Ezra bags $110 million contract from Jurong Shipyard for deepwater project in Brazil

Ezra bags $110 million contract from Jurong Shipyard for deepwater project in Brazil

SINGAPORE -- Ezra Holdings' wholly owned subsidiary London Marine Consultants (LMC), Ezra’s FPSO Turret Design outfit, has been awarded a contract by Sembcorp Marine’s subsidiary Jurong Shipyard of Singapore, to supply an external turret mooring system for the Libra field’s Extended Well Test (EWT) FPSO vessel.

LMC scope of supply includes engineering, procurement and construction of the complete external turret. LMC will also design the mooring lines, analyze the risers and provide engineering support for integration of the turret and swivel stack onto the FPSO at Jurong Shipyard.

Libra field is a large, ultra-deepwater oil prospect located in the Santos basin, about 230 km off the coast of Rio de Janeiro, Brazil, north of Tupi field. The oil field is estimated to contain recoverable resources ranging from 8 Bbbl to 12 Bbbl of oil and is one of the largest deepwater oil accumulations globally.

OOGTK Libra, a JV between Brazil’s Odebrecht Oil & Gas and Teekay Offshore, has awarded a contract to Jurong Shipyard for conversion of the Navion Norvegia shuttle tanker to form the Libra EWT FPSO. This JV company will own and operate the FPSO, chartering it to Petrobras for twelve years, excluding options.

Engineering and project management are currently underway in the group’s London office, with turret fabrication planned at Triyards in Vietnam, another subsidiary of Ezra Holdings. Under a sub-contract from LMC, OneSubsea will manufacture an advanced swivel stack in Norway, with six swivels, including two high pressure (550 bar) gas injection swivels, in time for integration of the complete turret onto the FPSO in the first quarter of 2016.