Keppel Shipyard of Singapore has secured two contracts worth a total of SGD146 million (US$119 million) to convert a floating production storage and offloading (FPSO) unit and to construct an external turret-mooring system for an existing FPSO unit.
The first contract is from Single Buoy Moorings (SBM) for the conversion of the very large crude carrier (VLCC) 'Concorde Spirit' into a FPSO facility, to be named 'FPSO OSX-2'. SBM had been engaged by OSX Brasil to supply the FPSO, which is expected to be completed in the second quarter of 2013 and will be deployed in the Campos Basin, offshore Brazil.
Keppel's work scope on 'FPSO OSX-2' comprises refurbishment and life extension works, accommodation block extensions for 80 personnel, a new flare tower, a new internal turret-mooring system and topside module supports, as well as the installation and integration of topside modules. Work on the vessel is expected to commence in September.
Keppel's second new contract is for the fast-track fabrication and integration of an external turret-mooring system for Rubicon Offshore International. FPSO 'Rubicon Intrepid' is currently engaged in production in the Galoc Field, west of Palawan Island, the Philippines. Work on the turret is expected to be completed in the fourth quarter of 2011.
