FPSO_Stones

Keppel Shipyard has won two contracts, worth S$190m ($152m), from SBM Offshore and M3nergy Offshore for the conversion of floating production storage and offloading (FPSO) vessels.

The Singapore-based company, which is a subsidary of Keppel Offshore & Marine, has secured a contract from SBM Offshore for the conversion of an FPSO vessel which will host the Stones ultra deepwater development by Shell in the Gulf of Mexico.

Under the contract, Keppel Shipyard will be expected to carry out refurbishment and life extension works; upgrade living quarters; fabricate and install the internal disconnectable buoy BTM system and topside module supports; and install and integrate topside modules.

The FPSO design is said to have a processing facility capacity of 60,000 barrels of oil per day (bopd) and 15 mmscfd of gas treatment and export.

"Keppel Shipyard has also won a contract from M3nergy Offshore, to convert an FPSO for deployment on the Bukit Tua Field."

According to Keppel Shipyard, the converted FPSO will have the capacity to store 800,000 barrels of crude oil, while its topsides will weigh 7,000t.

Keppel Shipyard has also won a contract from M3nergy Offshore, to convert an FPSO for deployment on the Bukit Tua Field.

As part of the contract the shipyard will undertake refurbishment and life extension works; fabrication and installation of new structures, piping systems, spread-mooring system; and upgrading of the living quarters.

Keppel will also install and integrate the topsides process modules.

Set for completion in the second quarter of 2014, the FPSO has been chartered by PC Ketapang II for its operations in the Bukit Tua field, offshore of Indonesia.

The conversion contract for the field was awarded to the consortium PT Trasamudra Usaha Sejahtera – M3nergy Offshore.

With a storage capacity of up to 630,000 barrels, the FPSO will have a production capacity of up to 25,000 barrels per day of liquids.

Keppel Offshore & Marine, Marine & Technology managing director, Mr Michael Chia, said: "Over the years, Keppel Shipyard has worked closely with customers worldwide to bring to the market a range of offshore production solutions."


Image: For SBM Offshore, the FPSO will host the Stones ultra deepwater development by Shell in the Gulf of Mexico. Photo courtesy of SBM Offshore.

Energy group link