Offshore staff
SINGAPORE -- Keppel Shipyard Ltd. subsidiary Keppel Offshore & Marine Ltd. will make its first delivery of 2007 in February in the form of an FPSO for Prosafe Production.
The FPSOPolvo was officially named by the wife of Stephen J. Hadden, senior vice president (E&P) for Devon Energy, the company chartering the FPSO, at a ceremony held Jan. 9.
Upon delivery, thePolvo will be deployed offshore Brazil in the Polvo field. The vessel can handle 90,000 b/d of oil production and has a storage capacity of 1.6 MMbbl.
Prosafe has contracted with Keppel Shipyard exclusively over the last 10 years to convert and upgrade all eight of its FPSO and FSO systems.
"Keppel's performance is a good basis for continued cooperation, and Prosafe will this year convert at least two additional vessels in this shipyard," said Arne Austreid, president and CEO of Prosafe.
FPSO and FSO conversions are more in demand than ever before, according to Choo Chiau Beng, chairman and CEO of Keppel O&M. "The market has in the last two years seen strong orders for floating production units. Looking ahead, we expect this to be sustained with greater demand for more FPSO/FSO conversions."
1/10/2007
