Offshore staff

(Asia-Pacific) - Singapore's Keppel Shipyard Ltd. has won about $80 million worth of contracts for conversion of two new FPSO facilities for Prosafe Production.

The first contract is to convert the 25-year old tanker,M.T. Apollo, into an FPSO capable of handling a daily oil production of 90,000 b/d of oil, daily fluid capacity up to 150,000 bbl, and a storage capacity of 1.78 MMbbl of oil.

The FPSO will be deployed in Polvo field off Brazil for Devon Energy.

The second award is for the conversion of a 25-year old Suezmax tanker,M.T. Ionikos, into an FPSO capable of handling a daily production of 50,000 bbl, daily fluid capacity up to 120,000 bbl, and a storage capacity of 770,000 bbl.

Scheduled for completion in 1Q 2007, the FPSO will be deployed at the Tui field in the Taranaki Basin offshore New Zealand for New Zealand Overseas Petroleum Ltd.

For both FPSOs, Keppel will fabricate and install the internal turret, flare tower, helideck, complete the integration of production skids, boilers, turbo alternators, renewal of bottom plates, and carry out the internal tank blasting and painting.

Keppel says it has completed eight FPSO/FSO conversions for Prosafe in the past nine years.

03/07/06