Sembcorp Marine secures FSO conversion contract

Sembcorp Marine secures FSO conversion contract

Singapore: Sembcorp Marine has announced today that its Sembawang Shipyard has secured a Floating Storage and Offloading (FSO) conversion contract worth S$56m ($41.5m) from Teekay for the Gina Krog Field in the North Sea.

Sembawang Shipyard will convert the shuttle tanker Randgrid into an FSO. Major conversion work include installation of a new helideck, hull reinforcements, refurbishment of submersible turret loading compartment, installation of offshore crane, loading hose reel package, azimuth thruster and replacement of two generators, as well as associated piping and additional cabling works. The yard will also fabricate and install new living quarter decks on the vessel.

The vessel is expected to arrive at Sembawang Shipyard in June 2015, with completion in 11 months, after which the FSO Gina Krog will head towards the Norwegian North Sea under a charter contract between Teekay and Statoil.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

Related Posts