Keppel to deliver Maersk FPSO to Brazil

The floating vessel is expected to dig first oil in 2011.

Maersk Floating Production and Storage Offloading (Maersk FPSO) is set to depart Keppel Shipyard in the third quarter for Peregrino, Brazil, according to a Keppel report on Saturday.

Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the conversion of Maersk Peregrino for long time customer Maersk FPSOs.

Maersk Peregrino is chartered to Statoil for deployment in the Peregrino field in the Campos Basin, located 85 km off the coast of Rio de Janeiro, Brazil. The vessel was converted to Maersk FPSOs’ stringent requirements, which will prepare it to handle the heavy crude oil of the Peregrino field, and operate in its challenging environment safely and efficiently.

Speaking at the vessel’s naming ceremony on Saturday, Mr Nils S. Andersen, Group CEO of A. P. Moller – Maersk A/S (Maersk), parent company of Maersk FPSOs, said, “Tailoring the FPSO to meet the requirements of the Peregrino field is a complex undertaking. We have chosen Keppel Shipyard for this massive project due to the skills and competencies of the Keppel yards.

Work on Maersk Peregrino involved the marine conversion of a newbuild VLCC (Very Large Crude Carrier); the installation and integration of the topside modules; the assembly, installation and integration of the APL internal turret; the fabrication and installation of the flare tower, process piperack and helideck; and the upgrading of the accommodation quarters.

Maersk Peregrino has a storage capacity of 1.6 million barrels of oil, and will be able to process 100,000 barrels of oil per day on location.

Mr Choo Chiau Beng, Chief Executive Officer of Keppel Corporation Limited and Chairman of Keppel Offshore & Marine Ltd, said, “More than a customer, Maersk is also our key partner in safety, who has contributed significantly to our efforts in creating an incident-free workplace for all at Keppel Shipyard.

Keppel’s partnership with Maersk spans more than 30 years, which started with a successful rig repair undertaken by the Group’s Offshore Division.
Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.