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Keppel Offshore & Marine has been awarded a $2.3 billion contract to build a Floating Production, Storage and Offloading (FPSO) vessel for Brazil’s national oil company Petrobras.
Named P-78, the FPSO will be the seventh unit to be installed at the ultra-deepwater Buzios field located in the Santos Basin. With a production capacity of 180,000 barrels of oil and 7.2 million cubic meters of gas per day, along with a storage capacity of 2 million barrels of oil, the P-78 will rank among the largest FPSO’s in the world.
Keppel O&M will fabricate the topside modules weighing 43,000 metric tonnes (MT) at its shipyards in Singapore, China and Brazil, in addition to integration and commissioning work. Keppel’s partner in the project, South Korea’s Hyundai Heavy Industries, will provide the 85,000MT hull and the living quarters for 240 persons.
Keppel Offshore & Marine awarded US$2.3b contract to build FPSO for Petrobras
édité le 11/05/2021 - Plus de news de Keppel Corporation - Voir la fiche entreprise de Keppel Corporation
Keppel Offshore & Marine (Keppel O&M)s wholly owned subsidiary, Keppel Shipyard, has secured a contract, on the basis of an international tender, from Brazils National Oil Company, Petroleo Brasileiro S.A (Petrobras), for the turnkey delivery of P-78, a Floating Production, Storage and Offloading vessel (FPSO).
Scheduled for completion in late 2024, the FPSO will be customised for deployment in Brazils prolific Buzios field, described as the largest deepwater oil field in the world. With a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres of (mcbm) gas per day and a storage capacity of 2 million barrels of oil, the P-78 will rank among the largest in the global operating fleet of FPSOs.
Angola: TOTAL Starts Production From Zinia Phase 2, Successful Short-Cycle Development On Block 17
Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage and Offloading unit). The project includes the drilling of nine wells and is expected to reach a production of 40,000 barrels of oil per day by mid-2022.
Located in water depths from 600 to 1,200 meters and about 150 kilometers from the Angolan coast, Zinia Phase 2 resources are estimated at 65 million barrels of oil.
The development of this project was carried out according to schedule and for a CAPEX more than 10% below budget, representing a saving of 150 million dollars. It involved more than 3 million manhours of work, of which 2 million were performed in Angola, without any incident.
Ini Ekong Charles Udonwa is the Executive Chairman of Norfin Offshore Shipyard Limited and Executive Chairman of Norfin Offshore Group, promoters of a new shipyard located at Oruk Anam, Akwa Ibom State. In this interview with AYOYINKA JEGEDE, he reveals how shipbuilding and maintenance can help reduce insecurity, unemployment and other vices in the country.
What’s the importance of shipbuilding to the nation’s economy?
Nigerians, the government and companies import averagely $5.6 billion dollars worth of vessels into the country yearly to operate in oil and gas industries, and also into fishery industry. Most of these are in purchases of Floating Production, Storage and Offloading ships (FPSO), security vessels, jack up rigs, Liquefied Natural Gas (LNG) vessels and other related offshore support vessels. For instance, Egina FPSO delivered to Nigeria in January in 2018 costs up to $8 billion.
MISC group financial results for the first quarter of FY2021
MISC is pleased to announce its financial results for the first quarter ended 31 March 2021.
Financial Highlights:
• Group revenue for the quarter ended 31 March 2021 was higher than the corresponding quarter ended 31 March 2020.
• Group recorded profit before tax for the quarter ended 31 March 2021 compared to the loss in the corresponding quarter ended 31 March 2020 as the corresponding quarter included provision for litigation claims and write off of trade receivables and loss on re-measurement of finance lease receivables relating to the adverse decision on arbitration proceedings by Gumusut-Kakap Semi-Floating Production System (L) Limited (“GKL”) against Sabah Shell Petroleum Company Limited (“SSPC”).