Officials during the event.
Drydocks World has signed a contract with Malaysia-based Yinson Production to upgrade, refurbish, and convert a floating production storage and offloading (FPSO) vessel.
The contract with Yinson Production, which designs, constructs, and operates industry-leading production assets for the offshore oil and gas industry – covers conversion and life extension services, as well as refurbishment for the FPSO Atlanta at Drydocks World-Dubai.
The upgraded FPSO will be delivered in the third quarter of 2023 to Brazilian independent oil and gas company Enauta at the offshore Atlanta Field in the Santos Basin.
FPSO vessels are vital to offshore oil operations, receiving crude oil and other liquids from subsea reservoirs and separating it into natural gas and oil with processing facilities onboard.
The FPSO project with Drydocks World will be fully operational by 2024 and support Yinson Production’s goal of producing up to 50,000 barrels of oil per day from the field.
It also reinforces the long-term viability of the of ‘Made in the UAE’ solutions.
Capt. Rado Antolovic PhD, CEO of Drydocks World, said: “Signing a contract for this prestigious project reflects our proven technical capabilities and track record. Our expertise in refurbishment, conversion and upgrading FPSO vessels allows us to support Yinson Production in its commitment to improving global access to stable energy sources.”
“We are pleased to enter a new partnership with Yinson and pave the way for a long-term business relationship.” David Hamilton, Project Manager, Yinson Production said: “The competitive bidding process for this project was rigorous. Selecting Drydocks World outlines the importance of finding a partner with capabilities in upgrading and enhancing FPSO vessels. We look forward to delivering the Atlanta FPSO to Enauta in 2023 and reaffirming our commitment to making energy stable and affordable across the world.”
The technical scope of work for the 18-month project at the Drydocks World-Dubai shipyard includes production engineering, procurement of bulk material, construction as well as support for onshore commissioning.
Additionally, the redeployment scope of the project includes steel renewal, piping refurbishment, tank coating, refurbishment of equipment, and the upgrade of an FPSO for operation at the Atlanta field in the Santos basin, Brazil. This includes life extension and installation of new equipment in order to utilise 100 per cent of produced gas and minimising greenhouse gas emissions.
Drydocks World, the service provider to the marine, offshore, oil, gas and renewable energy sectors, held a steel-cutting ceremony to commence production on single point mooring buoy “Lekki SPM Project” planned to be installed in the petroleum product handling facility at the Lekki Free Trade Zone in Lagos State in Nigeria.
Orwell has successfully secured the contract for the fabrication which includes the Engineering, Procurement and Construction, EPC, basis and installation of the Buoy by Pinnacle Oil & Gas; aiming to develop the petroleum product handling facility in Nigeria.
The Buoy is 16.5 meters Diameter and 10.6 metres high, weighing around 290 tonnes. The work on the project will require around 110,000 man hours to complete the fabrication and testing works.
Drydocks World – Dubai scope of fabrication includes: bulk procurement, fabrication engineering, assembly, machining, inspection, mechanical completion, testing and load-out of the SPM Buoy.
The project is scheduled to be delivered by the end of the first quarter of 2021.
When completed, the proposed mooring facilities will transfer petroleum products through pipelines between the offshore mooring facilities and the onshore storage terminal. The “Lekki SPM Project” will be certified in line with the requirements of the ABS Rules for Building and Classing Single Point Moorings, 2014.
Capt. Rado Antolovic PhD CEO of Drydocks World said, “Drydocks World has a strong track record in delivering complicated and challenging offshore projects with an excellent safety and quality level.”
“These have positioned our yard as a global specialist with expertise in delivering large-scale projects of significant complexity.”
Orwell Offshore has awarded this project to our Dubai yard based on our track record and the depth of the team’s understanding. We look forward to further strengthening our partnership and collaborating with Orwell Offshore, for whom we have already delivered a number of major projects.”
Over the past 36 years Drydocks World-Dubai has become a leading provider of marine and offshore services to the shipping, oil, gas and energy sectors. The yard is strategically located in a rapidly developing region of the world.
Drydocks World completes over 300 projects a year on average, with a record of handling 42 refurbishment projects simultaneously. The yard is spread over 200 hectares, 4 dry docks, with the largest dock capable of handling the world’s largest ship, and over 3,700m of berth space. Innovative projects have been constructed in Drydocks World, breaking records for some of the largest new build offshore fabrication projects worldwide.