SBM Offshore-owned FSO to be converted into FPSO for Australian oil development project

An FSO owned by SBM Offshore will be converted into a FPSO with a disconnectable turret.

The full scope of this turnkey supply contract for the joint venture between Woodside Energy and Cossack Wanaea Lambert Hermes (SWLH) has been signed. The CWLH project is one of Australia's most productive oil developments and is located 135km northwest of Karratha in Western Australia. The converted FPSO will replace the currently operating FPSO ‘Cossack Pioneer’ in the fourth quarter of 2010. The SBM Offshore-owned ‘Okha’ FSO will be used for conversion into an FPSO with a disconnectable turret. The ‘Okha’ is currently under contract with SEIC for operation in Sakhalin until December this year. It will sail to Keppel shipyard in Singapore for conversion and integration of the process modules and turret.
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