Keppel secures Liza FPSO conversion from SBM Offshore

KEPPEL Shipyard has secured a floating production, storage and offloading (FPSO) vessel conversion contract from SBM Offshore NV.

The contract is for the conversion of a Very Large Crude Carrier (VLCC) into an FPSO, which upon completion, will be deployed to ExxonMobil-operated Liza field, located about 193 kilometres offshore Guyana in the Stabroek block.

Once converted, the FPSO will have a storage capacity of 1.6 million barrels of crude oil and is capable of producing up to 120,000 barrels of oil per day. Additionally, the vessel will have a gas treatment capacity of about 170 million standard cubic feet each day, and a water injection capacity of approximately 200,000 barrels of water per day.

The shipyard's work scope includes refurbishment and life extension works, such as the upgrading of living quarters, fabrication and installation of spread mooring systems, as well as the installation and integration of topside modules.

Chor How Jat, managing director (conversions and repairs), Keppel Offshore & Marine, and managing director, Keppel Shipyard, said: "We are pleased to undertake the conversion of this FPSO, which is our 25th major project from SBM Offshore. It is testament to Keppel's expertise in FPSO conversions and the strong partnership we have developed with SBM Offshore since Keppel Shipyard's first delivery in 1981."