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Drydocks World in deal with AET for twin Modular Capture Vessel conversion projects
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Saturday, 17 Dec 2011
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Drydocks World, the well established international player in the maritime and offshore industry has signed a Contract with Singapore based AET, a global leader in petroleum shipping, for two Tanker to Modular Capture Vessel conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s well containment system. MWCC is a not for profit, stand alone organization with 10 member companies ExxonMobil, Chevron, ConocoPhillips, Shell, BP, Apache Anadarko, BHP Billiton, Statoil and Hess. The conversion will be implemented at the Drydocks World Dubai facility.

The conversion shall allow the tankers to continue to operate normally as tanker in the US Gulf of Mexico, with capability to be deployed as MCV within shortest possible time. The first vessel is expected to arrive at the yard in December 2011 and the second vessel in February 2012. Each project will be completed within a period of nine months. Each vessel will handle about 100,000 barrels of liquid and about 200 million standard cubic feet of gas per day. The MCVs are capable of operating at depths of 10,000 feet.

The vessels will be equipped with new state of the art containment system provided by Marine Well Containment Company. Conversion scope includes installation of 4 off power generators, 4 off retractable type azimuth thruster’s one tunnel thruster, Dynamic Positioning, Pipe racks on deck and supports for Process Module, Flare tower, turret etc.

Mr Khamis Juma Buamim chairman of Drydocks World said that “We are extremely happy to sign this prestigious Contract with AET a well known global service provider as part of our well articulated strategy of building our presence in the oil, gas and energy industries. We already have an established reputation and strong expertise in carrying out sophisticated vessel conversion projects for world leading companies. Our thrust on expanding our knowledge base and creating a technology driven state of the art facility has borne fruit and we are able to effectively serve the industry.”

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