Teekay Petrojarl awards FPSO Petrojarl I upgrade contract to DSR

22 December 2014 (Last Updated December 22nd, 2014 18:30)

Norway's Teekay Petrojarl has awarded an engineering, procurement and construction (EPC) contract to Damen Shiprepair Rotterdam (DSR) for the upgrade of its FPSO Petrojarl I.

Petrojarl I

Norway’s Teekay Petrojarl has awarded an engineering, procurement and construction (EPC) contract to Damen Shiprepair Rotterdam (DSR) for the upgrade of its FPSO Petrojarl I.

The announcement comes after the vessel had been contracted by Queiroz Galvão Exploração e Produção for deployment at the Atlanta post-salt oil field in the Santos Basin, Brazil.

Constructed in 1986, Petrojarl I is currently in operation in the North Sea.

Under the new charter contract, the upgraded vessel will be used to produce heavy crude oil in a water depth of 1535m.

Damen Shiprepair and Conversion commercial managers Ruud Haneveer and Bas Loohuis said in a joint statement: "To our knowledge, an EPC redeployment upgrade contract has not been carried out in Europe before.

"Under the new charter contract, the upgraded vessel will be used to produce heavy crude oil in a water depth of 1535m."

"We expect, by being responsible for the hull, the topside conversion and its integration, to offer Teekay a controlled situation with regards to safety, quality, budget and delivery time and herewith demonstrate to our future customers our EPC capabilities."

The upgrade work includes basic engineering and detailed and construction design, as well as engineering, workshop drawings, interface engineering and marine and process equipment procurement.

Additional work includes fabrication, construction, corrosion protection / coating, transport and lifting operations, integration, mechanical completion, performance testing and commissioning activities.

DSR will renovate and modify the marine, hull and life extension according to class, and convert the process systems to ensure the vessel meets Brazilian regulations.

Petrojarl I is expected to reach the yard in January 2015, with work completed within a year.


Image: The upgraded FPSO Petrojarl I will be used to produce heavy crude oil in a water depth of 1535m. Photo: courtesy of Damen Shipyards Group.