Deltamarine bags Libra FPSO conversion deal

Deltamarin Ltd has entered into a contract with Jurong Shipyard Pte Ltd for the basic engineering of the Libra FPSO (floating production, storage and offloading unit).

Deltamarin’s scope of work covers the marine part of the conversion of the Navion Norvegia shuttle tanker into the Libra FPSO.

The conversion will be performed at the Singaporean Jurong Shipyard, whose customer is OOGTK Libra GmbH & Co KG, a 50/50 joint venture between Odebrecht Oil & Gas and Teekay Offshore. The joint venture company works as the lead commercial bidder for the Brazilian energy company Petrobras on the Libra project. The vessel is expected to be owned and operated by OOGTK and chartered to Petrobras. It will be serving the Libra pre-salt field in the ultra-deepwater section of Brazil’s Santos Basin as an early well-testing unit.

The contract guarantees the continuation of Deltamarin’s involvement in the Libra project as the company has earlier participated in the outline phase design of the unit, Deltamarin said.

“We are very happy to be a part of this fast track FPSO project and we strongly believe it will be a success for all parties. This contract shows the market’s strong belief in Deltamarin’s ability to perform in technically complex fast track offshore engineering projects,” says Deltamarin’s Offshore Director Oskari Jaakkola.

The FPSO completion is scheduled for the third quarter of 2016 and it is planned to start its operations in late 2016. The production capacity will be 50,000 barrels of oil per day and 4 million cubic metres of natural gas per day.

The contract value of Deltamarin’s engineering work is 3.2 M€ ($4.07 M) and the work is to be completed during the second quarter of 2015.

Press Release; Image: Petrobras

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply