Keppel FELS Brasil S/A's (Keppel FELS Brasil) yard in Angra dos Reis,
Rio de Janeiro, Brazil - BrasFELS - has delivered FPSO Cidade de Sao
Paulo 19 days ahead of schedule and with an excellent safety record.
FPSO Cidade de Sao Paulo has a production capacity of 120,000
barrels of oil per day (bopd) and is able to compress 5 million cubic
metres of gas per day.
It is the first of two Floating Production Storage
and Offloading (FPSO) projects BrasFELS is undertaking for MODEC and
Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint venture
between MODEC, Inc. (MODEC) and Toyo Engineering Corporation (TOYO).
For achieving an excellent safety performance throughout this
two-year project, MTOPS awarded BrasFELS with a safety bonus in addition
to an early delivery bonus.
Arriving at BrasFELS in 4Q 2011, FPSO Cidade de Sao Paulo will soon
proceed to operate for Petróleo Brasileiro S.A. (Petrobras) and its
partners in the pre-salt region of the Santos Basin.
BrasFELS' work scope for this FPSO project comprised the fabrication
of riser manifolds, laydown areas and the flare tower as well as the
assembly and integration on board the FPSO.
Mr Kwok Kai Choong, President and Chief Executive Officer of Keppel
FELS Brasil, shared, "We appreciate our growing ties with MTOPS, MODEC
and TOYO. The successful and early delivery of FPSO Cidade de Sao Paulo
bears testament to the good teamwork and understanding between our
companies and our ability to provide a high quality production vessel
for Petrobras' operations. We are also thankful for these safety and
early delivery bonuses, which are great encouragements to our efforts to
ensure safe, prompt and high quality services for all our customers.
"As the most comprehensive yard in Latin America today, BrasFELS
offers a full range of newbuild construction, conversion, upgrade,
modification and repair services. We will continue to improve our
infrastructure and capabilities to strengthen our strong track record
for win-win-win collaborations - in other words, build
mutually-satisfying partnerships between fleet operators, field
operators and ourselves."
Mr Richard Matten, Project Manager of MODEC, noted, "We believe that
working with established partners helps to ensure that our customers get
their FPSO safely, on budget, to required quality level and on time to
meet production targets. BrasFELS was our yard of choice for the FPSO
Cidade de Sao Paulo project, and it did a remarkable job! BrasFELS
worked very well with our project team to ensure the safe and prompt
turnaround of this project.
"Presently, we are working with the yard on another project, FPSO
Cidade de Mangaratiba. We are confident that this project too will be
delivered to our highest satisfaction."
Scheduled to be delivered in 2014, FPSO Cidade de Mangaratiba will
have a production capacity of 150,000 bopd and a storage capacity of
1,600,000 barrels of oil.
In August 2012, the yard secured two contracts from the Petrobras-led
consortiums Guara B.V. and Tupi B.V. to fabricate and integrate the
topside modules of FPSO P-66 and P-69 respectively.
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