Keppel to deliver OSX-1 FPSO for Waimea oil field in the Campos Basin offshore Brazil

Source: Keppel Shipyard

Keppel Shipyard Ltd is on track to complete the modification and upgrading works on FPSO OSX-1, the first floating production storage and offloading (FPSO) unit for OSX Brasil S.A.

Chartered to OGX Petroleo e Gas Participacoes S.A. (OGX), FPSO OSX-1 will be deployed in the Waimea oil field, in Campos Basin, offshore Brazil. This project will deliver OGX's first oil, just four years after the company was founded. Production is expected to commence in the last quarter of this year. 

Lady Sponsor Cristina Pinto named the vessel today in the presence of Mr Joao Ziccardi Navajas, Minister Counsellor at the Embassy of Brazil in Singapore, and Mr Reinaldo Belotti, Production Director of OGX

Keppel Shipyard's work scope on FPSO OSX-1 includes fabricating, modifying and upgrading the topside process modules. The yard had partnered sister company DPS (Bristol) Ltd to undertake detailed engineering and procurement work for the topside modules. 

OSX had engaged BW Offshore for project management, engineering services and technical guidance services for this project. 

Previously named Nexus-1, the FPSO OSX-1 is expected to leave the yard in the third quarter of 2011. 

Keppel Shipyard was also recently awarded the conversion of FPSO OSX-2 by Single Buoy Moorings Inc (SBM), which had been contracted by OSX to supply a FPSO for OGX's field in Campos Basin, offshore Brazil.



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