Atlanta, Georgia 2022-05-24 20:48:14 –
Dubai, May 24, 2022 (WAM)-Dry Dock World signs contract with Malaysia-based Yinson Production to upgrade, refurbish, and modify floating production storage and unloading (FPSO) vessels. ..
The contract with Yinson Production, which designs, builds and operates industry-leading production assets for the offshore oil and gas industry, includes conversion and life extension services, as well as refurbishment of DryDock World Dubai’s FPSO Atlanta.
The upgraded FPSO will be delivered to Brazil’s independent oil and gas company Enauta off the coast of Atlanta Field in the Santos Basin in the third quarter of 2023.
FPSO vessels are essential for offshore oil operations that receive crude oil and other liquids from submarine reservoirs and separate them into natural gas and oil at onboard processing facilities. The FPSO project with dry dock 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 enhances the long-term viability of the “Made in the UAE” solution.
Captain Rado Antolovic PhD, CEO of Drydocks World, said: Improve global access to stable energy sources. He is pleased to enter into a new partnership with Yinson, paving the way for long-term business relationships. “
David Hamilton, Project Manager at Yinson Production, said: In 2023, we reaffirmed our commitment to making energy stable and affordable around the world. “
The technical scope of the 18-month project at Dridock World-Dubai Shipyard includes production engineering, bulk material procurement, construction, and onshore test run support. In addition, the scope of the project’s relocation includes steel renewal, plumbing refurbishment, tank coating, equipment refurbishment, and FPSO upgrades for operation in the Atlanta oilfields of the Santos Basin, Brazil. This includes extending the lifespan and installing new equipment to make 100% use of the gas produced and minimize greenhouse gas emissions.
Drydocks World signs contract with Yinson Production to upgrade Atlanta Floating Production storage, offloading vessel Source link Drydocks World signs contract with Yinson Production to upgrade Atlanta Floating Production storage, offloading vessel