Search

NEWS
SHIPPING & MARINE | Tony Chua, Singapore
Published: 10 Oct 10
3108 views


Keppel delivers FPSO P-57 to SBM for Petrobras

255,272-dwt tanker’s upgrading into P-57 was completed at Keppel Shipyard earlier, with shipyard receiving S$1mln bonus.

Keppel Offshore & Marine Ltd (Keppel O&M) has delivered the P-57 Floating Production Storage and Offloading (FPSO) vessel to SBM Offshore N.V. (SBM) early, within budget and safely.

Spanning 311 metres long by 56 metres wide, or almost three football fields, P-57 is one of the largest Brazilian FPSOs to be converted, under a turnkey supply contract between SBM and Petrobras Netherlands B.V (Petrobras) for the Jubarte field, offshore Espirito Santo, according to a Keppel report.

The upgrading and pre-conversion of the 255,272-dwt tanker, MT Accord, into the P-57 was completed at Keppel Shipyard in Singapore earlier this year, with the shipyard receiving SGD 1 million (USD761,000) in bonus from SBM for the safe and timely completion.

After the vessel sailed to Brazil, further work performed at Keppel FELS Brasil SA's BrasFELS yard in Angra dos Reis included the fabrication and integration of topside modules, piping and electrical equipment, as well as commissioning. The project has fulfilled the local content requirement of 68%, and was achieved with an outstanding safety record of about nine million incident-free man-hours to date.

P-57 was christened at the BrasFELS yard on 7 October 2010 by Madam Renée Carvalho, widow of the late Mr Apolônio de Carvalho, in the presence of Brazil's President H.E. Luiz Inácio Lula da Silva, Governor of Rio de Janeiro Mr Sergio Cabral, as well as Petrobras' President Mr Jose Sergio Gabrielli. They were joined by the senior managements of Keppel and SBM and some 8,000 BrasFELS employees, in celebrating the achievement of this landmark national project.

Mr Tony Mace, MD & CEO of SBM, said, "After 24 months of intensive planning, engineering and execution together with Keppel, we are very pleased that the P-57 will be delivered to Petrobras early and within budget, and with the highest safety standards.

"Converted to Petrobras' new-generation FPSO design, under SBM/Petrobras's stringent requirements for safety and quality, the P-57 represents a major step in SBM's business growth as a leading provider of offshore floating production solutions. It is also a strong showcase of the reliability and capability of Keppel's global yards in carrying out massive projects across continents.

"At SBM, we are proud to build on our strong partnership with Keppel, with whom we have successfully converted 10 FPSOs, including P-57, since 2000."

When deployed on location in 2010, P-57 will have a production capacity of 180,000 barrels of heavy oil per day (bopd). Its capabilities include compressing 2 million cubic metres of gas per day, processing 300,000 barrels of liquids per day and storing 1,600,000 barrels of oil.

Mr Choo Chiau Beng, Chairman of Keppel Offshore & Marine and non-resident Ambassador of Singapore to Brazil, said, "Wherever Keppel is present, we are fully committed to support our customers and delivering on our promises. Today, we not only celebrate the project achievements on P-57's conversion, but also the fruition of Keppel's Near Market, Near Customer strategy, which we have pursued relentlessly over the years.

"P-57 is a sterling example of how our integrated global yards make it possible for Keppel to help fulfil the desire for local content, whilst accomplishing challenging, large-scale projects with quality and precision. Indeed, we are very privileged to be entrusted by SBM and Petrobras with the conversion of the P-57, and look forward to deepen this win-win partnership between our companies."

P-57 is the 12th major FPSO conversion/upgrading project that Keppel has completed for Brazil. Including P-57, Keppel's projects for Petrobras will contribute substantially to Brazil's domestic oil production capacity.

Mr Choo added, "We have been equipping our yards and training our workers to take on more sophisticated jobs over the years, transferring expertise, technology and systems from our Singapore yards to Brazil in the process.

"As a result, our BrasFELS yard is today the most comprehensive offshore and marine facility in Latin America, and has been able to help to meet Brazil's requirements for greater local content. Our operations in the country will soon be augmented by our newest addition, the Keppel Singmarine Brasil shipyard in Santa Catarina by the first half of 2011.

"I am confident that we have prepared ourselves well to contribute meaningfully to Petrobras and our customers in Brazil and Latin America."



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

LATEST SHIPPING & MARINE JOBS »
PRINT ISSUE »

Subscribe Now
What factors are keeping expats rooted in Singapore?

984 views

What factors are keeping expats rooted in Singapore?

576 views

Can Asian private equity outgrow the west?

