Teekay contracts Jurong for Tiro e Sudon conversion

Offshore staff

SINGAPORE -- Jurong Shipyard has won a S$351-million ($268.7-million) contract to convert the Aframax tanker MT Arc II to the FPSO Petrojarl Cidade de Itajai, for on Petrobras’ Tiro e Sidon field offshore Brazil.

The program, awarded by Teekay Petrojarl Production, includes detailed engineering, installation, and integration of 16 topside modules; installation of spread mooring and power generation systems; accommodation upgrades; and extensive piping and electrical cabling works.

The vessel is due to be delivered during 1Q 2012. On completion, Teekay will charter the FPSO to Petrobras for nine years with optional extensions.

It will be installed in around 277 m (909 ft) water depth, and will be capable of processing up to 80,000 b/d of oil and 70 MMcf/d of gas; injecting over 96,000 b/d of water; and storing 650,000 bbl of oil.

The FPSO is being designed to remain on the field for up to 15 years without dry docking. This is the 12th major FPSO/FPU/FSO/FDPSO conversion project Sembcorp Marine shipyards has performed for Petrobras, including P-62 which is currently undergoing pre-FPSO conversion in Jurong Shipyard.

10/12/2010

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