PT Brown & Root Indonesia, an affiliate of Kellogg Brown & Root (KBR), a business unit of Halliburton Company, has won a contract to provide project management, engineering, procurement, construction and installation (EPCI) services for the Conoco Belanak floating production, storage and offloading vessel (FPSO). Conoco Indonesia Inc. Ltd has awarded the work under its production sharing contract with Pertamina, the Indonesian state oil and gas company. The FPSO will be located in Conoco-operated South Natuna Sea Block B in Indonesian waters, approximately 200km NE of Singapore. The EPCI contract, valued at just under USD 600 million, will take three years to complete from contract signing to first production in late 2004. The Belanak FPSO project will involve the construction of one of the most complex processing systems ever installed offshore, and is a significant milestone for the Indonesian upstream sector. It will be the first offshore liquefied petroleum gas (LPG) facility on a floating vessel in the Asia Pacific region and is expected to produce 7800 SBPD butane (C4) and 14,700 SBPD propane (C3).
