Drydocks World Awarded FPSO Baobab Ivoirien Refurbishment Project For Structural Upgrades

Drydocks World has secured a contract from MODEC Management Services Pte. Ltd. for the refurbishment and life extension of the FPSO Baobab Ivoirien. This project, beginning in May 2025, will last eight months and involve significant structural upgrades. The enhancements include renewing 1,000 tonnes of steel, applying 250,000 square metres of tank coating, and installing 11,500 metres of new piping.

The FPSO Baobab Ivoirien is crucial to West Africa's offshore production. It processes 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. Additionally, it can inject 100,000 bpd of water and store up to two million barrels of crude oil. Currently situated at the Baobab oil field off Côte d'Ivoire's coast, the vessel will move to Drydocks World's Dubai facility for its refurbishment.

The project also involves upgrading crew living quarters and integrating advanced technologies to enhance efficiency and reliability. Once completed, these improvements will extend the vessel's operational life by 15 years, ensuring continued energy production in West Africa.

Drydocks World is renowned for its expertise in vessel refurbishments, life extensions, and conversions. The company has successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This track record underscores their capability in handling complex offshore asset upgrades.

The contract signing ceremony took place at Drydocks World with key figures present. Rado Antolovic, CEO of Drydocks World, remarked on the agreement: "Signing this agreement with MODEC highlights our expertise in complex FPSO refurbishment and life extension projects." Gary Kennedy from MODEC added that Drydocks World's experience made them an ideal partner for this critical project.

Gary Kennedy further stated: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice."

This collaboration between Drydocks World and MODEC Management Services Pte. Ltd. signifies a strategic partnership aimed at enhancing offshore production capabilities while ensuring safety and quality standards are met throughout the project's duration.

With inputs from WAM