Keppel FELS completes FPU sections for Campos basin

The lower hull of the mega P-52 floating production unit will be leaving Singapore between mid-January and early February for Brazil's Campos basin.

Dec 16th, 2005

Offshore staff

(Asia-Pacific & South America) - The lower hull of the mega P-52 floating production unit (FPU), which is designed to produce 180,000 b/d from the Campos basin field, will be leaving Singapore between mid-January and early February for Brazil.

So says Singapore's Keppel FELS Ltd, which built the hull through a 75:25 joint venture with Technip.

The 80,000-ton lower section of the $775 million FPU was completed in Keppel FELS' Singapore yard while the upper deck is being built at Keppel FELS yards in Brazil.

The Keppel FELS-Technip joint venture will mate the semisubmersible FPU by end of 2006 for production from early 2007, said Keppel FELS officials at the commissioning of the P-52 hull in Singapore on December 16.

The joint venture won the bid to build the platform in two parts in December 2003.

The P-52 project involves the detailed engineering, procurement, and construction of the FPU with capacity to operate in water depths of 1,800 m.

Keppel FELS says it dispatched the column nodes of the P-51 FPU, a sister unit, on December 11. The nodes will be joined with the rest of the unit in a similar fashion as the P-52.

Petrobras awarded the consortium the P-51 contract five months after the P-52 contract award, departing from its original plan to award the contracts to separate contractors in view of the projects' complexity and size, says Keppel FELS.

12/16/05

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