LMC in US$110 Jurong Brazil contract

Singapore’s Jurong Shipyard awarded Ezra Holding subsidiary London Marine Consultants (LMC), a contract to supply an external turret mooring system for the Libra field’s extended well test (EWT) FPSO vessel.

The Libra oil field is a large, ultra deepwater oil prospect located in the Santos basin, about 230m off Rio de Janeiro, Brazil, north of Tupi field.  The oil field estimated to contain recoverable resources ranging between 8 billion to 12 billion bbl and is one of the largest deepwater oil accumulations globally.

LMC’s scope of supply includes engineering, procurement and construction (EPC) of the complete external turret. LMC will also design the mooring lines, analyze the risers and provide engineering support for integration of the turret and swivel stack onto the FPSO at Jurong Shipyard.

OOGTK Libra GmbH & Co KG, a joint venture between Brazil’s Odebrecht Oil & Gas and Teekay Offshore, awarded a contract to Jurong Shipyard for conversion of the Navion Norvegia shuttle tanker to form the Libra EWT FPSO. This joint venture company will own and operate the FPSO, chartering it to Petrobras for 12 years, excluding options.

“With a 20 year history as a proven supplier of advanced turret mooring systems, this project is a great opportunity for LMC to strengthen its position and move into the challenging deep water market of Brazil,” says Tim Wood, LMC managing director. “We are very excited about this opportunity to work with Jurong Shipyard, One Subsea, OOGTK and Petrobras on this very important project.”

Engineering and project management are currently underway in the Group’s London office, with turret fabrication planned at TRIYARDS in Vietnam, another subsidiary of Ezra Holdings.  Under a sub-contract from LMC, OneSubsea will manufacture an advanced swivel stack in Norway, with six swivels, including two high pressure (550 bar) gas injection swivels, in time for integration of the complete turret onto the FPSO in 1Q 2016.

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