MARITIME & LOGISTICS NEWS - US & WORLDWIDE

Keppel FELS Brasil S/A has secured two contracts worth a total of about $950 million from the Petrobras-led consortiums, Guara BV and Tupi BV, for the fabrication and integration of topside modules on the Floating Production Storage and Offloading vessels (FPSO) P-66 and P-69.

As part of the agreement, Petrobras has an option for a similar contract to be exercised by 1Q 2014.

The FPSOs will have identical work scopes which includes the fabrication and integration of seven topside modules. When completed, P-66 will be deployed to the Guara field while P-69 will work in the Tupi field in offshore Brazil. Both FPSOs will each have a production capacity of 150,000 barrels of oil per day (bopd).

BrasFELS, Keppel FELS Brasil's shipyard located in Angra dos Reis, Rio De Janeiro, is currently also undertaking the fabrication and integration of topside modules for FPSO Cidade De Paraty and FPSO Cidade De Sao Paulo. BrasFELS recently sealed a contract with MTOPS (MODEC and Toyo Offshore Production Systems), for the fabrication and integration of topsides for FPSO Cidade de Mangaratiba.

Keppel FELS Brasil is a wholly-owned subsidiary of Keppel Corporation, through Keppel O&M. It operates BrasFELS yard in Angra dos Reis, which is the most comprehensive shipyard in Latin America. Established in 2000, its track record includes three mammoth floating production units, P-52, P-51 and P-56 as well as the modules fabrication and integration of FPSO P-57.

The yard is also undertaking the construction of the P-61 Tension Leg Wellhead Platform (TLWP) for the Papa-Terra field in Brazil's Campos Basin, the upgrading and lengthening of a drillship for Noble Corporation and the construction of a drilling semisubmersible, DSSTM 38E for Sete Brasil. The yard will shortly embark on the construction of five additional DSSTM 38E semisubmersibles for Sete Brasil.

Source: Keppel FELS Brasil