The conversion is scheduled to be completed in the third quarter of 2016 and the FPSO will have the capacity to produce 50,000 barrels of oil per day and 4m cu m of natural gas per day.
The FPSO is expected to be chartered to Petrobras for work on the Libra field in the ultra-deepwater section of Brazil’s Santos Basin.
Operating as an early well-test unit, the FPSO will be on a 12-year charter once it begins its contract in late 2016.
“The conversion work will be done at our Sembmarine Integrated Yard @ Tuas which will soon commence work on its first FPSO conversion project,” said William Gu, general manager of Jurong Shipyard’s offshore division.
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