Keppel O&M wins contracts worth S$250mn
Keppel Offshore & Marine (Keppel O&M), through its subsidiary Keppel Shipyard, has been awarded contracts worth around S$250mn ($186mn), it said on February 9.
The contract is for the conversion of a floating storage and regasification unit (FSRU), integration of a floating production storage and offloading (FPSO) vessel, and the jumboisation of two trailing suction hopper dredgers (TSHDs).
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For the first contract, Keppel Shipyard has received the final notice to proceed from GAS-fifteen, a wholly-owned subsidiary of GasLog Carriers, for the engineering procurement construction (EPC) conversion of an LNG carrier into an FSRU. This follows Keppel’s announcement in November 2021 that Keppel Shipyard had signed a limited notice to proceed to start early works for the conversion.
The yard’s scope of work for this project includes the EPC of the regasification skid, as well as the supporting systems such as boilers, spread-mooring, offloading, electrical and automation systems.
When completed, the FSRU will be deployed in waters some 17 km southwest of the Port of Alexandroupolis, Greece and will have an overall delivery capacity of approximately 5.5bn m3/year. The FSRU will eventually be transferred to the Greek company Gastrade.
The second contract is between Keppel Shipyard and MODEC Offshore Production Systems for the installation and integration of topside modules on board the Bacalhau FPSO. The yard’s scope of work will also include the fabrication of a flare tower and two crane pedestals, the assembly and installation of two deck cranes, as well as completion and commissioning support for MODEC.
The other contracts are between Keppel Shipyard and a fully-owned subsidiary of Royal Boskalis Westminster for the repair and jumboisation of two TSHDs.