Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million).
The first is from SBM Offshore and is for the FPSO that will host the Stones ultra deepwater development by Shell in the Gulf of Mexico.
The second contract, from M3nergy Offshore, is to convert an FPSO for the Bukit Tua Field, offshore Indonesia.
Once installed, the vessel on Stones will be the deepest production facility in the world, says Keppel, as well as the deepest FPSO with a disconnectable buoy.
Keppel's work scope includes refurbishment and life extension works; upgrading of living quarters; fabrication and installation of the internal disconnectable buoy system and topside module supports; as well as the installation and integration of topside modules.
The FPSO design has a processing facility capacity of 60,000 bbl/d and 15MM cu ft/d gas treatment and export. The converted FPSO will be able to store 800,000 bbl and its total topsides weight will reach 7000-tonne.
For the Bukit tua project, Keppel Shipyard will undertake refurbishment and life extension works; fabrication and installation of new structures, piping systems, spread-mooring system; upgrading of the living quarters; as well as the installation and integration of the topsides process modules.
Scheduled for completion in Q2 2014, the FPSO has been chartered by PC Ketapang II for its operations in the Bukit Tua field, 35km north of Madura Island, in Ketapang Block.
The FPSO conversion contract for the Bukit Tua field was awarded to the consortium PT Trasamudra Usaha Sejahtera.
The FPSO will have a production capacity of up to 25,000 bbl/d and storage capacity of up to 630,000 bbl.
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