Keppel bags FPSO contracts in Brazil

Keppel FELS Brasil has bagged two floating production storage and offloading (FPSO) topside contracts. The two contracts worth R$500m are for and Single Buoy Moorings Inc. (SBM), and a joint venture between MODEC and Toyo Offshore Production Systems (MTOPS). Work on the FPSOs is expected to start in the first quarter of this year and be completed in the fourth quarter of 2012.


"We are heartened that SBM and MTOPS have reaffirmed our position as the choice solutions partner in Brazil's offshore and marine industry with these contracts to fabricate and integrate modules for their latest FPSOs,” said Chow Yew Yuen, president (The Americas) of Keppel Offshore and Marine.
(Source:http://www.seatrade-asia.com)