeat order for the outfitting of a Floating Production Storage and Offloading (FPSO) facility, Sevan Voyageur, for Sevan Production AS. Work is expected to be completed in the summer of 2008. This is the third cylindrical FPSO facility that Keppel Verolme is carrying for the same owner. The vessel has an oil storage capacity of 300,000 bbls, with an oil process capacity of 30,000 barrels/day and a water injection capacity of 20,000 barrels/day. The world’s first cylindrical FPSO facility, Sevan Piranema, was completed in Keppel Verolme in January 2007.