Keppel's BrasFELS Completes Project for MODEC's FPSO

Singapore's Keppel Offshore & Marine Ltd. (Keppel O&M) disclosed Tuesday that its subsidiary, Keppel FELS Brasil SA’s BrasFELS shipyard has recently completed the integration and completion works on FPSO (floating production storage and offloading) Cidade de Caraguatatuba MV27 for MODEC Offshore Production Systems (Singapore) Pte Ltd., a MODEC, Inc. group company.

The FPSO arrived at BrasFELS from Singapore in the second quarter of 2016 after completing the first phase of integration works at another Keppel O&M unit, Keppel Shipyard Ltd., in Singapore. Upon completion of BrasFELS’ scope of work, the unit was towed offshore to support Petrobras’ operations in the Lapa (formerly Carioca) oilfield of the Santos Basin, Brazil.

"The safe and expedient completion of BrasFELS' scope of work on FPSO Cidade de Caraguatatuba MV27 reflects the good teamwork we have built up with MODEC over several projects. It extends our track record as the most established shipyard in the region having delivered milestone projects for Brazil since 2000," Kwok Kai Choong, CEO of Keppel FELS Brasil, said in the press release.

FPSO Cidade de Caraguatatuba MV27 is the fourth MODEC FPSO to undergo integration and completion works at BrasFELS since 2012 and all four projects were delivered safely and ahead of schedule. The FPSO is equipped to process up to 100,000 barrels of oil per day and 177 million standard cubic feet of gas per day, with the facility possessing a storage capacity of 1.6 million barrels of oil.

"We are glad to complete another high quality FPSO project at BrasFELS ... MODEC is committed to support the development and growth of Brazil’s significant oil and gas industry, and we are glad to have a good partner in the Keppel Group to help us on this journey," Sateesh Dev, president & CEO of MODEC Offshore Production Systems (Singapore).

Meantime, BrasFELS and MODEC are working on a fifth FPSO project, FPSO Cidade de Campos dos Goytacazes MV29. BrasFELS' workscope comprises the fabrication and integration of nine topside production modules, with the vessel expected to arrive at the shipyard by the first quarter of 2017 for integration.



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