Yinson’s FPSO Abigail-Joseph has set sail from Singapore to the Anyala & Madu fields in Block OML 83 & 85, offshore Nigeria, marking the completion of its conversion and a life extension phase ahead of its contract with First E&P.
As previosuly reported, Keppel Offshore & Marine delivered the FPSO Abigail-Joseph to Yinson following refurbishment and life extension work, engineering and procurement, fabrication and installation of new structures including the helideck and riser balcony, as well as the installation, integration, and completion of topside modules.
Yinson said in an update earlier this week that the vessel had set sail to Nigeria. It is expected to reach Nigeria by early May after which it will undergo final commissioning works. The start-up of production is scheduled for the end of May 2020.
The vessel is chartered by client First Exploration and Petroleum Development Company on a firm seven-year contract with options to extend.
The conversion of the vessel, which was carried out in Keppel Benoi Shipyard Singapore, was completed within seven months. This is believed to be the world’s fastest delivery of a brownfield FPSO modification and upgrading project, Yinson said.
Yinson’s Group Chief Executive Officer Lim Chern Yuan said that the redeployment strategy was proving to be a strong strategic decision.
The FPSO Abigail-Joseph is a redeployment of one of Yinson’s existing vessels, FPSO Allan, which had previously operated for nearly 10 years in the Olowi Field in Gabon. The FPSO is Yinson’s second vessel to operate in Nigerian waters, with the first being FPSO Adoon which is currently operating in Block OML 123.
The FPSO Abigail-Joseph has a storage capacity of not less than 550,000 barrels and is designed to produce 50,000 barrels of oil per day with gas lift and gas injection capacities at 15 MMSCFD and 39 MMSCFD respectively.