Keppel to Deliver Latest Maersk FPSO for Peregrino Field

Keppel is on track to complete the conversion of Maersk Peregrino for long time customer Maersk FPSOs.

Maersk Peregrino is chartered to Statoil for deployment in the Peregrino field in the Campos Basin, located 85 km off the coast of Rio de Janeiro, Brazil. This vessel was converted to Maersk FPSOs' stringent requirements, which will prepare her to handle the heavy crude oil of the Peregrino field, and operate in its challenging environment safely and efficiently.

Mr. Nils S. Andersen, Group CEO of A. P. Moller – Maersk A/S (Maersk), parent company of Maersk FPSOs, said, "Tailoring the FPSO to meet the requirements of the Peregrino field is a complex undertaking. We have chosen Keppel Shipyard for this massive project due to the skills and competencies of the Keppel yards.

"We are pleased to note the capable leadership and competency of both the Maersk and Keppel teams, resulting in the timely and safe conversion of our latest FPSO. This is a truly remarkable relationship, which we hope to expand and build upon in the future."

Work on Maersk Peregrino involved the marine conversion of a newbuild VLCC (Very Large Crude Carrier); the installation and integration of the topside modules; the assembly, installation and integration of the APL internal turret; the fabrication and installation of the flare tower, process piperack and helideck; and the upgrading of the accommodation quarters.

The vessel is scheduled to depart Keppel Shipyard in the third quarter of this year, and is expected to achieve first oil in early 2011. Maersk Peregrino has a storage capacity of 1.6 million barrels of oil, and will be able to process 100,000 barrels of oil per day on location.

Mr. Choo Chiau Beng, Chief Executive Officer of Keppel Corporation Limited and Chairman of Keppel Offshore & Marine, said, "More than a customer, Maersk is also one of our key partners in safety, who has contributed significantly to our efforts in creating an incident-free workplace for all at Keppel Shipyard.

"Leading up to the completion of Maersk Peregrino, our teams will continue to work hard to ensure that no one gets hurt. With the combined efforts and commitment of the Keppel and Maersk project teams, I am confident that we will deliver a fine FPSO that will serve Statoil well throughout her deployment in Brazil."

 

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