Dresser-Rand Clinches 4 FPSO Turbomachinery Orders

Dresser-Rand Group announced that it will supply advanced turbomachinery to three different Clients for four floating, production, storage and offloading (FPSO) vessels, three of which are destined for Petrobras' pre-salt oil fields in the Santos Basin offshore Brazil and one for the UK sector of the North Sea.

Dresser-Rand will supply 14 centrifugal compressor trains comprising eighteen (18) casings, two DR-61G (LM2500) mechanical drive gas turbines and four DR-61GP (LM2500+) gas turbine generator sets for these projects. The total price for the scope being supplied exceeds $120 million.

The compressor trains will be manufactured in Le Havre, France and Olean, NY; the gas turbine generator sets will be engineered by Dresser-Rand's Kongsberg gas turbine packaging center of excellence. Dresser-Rand booked these orders in March 2010.

"We are very pleased that we have been selected to supply the critical rotating equipment for these important projects. Leveraging our global presence and world-class singular processes, our teams in Houston, Le Havre, Kongsberg and Kuala Lumpur worked closely with our Clients' teams on selecting the best technology to meet application requirements and offer single-source solutions for compression and power generation," said Jesus Pacheco, Dresser-Rand's executive vice president, New Equipment Worldwide. Among the equipment being supplied will be some of the highest density re-injection compressors ever built, such as the 550 bar (7975 psi) units to compress a 35+ mole weight natural gas/CO2 blended stream, as well as CO2 compressors to re-inject carbon dioxide to over 300 bar (4350 psi) pressure.

"Two of the four FPSO projects involve relocation of existing vessels and required very short cycle times, which we were able to meet. This award is representative of the value our technology, cycle times and advanced business processes bring to our clients," added Pacheco. These vessels will be capable of handling oil production and treatment of approximately 100,000 -120,000 barrels per day and have gas compression capabilities of up to 150 million standard cubic feet per day.

"We believe activity in the floating production market will continue to be significant and, as our success in every FPSO project that has closed since the fourth quarter of 2009 shows, that our value proposition remains compelling," said Pacheco.