Video: Teekay’s Petrojarl I FPSO Revamped

Aibel AS shipyard in Norway has completed the upgrade of Teekay Offshore’s Petrojarl I floating production, storage and offloading (FPSO) unit.

The FPSO unit is now en route to the Atlanta Field, which is located 185 kilometers offshore from the coast of Brazil at a water depth of approximately 1,550 meters.

The field contains an estimated 260 million recoverable barrels of oil equivalent, Teekay said.

Once the FPSO unit arrives at the Atlanta field, it will undergo field installation and testing prior to commencing its five-year charter contract with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP), which is expected to occur in the latter part of the first quarter of 2018.

“This has been a challenging project for Teekay Offshore and today, therefore, marks a significant milestone for the Petrojarl I FPSO upgrade project,” Ingvild Sæther, President and CEO of Teekay Offshore Group commented.

“We now look forward to achieving first oil on the Atlanta field which will allow our customer to begin generating a return on their investment while also adding cash flow growth to Teekay Offshore.”

The FPSO tanker was built in 1986 and features 31,500 dwt and  30,413 cbm. It flies the Bahamas flag.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Defence Safety Conference 2019

The Defence Safety Conference returns to London this October as the only event solely dedicated to enhancing safety across all aspects of defence.

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

3rd MarSat Workshop

The MARSAT project wants to operationalise and standardise EO products and aims to develop…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >