Keppel O&M bags FPSO project

Singapore

KEPPEL Offshore & Marine's subsidiary Keppel FELS Brasil has won an FPSO project worth more than 500 million reais (S$190 million) from its repeat customer Modec Offshore Production Systems.

The contract involves module fabrication and integration work on a floating production, storage and offloading vessel. Works comprise fabrication and integration of nine topsides production modules for the FPSO Cidade de Campos dos Goytacazes MV29. The vessel is expected to arrive at the BrasFELS shipyard by the first quarter of 2017 for the topsides integration. When completed, the FPSO will be capable of processing 150,000 barrels per day of oil and five million cubic metres per day of gas. Its designed storage capacity is 1.6 million barrels of oil.