Jurong Shipyard wins FPSO conversion contract from Singapore’s MODEC

20 October 2014 (Last Updated October 20th, 2014 18:30)

Sembcorp Marine's subsidiary Jurong Shipyard has received a contract from Singapore-based MODEC Offshore Production Systems for converting a VLCC into a floating production storage and offloading (FPSO) vessel.

Sembcorp Marine’s subsidiary Jurong Shipyard has received a contract from Singapore-based MODEC Offshore Production Systems for converting a VLCC into a floating production storage and offloading (FPSO) vessel.

The contract will be part of the TEN Development project, which is a collective development of three hydrocarbon accumulations, Tweneboa, Enyenra (formerly, Owo) and Ntomme.

In addition to the conversion, Jurong Shipyard will also carry out the repair and life extension of the vessel.

"The VLCC will be external turret moored from 1,000m to 1,800m water depth and MODEC will operate the vessel." 

After completion, the FPSO will have production and treatment capacity of 80,000bpd of crude oil, 65,000bpd of produced water, along with an onboard storage capacity of 1.7 million barrels. The vessel will be able to produce 132,000bpd of filtered, de-aerated seawater.

For the project, the VLCC will be external turret moored from 1,000m to 1,800m water depth and MODEC will operate the vessel for Tullow Oil’s subsidiary Tullow Ghana.

The new development marks the Jurong Shipyard’s 22nd FPSO conversion project with MODEC and it is expected to be completed in the fourth quarter of 2015.

Recently, the shipyard received a $696m contract from Oogtk Libra to convert Navion Norvegia shuttle tanker into a FPSO vessel.

Under the contract, Jurong provided detailed engineering, installation and integration of topside modules, installation of external turret and power generation, upgrade of accommodation, and piping and electrical cabling works.