Drydocks World has been awarded a major contract by MODEC Management Services Pte. Ltd. for the refurbishment and life extension of the FPSO Baobab Ivoirien, further solidifying its position as a global leader in offshore asset upgrades.
The extensive eight-month project, commencing in May 2025, will involve significant structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square metres of tank coating, and 11,500 metres of new piping. Additionally, upgrades will be made to the crew living quarters, and advanced technologies will be integrated to enhance efficiency and reliability. Upon completion, the vessel’s operational lifespan will be extended by 15 years, ensuring continued energy production for West Africa.
The FPSO Baobab Ivoirien, currently operating at the Baobab oil field 25 km off Côte d'Ivoire’s coast, has a processing capacity of 70,000 barrels of oil per day and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel will relocate to Drydocks World's Dubai facility for refurbishment.
Drydocks World, a DP World company, has a strong track record in vessel upgrades, having completed over 50 similar projects, including more than 30 FPSO refurbishments. The contract signing ceremony was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd.
Antolovic emphasized,
“This agreement underscores our expertise in complex FPSO refurbishment and life extension projects.”
Kennedy added,
“Drydocks World’s commitment to quality and safety made them the ideal choice for this critical project.”
News Source: Emirates News Agency
