Keppel FELS Brasil secures FPSO topside contract from MTOPS

12 July 2012 (Last Updated July 12th, 2012 18:30)

Keppel FELS Brasil, a subsidiary of Keppel Offshore & Marine, has won a $200m contract from MODEC and Toyo Offshore Production Systems (MTOPS) for the fabrication and integration of topside modules for a floating production storage and offloading (FPSO) vessel.

Keppel FELS Brasil, a subsidiary of Keppel Offshore & Marine, has won a $200m contract from MODEC and Toyo Offshore Production Systems (MTOPS) for the fabrication and integration of topside modules for a floating production storage and offloading (FPSO) vessel.

The topside modules for the FPSO vessel, Cidade de Mangaratiba MV24, will be built at the company’s BrasFELS yard in Angra dos Reis, Rio de Janeiro, in the fourth quarter of 2012.

Work includes the fabrication of the helideck, flare tower, risers, manifolds, waste heat recovery units, sulphate removal unit, water injection unit and their integration.

The Cidade de Mangaratiba is scheduled to be completed by the second quarter of 2014 and is expected to have a daily production capacity of 150,000 barrels of oil per day and storage of 1,600,000 barrels of oil.

Upon delivery, the FPSO vessel will be chartered to Tupi, a Dutch company owned by Petrobas Netherlands, for 20 years to work in the Lula-Iracema South Area off the coast of Brazil.

In February 2011, Keppel secured its first project from MTOPS, a joint venture company between MODEC and Toyo Engineering, for the fabrication and integration of topside modules for the FPSO vessel Cidade de Sao Paulo.

The company said that work on the project is ongoing and is scheduled to be completed by the fourth quarter of 2012. Following delivery, the FPSO will be deployed in the pre-salt region of the Santos Basin.