Aker Kvaerner to provide FSPO

Aker Kvaerner has signed a contract valued at approximately $13m with MODEC International for delivery of process modules for a floating production facility (FPSO).

The scope, to be performed by the Aker Kvaerner’s Process Systems subsidiary, will be engineering, procurement, construction, assembly, test and delivery of Aker Kvaerner’s sulphate removal unit (SRU) and de-aerator system.

Engineering will be executed from Kvaerner’s office in Oslo, Norway. Construction, assembly and testing will be carried out at Aker Kvaerner’s new manufacturing facility in Port Klang, Malaysia. This will be the first delivery of process technology from this new facility in Malaysia, which is relatively short distance to the client’s office in Singapore.

MODEC is a leading provider of floating production facilities (FPSO, PSO and TLP). The FPSO will be capable of crude processing and gas separation and compression. The FPSO will have an oil storage capacity of 1,600, 000 barrels. The FPSO is expected to start the production in the field in the fourth quarter of 2008.