Keppel bags Modec FPSO deal

Published

Keppel Offshore & Marine (Keppel O&M), through its subsidiary, Keppel FELS Brasil BrasFELS shipyard has been awarded a US$137 million floating production storage and offloading (FPSO) module fabrication and integration project by Modec Offshore Production Systems (Singapore).

BrasFELS' work scope for this project comprises the fabrication and integration of nine topside production modules for the FPSO Cidade de Campos dos Goytacazes MV29. The vessel is expected to arrive at the shipyard by Q1 2017 for the integration phase.

When completed, the FPSO Cidade de Campos dos Goytacazes MV29 will have the capacity to process 150,000 b/d and 5 MMcm/d of gas. The unit's storage capacity is 1.6 MMbbl.

Slated to depart the shipyard in Q3 2017, the FPSO will be deployed at Tartaruga Verde and Tartaruga Mestiça Fields, in the Campos Basin, off the coast of Rio de Janeiro.

BrasFELS' current job for Modec is the integration and commissioning of the FPSO Cidade de Caraguatatuba MV27. The FPSO is expected to arrive at BrasFELS in Q2 2016, and will be deployed in the Lapa Field, Santos Basin, Brazil.

The FPSO Cidade de Itaguaí MV26, which was delivered by BrasFELS to Modec in mid-2015 achieved first oil production four months ahead of the schedule, in the Iracema Norte Area of Lula Field in Brazil.

In the past five years, BrasFELS delivered five FPSO projects safely and ahead of schedule, of which three were for Modec.

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