244 views

MOST READ EXCLUSIVES

16 items that are a tad cheaper in Singapore than in Hong Kong

16 items that are a tad cheaper in Singapore than in Hong Kong

Coffee lovers need not go farther for a cheaper cup of cappuccino.

by KRISANA GALLEZO
20 Mar 2015 | 99085 views
 

The 10 richest Singaporeans

The 10 richest Singaporeans

Altogether, their total amount of wealth dropped by 20% to US$32.5 billion.

by KRISANA GALLEZO
13 Apr 2015 | 94644 views

Singapore’s 8 hottest 40 and under hotel chefs

Singapore’s 8 hottest 40 and under hotel chefs

Check out and be inspired from their humble beginnings before rising the ranks.

by KRISANA GALLEZO
27 Mar 2015 | 13371 views
 

Chow Tai Fook opens second store in Singapore

Chow Tai Fook opens second store in Singapore

It's a 1,000-square feet new jewellery shop on Orchard Road.

by KRISANA GALLEZO
26 Feb 2015 | 12209 views

This is a woman’s world: CRIB launches Singapore’s first business and lifestyle incubator for women

This is a woman’s world: CRIB launches Singapore’s first business and lifestyle incubator for women

Find out what the three key platforms of CRIB are.

by KRISANA GALLEZO
10 Mar 2015 | 8144 views
 

The New Black hits Singapore with rarest green coffee

The New Black hits Singapore with rarest green coffee

It also boasts of its Impossible Collection curated by the ‘world’s rockstar roasters'.

by KRISANA GALLEZO
5 Mar 2015 | 4751 views

Too many business cards? Why don’t you try Sansan’s business card management service?

Too many business cards? Why don’t you try Sansan’s business card management service?

After Singapore, this contract management company plans to expand in the APAC region.

by KRISANA GALLEZO
12 Feb 2015 | 4372 views
 

Check out this integrated office cum lab of Friesland Campina in Singapore

Check out this integrated office cum lab of Friesland Campina in Singapore

A curved glass wall resulted in a 90% open-plan office.

by KRISANA GALLEZO
17 Feb 2015 | 4360 views

Spencer Ogden gets funky with its newest trademark space in Singapore

Spencer Ogden gets funky with its newest trademark space in Singapore

The company invested over $1M to make this signature office possible.

by KRISANA GALLEZO
5 Feb 2015 | 3487 views
 

Want to be hands-on with your ideal home setting?

Want to be hands-on with your ideal home setting?

Commune is opening an Experience Centre for meticulous homeowners.

by KRISANA GALLEZO
23 Mar 2015 | 2864 views

Office in the sky: How’s having a meeting in the clouds?

Office in the sky: How’s having a meeting in the clouds?

Check out ACL Asia Pacific’s Cumulonimbus, Altostratus and Cirrus rooms.

by KRISANA GALLEZO
1 Apr 2015 | 2758 views
 

LawCanvas saves the day: Easy legal documents in under a minute

LawCanvas saves the day: Easy legal documents in under a minute

The founders revolutionized the legal industry despite having different backgrounds.

by KRISANA GALLEZO
2 Mar 2015 | 2296 views

Lazada Singapore CEO Martell Hardenberg talks about his “Happy Customer” philosophy

Lazada Singapore CEO Martell Hardenberg talks about his “Happy Customer” philosophy

Find out what other goals the 27-year-old has for the company.

by KRISANA GALLEZO
27 Mar 2015 | 2290 views
 

Take a look inside INSEAD’s $55m leadership development centre in Singapore

Take a look inside INSEAD’s $55m leadership development centre in Singapore

It marks the fulfillment of a vision too ambitious to achieve 15 years ago.

by KRISANA GALLEZO
1 Apr 2015 | 2271 views

MetLife builds its first global R&D hub

MetLife builds its first global R&D hub

It bills itself as a first-of-its-kind innovation centre for the insurance industry.

by KRISANA GALLEZO
26 Jan 2015 | 1895 views
 

PocketMath makes buying mobile ad impressions easier

PocketMath makes buying mobile ad impressions easier

It integrates over 20 ad exchanges and offers over 20B impressions a day.

by KRISANA GALLEZO
9 Feb 2015 | 1760 views

#OnTheContrary campaign reveals the ‘real struggles’ of entrepreneurs

#OnTheContrary campaign reveals the ‘real struggles’ of entrepreneurs

Rags to riches stories are fabulous, but here’s the real deal.

by KRISANA GALLEZO
27 Mar 2015 | 999 views
 

Find out what it’s like going into business with your in-law

Find out what it’s like going into business with your in-law

A young entrepreneur teamed up with his father-in-law to redefine home entertainment needs.

by KRISANA GALLEZO
27 Mar 2015 | 768 views

What is the future of the sports business in Singapore?

What is the future of the sports business in Singapore?

Can a new billion-dollar stadium give Singapore the edge it needs to compete for world-class sporting events?

by STAFF REPORTER
20 Mar 2015 | 684 views
 

Fragrance Du Bois to launch a new scent this year

Fragrance Du Bois to launch a new scent this year

Also, check out its pop-up boutique at TANGS Orchard open until April 26.

by KRISANA GALLEZO
17 Apr 2015 | 396 views