A joint venture was established by DP World-owned Drydocks World and Aker Solutions to refurbish a floating production storage and offloading (FPSO) vessel for the Rosebank oil and gas field in the United Kingdom.
The vessel Petrojarl Knarr needed to be upgraded, refurbished, and electrified, therefore the joint venture signed its first contract with Altera Infrastructure, a leading global energy infrastructure services group.
After being upgraded, the ship will be repositioned to Rosebank Field, where it will be able to remain for 25 years without the need for drydocking.
While Drydocks World will be in charge of the fabrication and construction work at their yard in Dubai, Aker Solutions will be in charge of the comprehensive design and equipment procurement in Norway.
Currently, Petrojarl Knarr stays in Norway at the Aker Solutions yard until it is towed to Dubai later in 2023. By the end of 2025, the engineering, procurement, and construction (EPC) work are expected to be finished.
“I am very pleased to sign this contract on behalf of Altera - being the owner of the Petrojarl Knarr FPSO. The FPSO will operate for up to 25 years in the most challenging environment on the planet. I see this as a start of a strong and long-term relationship with Drydocks World,” stated Arne Hygen Tørnkvist, executive vice president of Altera Infrastructure.
