Independent journal on economy and transport policy
06:57 GMT+1
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Assigned Saipem to Sembcorp Marine the contract of conversion for two FPSO
The store clerk has a total value of about 483 million dollars
July 22, 2014
Saipem KNOWS, branch French of the Italian group Saipem, has assigned to the ship yard Sembawang Shipyard of the Sembcorp group of Singapore Marine the contract of conversion for two Floating Storage Production Offloading (FPSO) destined to the project of Kaombo, in the offshore one of Angola ( on 17 April 2014). The store clerk, that she consists in the conversion of two Raw oil tankers Very Large Carrier in two FPSO, has a total value of about 600 million dollars of Singapore (USA 483 million dollars).
The first VLCC, Olympia, will enter in yard in the third trimester of this year, while second, the Antarctic one, it will enter in the plant of Singapore in the first trimester of 2015. The entire project will be carried to term in 32 months.
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Saipem KNOWS, branch French of the Italian group Saipem, has assigned to the ship yard Sembawang Shipyard of the Sembcorp group of Singapore Marine the contract of conversion for two Floating Storage Production Offloading (FPSO) destined to the project of Kaombo, in the offshore one of Angola 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
