Deltamarin has announced that it has entered into a contract for the basic engineering of the Libra FPSO, which will be converted from the shuttle tanker 'Navion Norvegia'.
The conversion will be performed in Singapore for OOGTK Libra, a 50/50 joint venture between Odebrecht Oil and Gas and Teekay Offshore. This joint venture, in turn, works as the lead commercial bidder for Brazilian energy company Petrobras.
The vessel will be owned and operated by OOGTK and chartered to Petrobras. It will be serving the Libra pre-salt field in the ultra-deepwater section of Brazil's Santos Basin as an early well-testing unit.
The contract is a continuation of Deltamarin's involvement in the Libra project, which earlier participated in the outline phase design of the unit.
Completion of the FPSO conversion is scheduled for the third quarter of 2016, with the vessel planned to start its operations in late 2016.
The FPSO's production capacity will be 50,000 barrels of oil per day and four million cubic metres of natural gas per day.
