Keppel snags FPSO conversion contract for Liza Destiny

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Work being undertaken on a vessel at Keppel Shipyard

Keppel Shipyard Ltd. has been awarded a contract by Dutch floater specialist SBM Offshore for the conversion of the Floating Production Storage and Offloading vessel (FPSO) which will be deployed to the Liza field, 193km offshore Guyana in 2019.

The contract entails the conversion of a Very Large Crude Carrier (VLCC) into the FPSO, branded the Liza Destiny, which will bring first oil for the South American country in mid-2020.

OilNOW understands that Keppel will be tasked with refurbishment and life extension works of the vessel which will have a maximum storage capacity of 1.6 million barrels of oil, capable of producing up to 120,000 barrels per day.

The vessel will also have a gas treatment capacity of approximately 170 million standard cubic feet per day.

SBM has been contracted by ExxonMobil to install, lease and operate the Liza Destiny. The company commenced the front-end engineering and design and early engineering, procurement and construction work scope for the vessel at the end of 2016.

Keppel Shipyard Ltd., a wholly-owned subsidiary of Keppel Offshore & Marine, specializes in offshore rig design, construction and repair, ship repair and conversion, and specialised shipbuilding.