Mermaid Maritime Consulting ApS. was appointed by Maersk Contractor to supervise the steel structure on the conversion of FPSO Alvheim at Keppel Shipyard, Tuas, Singapore in the years 2005 and 2006.
Marathon Petroleum Company (Norway) is converting the Multipurpose Shuttle Tanker (MST) Odin, renamed “Alvheim”, to an FPSO vessel to serve the Norwegian Continental Shelf. The Alvheim development is operated by Marathon Petroleum Company (Norway) (65%), with working interest owners ConocoPhillips (20%) and Lundin Petroleum (15%). Built in 2001 by Izar (formerly Astilleros Espanoles), the vessel was received by Marathon from Statoil in January 2005. It has an overall length of 252m and 42m beam; after conversion, the vessel will have a storage capacity of 560,000 barrels of oil.