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Jurong lands FPSO conversion contracts
By Upstream staff
Singapore’s Jurong Shipyard has won two floating production, storage and offloading vessel conversion contracts worth $58 million from Tanker Pacific Offshore Terminals (TPOT).
The first contract covers the conversion of the 92,802 dwt tanker Andaman Sea into the Raroa FPSO, which would be capable of producing 40,000 barrels of oil per day and storing up to 646,548 barrels of oil.
Jurong, a wholly-owned subsidiary of SembCorp Marine, will install an internal turret, three boilers on deck, renew the entire piping and electrical systems and install the process facilities.
Once completed in the fourth quarter of 2007, the Raroa will be leased to OMV for deployment at the Maari field off New Zealand.
The second contract covers the conversion of the 148,255 dwt Freeway into an FPSO that will be chartered to Coogee Resources for the Montara field off Australia.
The tanker, which is scheduled to enter Jurong Shipyard in the second quarter of 2007, will undergo extensive life extension and conversion works, including an internal turret and process facilities for crude separation, gas compression, gas lift and gas re-injection..
Once completed in the second quarter of 2008, the Montara Venture FPSO will be capable of producing 40,000 bpd and a store 900,000 barrels of oil.
Tuesday, 26 December, 2006, 23:50 GMT | last updated: Wednesday, 27 December, 2006, 00:03 GMT
Win: for Jurong Shipyard
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