Keppel Offshore & Marine’s (O&M) subsidiary, Keppel Shipyard has secured a contract worth US$2.3Bn from Brazil’s state-owned Petrobras to deliver a P-78 floating production, storage and offloading (FPSO) vessel
Customised for deployment in Brazil’s Buzios field – the largest deepwater oil field in the world – the FPSO will feature a production capacity of 180,000 barrels of oil per day, 7.2M m3 gas per day and a storage capacity of 2M barrels of oil, and rank among the largest FPSOs operating today.
The contract is on an engineering, procurement and construction basis, with project execution spanning multiple locations globally. Keppel O&M will fabricate the topside modules weighing 43,000 tonnes at its shipyards in Singapore, China and Brazil, and undertake the integration and commissioning works of the FPSO.
Not all the work will be done at Keppel’s yard. Hyundai Heavy Industries will provide the 85,000-tonne hull and living quarters for 240 personnel.
Keppel O&M chief executive Chris Ong said “We are pleased to support Petrobras with another major FPSO where we are taking on a much larger scope than ever before. This project taps our well-recognised capabilities as a leading integrator of offshore energy and infrastructure assets, leveraging our strengths in engineering and project management, with a focus on higher value-adding work.”
BrasFELS, Keppel’s yard in Angra dos Reis, Brazil is currently undertaking integration and fabrication work for two other FPSOs that will operate in the Sepia field and the Buzios field.
The FPSO is scheduled for completion in late 2024 and will transit to the Buzios field, where Keppel will carry out the final phase of offshore commissioning works.
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