
Keppel offshore and marine arm secures $120m worth of new contracts
The four contracts were all from repeat customers.
The offshore and marine arm of shipping giant Keppel has beefed up its orderbook once again as it secured four contracts from long-time customers for turret fabrication or vessel upgrades.
According to a press release by Keppel Offshore and Marine, the first contract secured is from BW Catcher Limited, a wholly owned subsidiary of BW Offshore, for the installation and integration of topside modules for a newbuild Floating Production Storage and Offloading (FPSO) vessel.
“The second contract is from SOFEC, Inc. (SOFEC) to fabricate an Internal Turret Mooring System for a Floating Storage and Offloading vessel that will operate in Maersk Oil’s Culzean Field in UK’s section of the North Sea. Fabrication of the turret is expected to be completed in 3Q 2017,” the press release noted.
The third contract is for upgrading work to the pipelay vessel, Castorone, for Saipem Offshore Norway AS (Saipem), the release noted.
“The fourth contract is from Woodside Energy Ltd for the modification and upgrading of the FPSO vessel Ngujima-Yin to support the Greater Enfield Project. The shipyard’s job scope includes marine and hull life extension and refurbishment works; installation of new customised water flood module, turret risers and power and control module; as well as modification of swivel system, marine and topside related piping,” it added.