Keppel Offshore & Marine inks Mozambique FLNG and Petrobras work

December 11, 2017

Keppel Offshore & Marine, through its subsidiaries, has inked new contracts froom Petrobras and SOFEC, worth in total about US$96.22 (S$130 million). 

Keppel Shipyard's contract from SOFEC is for the fabrication of a turret mooring system for the newbuild floating liquefied natural gas (FLNG) vessel bound for the Coral South FLNG Project in offshore Mozambique. Fabrication is due to start in 1Q 2018 with delivery of the turret components expected in 1Q 2020.

Keppel FELS Brasil's BrasFELS shipyard has secured hull carry over work for the floating production storage and offloading (FPSO) unit P-69 from Tupi (a consortium formed by Petrobras Netherlands, operator with 65%; Shell with 25%; and Petrogal Brasil with 10%), which is represented by Petrobras.

The additional work scope on P-69 includes the installation of equipment and cables for the hull as well as the commissioning of marine systems.

BrasFELS was initially contracted to undertake the fabrication, integration, testing and commissioning of the topside modules for P-69. The yard has since completed module fabrication for P-69, and is currently undertaking integration and commissioning of the topside modules.

P-69 is scheduled to depart BrasFELS in 2018 for the Santos Basin pre-salt region. When delivered, it will have a production capacity of 150,000 bo/d and 6 MMcu m/day of gas. It will also have a storage capacity of 1.6 MMbo.

Chris Ong, CEO of Keppel O&M, said, "We are pleased that our repeat customers continue to choose us as their preferred partner for their FPSO projects. It is a testament to our proven track record and expertise in a comprehensive range of services and proprietary technology for production assets. We are committed to deliver innovative, reliable and value-added solutions for the industry."



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