Jurong Shipyard Snags FPSO Conversion Contract

Jurong Shipyard won a contract to convert the Aframax tanker MT Arc II to the Petrojarl Cidade de Itajai FPSO for Petrobras' Tiro e Siden field. The contract includes detailed engineering, installation and integration of 16 topside modules, installation of spread mooring and power generation systems, accommodation upgrading, as well as extensive piping and electrical cabling works. The FPSO will be moored in about 909 feet (277 meters) of water, and will process at least 80,000 bopd and 70 MMcf/d of gas, injecting more than 96,000 barrels of water per day and storing 650,000 barrels of oil. The Petrojarl Cidade de Itajai FPSO, designed to remain on the field for up to 15 years without dry-docking, is due for delivery in the first quarter of 2010. Tiro e Siden fields are situated in 820 feet (250 meters) of water in exploratory Block BM-S-40 about 130 miles (210 kilometers) off the coast. Petrobras wholly owns and operates the fields.

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