Search

NEWS
SHIPPING & MARINE | Tony Chua, Singapore
Published: 10 Oct 10
2912 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.

CO-WRITTEN ARTICLES & SPONSOR CONTENT ››

Professor Stephen Brammer from the Birmingham Business School says up to 50% of market value is at stake.
303 views

LATEST SHIPPING & MARINE JOBS »
PRINT ISSUE »

Subscribe Now
Trains, planes, automobiles and drones

30 views

As goes Hong Kong, so goes Singapore?

350 views

Office property shows no signs of a slowdown

92 views

MOST READ EXCLUSIVES

Singapore's 10 most successful 40 and under hotel managers

Singapore\'s 10 most successful 40 and under hotel managers

Find out who's who in the hotel industry.

by KRISANA GALLEZO
12 Mar 2014 | 54647 views
 

Take an exclusive tour at TripAdvisor's 6,000 sq ft Singapore headquarters

Take an exclusive tour at TripAdvisor\'s 6,000 sq ft Singapore headquarters

It's like having a road trip while at work.

by CARMINA JARIEL
5 Feb 2014 | 19844 views

Singapore's 6 hot new restaurants in April

Singapore\'s 6 hot new restaurants in April

Warm your belly with these top picks.

by STAFF REPORTER
1 Apr 2014 | 18796 views
 

Singapore's top six Valentine’s Day hotels

Singapore\'s top six Valentine’s Day hotels

Ready to pop the question?

by KRISANA GALLEZO
29 Jan 2014 | 17577 views

Singapore's 6 hot new restaurants in February

Singapore\'s 6 hot new restaurants in February

Warm your belly with these picks.

by STAFF REPORTER
27 Feb 2014 | 16099 views
 

Singapore's 6 hot new restaurants in March

Singapore\'s 6 hot new restaurants in March

Get a taste of NYC's eclectic undergound dining.

by STAFF REPORTER
18 Mar 2014 | 13940 views

StarHub's corporate office is so awesome it has its own theatre exclusive to staff

StarHub\'s corporate office is so awesome it has its own theatre exclusive to staff

Check out its other facilities with these pictures.

by STAFF REPORTER
3 Mar 2014 | 9075 views
 

See how FireEye's Singapore headquarters could make hackers scared out of their wits

See how FireEye\'s Singapore headquarters could make hackers scared out of their wits

It's Singapore's threat intelligence hub.

by CARMINA JARIEL
21 Jan 2014 | 7712 views

Should everyone be happy with falling private home prices?

Should everyone be happy with falling private home prices?

And will the cooling measures be relaxed by 2015?

by STAFF REPORTER
9 Apr 2014 | 5656 views
 

Why are office rents suddenly the hottest topic in the property market?

Why are office rents suddenly the hottest topic in the property market?

Everyone has been buzzing about it.

by STAFF REPORTER
26 Mar 2014 | 5388 views

What could make 2014 a disappointing year for Singapore REITs?

What could make 2014 a disappointing year for Singapore REITs?

SREITs are in for a triple whammy.

by KAREN MESINA
22 Jan 2014 | 5173 views
 

Parco Marina Bay at Millenia Walk shuts down on 24 February

Parco Marina Bay at Millenia Walk shuts down on 24 February

Let’s call it a day, says management.

by CARMINA JARIEL
12 Feb 2014 | 4437 views

Find out how this 2-storey gallery-hostel in Singapore is painting the town red

Find out how this 2-storey gallery-hostel in Singapore is painting the town red

It has 18 rooms with 100 beds.

by STAFF REPORTER
27 Feb 2014 | 3822 views
 

Is Singapore's property market still haunted by liquidity nightmares?

Is Singapore\'s property market still haunted by liquidity nightmares?

