Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage and Offloading (FSO) conversion contract worth $41.4 million (SGD 56 million) from Teekay Offshore Partners L.P. for the Gina Krog Field in the North Sea.

Sembawang Shipyard will work closely with Teekay to convert the shuttle tanker Randgrid into an FSO. Major conversion works include installation of a new helideck, hull reinforcements, refurbishment of submersible turret loading (STL) 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, 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. Ong Poh Kwee, deputy president of Sembcorp Marine and managing director of Sembawang Shipyard, said: “We are honored to have been chosen by Teekay for this important conversion project.

Tags: SembCorp Marine