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    Keppel O&M Wins US$29mn Contracts

Summary

Singapore shipbuilder Keppel Offshore & Marine (Keppel O&M), through its wholly-owned subsidiaries, Keppel Singmarine and Keppel Shipyard, has won contracts worth S$300mn (US$29mn).

by: Shardul Sharma

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Natural Gas & LNG News, Asia/Oceania, Corporate, News By Country, Singapore

Keppel O&M Wins US$29mn Contracts

Singapore shipbuilder Keppel Offshore & Marine (Keppel O&M), through its wholly-owned subsidiaries, Keppel Singmarine and Keppel Shipyard, has won contracts worth S$300mn (US$29mn), it said December 26.

The contracts are for design and construction of an ice-class LNG bunker vessel, refurbishment of a Floating Production Storage and Offloading vessel (FPSO), and 65 scrubber retrofit projects.

The first contract is by Keppel Singmarine with Shturman Koshelev for the design and construction of an ice-class LNG bunker vessel, which is expected to be completed in 4Q 2020. The vessel will be chartered to Gazpromneft Marine Bunker for operations in the Baltic Sea and will have an Ice Class Arc 4 notation and a cargo capacity of 5800 m3. The contract complies with applicable sanctions, Keppel said.

The second contract is by Keppel Shipyard with a leading global operator of floating production vessels for the fabrication of a new aft hull for an FPSO, Keppel said. 

Separately, Keppel Shipyard has recently secured a total of 65 contracts from a variety of customers for exhaust gas scrubber retrofit projects involving project management, integration design engineering, installation and retrofitting, as well as testing and commissioning works.