Analysts are still unimpressed.

by STAFF REPORTER
5 Feb 2014 | 3158 views

Guess where cash-rich shoppers splurged their money over CNY period

Guess where cash-rich shoppers splurged their money over CNY period

Shop 'til you get tracked.

by STAFF REPORTER
14 Feb 2014 | 3132 views
 

Singapore Wine Vault's $200m facility slated to launch in 3Q

Singapore Wine Vault\'s $200m facility slated to launch in 3Q

It can house over 10 million bottles.

by STAFF REPORTER
5 Mar 2014 | 2958 views

How disappointing were the January home sales, really?

How disappointing were the January home sales, really?

Analysts are still keeping their hopes up for next month.

by STAFF REPORTER
19 Feb 2014 | 2539 views
 

Find out how this startup plans to beat Singapore’s skyrocketing car prices

Find out how this startup plans to beat Singapore’s skyrocketing car prices

It’s speeding up its Asian expansion.

by STAFF REPORTER
5 Mar 2014 | 2272 views

Singapore is world's most expensive city—but only for expats

Singapore is world\'s most expensive city—but only for expats

Is The Lion City still affordable to ordinary Singaporeans?

by STAFF REPORTER
6 Mar 2014 | 2098 views
 

SingTel, StarHub stuck in a tight tug-of-war over 2014 World Cup broadcast rights

SingTel, StarHub stuck in a tight tug-of-war over 2014 World Cup broadcast rights

Negotiations are challenging, said StarHub.

by STAFF REPORTER
17 Feb 2014 | 2034 views

Buckle up: Car sharing firms gain ground in Singapore

Buckle up: Car sharing firms gain ground in Singapore

Should car retailers be scared?

by CARMINA JARIEL
10 Feb 2014 | 1899 views
 

Singaporeans mine gold in ‘second hand economy’ amidst skyrocketing cost of living

Singaporeans mine gold in ‘second hand economy’ amidst skyrocketing cost of living

8 in 10 Singaporeans admit to purchasing pre-owned goods.

by CARMINA JARIEL
28 Mar 2014 | 1777 views

Singapore hoteliers saw flat Chinese New Year

Singapore hoteliers saw flat Chinese New Year

Business was challenging, they said.

by STAFF REPORTER
5 Feb 2014 | 1701 views
 

What does Singapore's 6.2% industrial production growth imply for the rest of 2014?

What does Singapore\'s 6.2% industrial production growth imply for the rest of 2014?

Analysts are delighted by it.

by STAFF REPORTER
29 Jan 2014 | 1466 views

How a horrible renovation experience inspired Kluje to build a home renovation empire

How a horrible renovation experience inspired Kluje to build a home renovation empire

Over 400 accounts created in its first 2 months.

by CARMINA JARIEL
5 Feb 2014 | 1375 views
 

Will Singapore banks break hearts with bad results on Valentine's Day?

Will Singapore banks break hearts with bad results on Valentine\'s Day?

Especially with the easing of debt servicing burden.

by STAFF REPORTER
12 Feb 2014 | 1320 views

Singapore's most followed Google+ personality joins local startup

Singapore\'s most followed Google+ personality joins local startup

Check out how "SuperMommy" plans to take Tickled Media into another level.

by KRISANA GALLEZO
3 Apr 2014 | 1309 views
 

See how Zalora's 24-hour online ad campaign boosts Singapore's music scene

See how Zalora\'s 24-hour online ad campaign boosts Singapore\'s music scene

It collaborated with local singer-songwriters.

by STAFF REPORTER
22 Jan 2014 | 1302 views

See how this startup lets you create free listings in less than 30 seconds

See how this startup lets you create free listings in less than 30 seconds

Forget about Craiglist or Gumtree.

by STAFF REPORTER
19 Feb 2014 | 1201 views
 

Self-storage firms find silver lining in Singapore's space crisis

Self-storage firms find silver lining in Singapore\'s space crisis

Less space, more money.

by CARMINA JARIEL
19 Feb 2014 | 1140 views
close Don't Show Again

STAY INFORMED! Get our free weekly newsletter