FPSO PSVM Set for BP’s Angola Development Offshore West Africa after Milestone Conversion in Jurong Shipyard

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16 April 2011

FPSO PSVM, one of the world’s largest Floating Production Storage and Offloading vessels successfully converted by Sembcorp Marine’s subsidiary Jurong Shipyard for contractor MODEC, is well-poised for its maiden assignment offshore Angola for owners BP Exploration (Angola) Limited and Block 31 partners.

Equipped with one of the biggest external turrets ever constructed in the oil industry and topside modules of over 20,000 tonnes, the FPSO PSVM is destined for the Plutão, Saturno, Vênus and Marte (PSVM) Development in Block 31 offshore Angola, the first ultra-deepwater development in West Africa.

Designed for up to 20 years of deployment without drydocking, FPSO PSVM will be installed in water depth of 2,000m and is capable of processing 157,000 barrels of oil per day and 245 million cubic feet per day of production gas with a storage capacity of 1.8 million barrels of oil.

To commemorate the conversion success, FPSO PSVM was named by Lady Sponsor Mrs Ana Maria Martins, the wife of Eng. Gaspar Martins, Executive Director of Sonangol E.P, in a ceremony at Jurong Shipyard on Saturday, April 16, 2010 witnessed by key representatives and stakeholders.

Converted from a Very Large Crude Carrier (VLCC) tanker Ex-Bourgogne, FPSO PSVM is the 19th conversion and upgrading by Jurong Shipyard for MODEC since the FPSO Nan Hai Sheng Li in 1995, and is a testament to the yard’s offshore conversion expertise.

The conversion of FPSO PSVM involved installation of an external turret mooring system and process facilities, which include gas turbine generators, oil separation, gas injection/gas lift and water injection system.

High standards of quality, technical excellence as well as Health, Safety, Security and Environment were achieved by Jurong Shipyard, MODEC and BP for the project, which attained a commendable safety performance of 8.1 million manhours without lost-time incidents.

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