Deltamarin Ltd has entered into a contract with Jurong Shipyard Pte Ltd for the basic engineering of the Libra FPSO (floating production, storage and offloading unit). Deltamarin’s scope of work covers the marine part of the conversion of the Navion Norvegia shuttle tanker into the Libra FPSO, the company said in its press release.
The conversion shall be performed at the Singaporean Jurong Shipyard, whose customer is OOGTK Libra GmbH & Co KG, a 50/50 joint venture between Odebrecht Oil & Gas and Teekay Offshore. The joint venture company works as the lead commercial bidder for the Brazilian energy company Petrobras on the Libra project. The vessel is expected to be owned and operated by OOGTK and chartered to Petrobras. It will be serving the Libra pre-salt field in the ultra-deepwater section of Brazil’s Santos Basin as an early well-testing unit.
The contract guarantees the continuation of Deltamarin’s involvement in the Libra project as the company has earlier participated in the outline phase design of the unit. “We are very happy to be a part of this fast track FPSO project and we strongly believe it will be a success for all parties. This contract shows the market’s strong belief in Deltamarin’s ability to perform in technically complex fast track offshore engineering projects”, says Deltamarin’s Offshore Director Mr Oskari Jaakkola.
The FPSO completion is scheduled for the third quarter of 2016 and it is planned to start its operations in late 2016. The production capacity will be 50,000 barrels of oil per day and 4 million cubic metres of natural gas per day.
The contract value of Deltamarin’s engineering work is 3.2 M€ and the work is to be completed during the second quarter of 2015.
About Deltamarin Ltd:
Deltamarin Group provides services for shipping, shipbuilding, naval, marine and offshore industry worldwide. The services cover the entire field of engineering from feasibility studies through concept development, FEED and basic design up to complete engineering and contracting packages, including site supervision. Deltamarin employs around 400 designers in its own and associated companies. Offices are located in Western Europe, Brazil, China, Singapore and Malaysia. Deltamarin is a subsidiary to AVIC International Maritime Holdings Limited.
