COSCO Shipyard Co. Wins Conversion of Large Crude Carrier to FPSO

Today, Singapore based COSCO Corporation Limited announced that its subsidiary, COSCO Shipyard Co., Ltd. has secured a contract to convert a large crude carrier tanker to a floating production storage and offloading (FPSO) vessel.

The MT Sunrise Jewel will be converted at the Dalian shipyard for its Japanese owner, MODEC, Inc.. The FPSO is being designed to operate for 20-years without having to undergo dry docking. According to a release from COSCO Corp. the FPSO will have the capacity to process 28,600 Sm3/day of liquid crude oil, and the capacity to handle processing and compression of 8,000,000 Sm3/day of gas. The FPSO will also be fitted with the capacity to store 1,600,000 barrels of oil.

The refit will be deployed in the Carnami-Sul Field, offshore Brazil. 

____

Image courtesy of MODEC, Inc.