Drydocks World Wins $13 Million FPSO Conversion Project

Drydocks World announced that it has been awarded a conversion contract for the FPSO, estimated at USD 13 million by BW Offshore, one of the world's leading FPSO contractors.
 The vessel, BW Carmen, which has been renamed BW Athena was built in 1994 and converted to an FPSO in 1999. The vessel arrived at the yard recently.
 Under the agreement with BW Offshore, Drydocks World’s scope of work includes lengthening of the vessel and fabrication and installation of a new section for the Submerged Turret Production (STP) system.  All associated piping and electrical modification, module and crane installation and topside repair will be carried out at Dubai shipyard.
 Khamis Juma Buamim, Chairman Drydocks and Maritime World, said: “We have made a name for ourselves in the vessel conversion market and have supported the oil and gas industry with a diverse range of projects, primarily FPSO and FSOs of varying scope and scale suited to industry needs. The contract is a testament to our growing technical capabilities and effective project management skills. We are certain that our growing portfolio of projects from world leading industry players will enhance our clout in this vital sector.”
 Buamim added that "Drydocks World is positive about the future. We are armed with a solid business strategy that takes into account changing trends in the maritime industry."
Source: Press release