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Marine Log

Keppel Shipyard is currently carrying out six FPSO and FPU conversions at its yard. FPSO Polvo and Umuroa, two of its latest conversions for Prosafe Production, have just been delivered

April 4, 2007

Keppel O&M wins repeat customer orders

Keppel Offshore & Marine Limited (Keppel O&M) reports that its subsidiaries have booked contracts worth S$280 million (about US$185 million) from repeat customers.

Keppel Shipyard

Prosafe Production Services Pte Ltd has awarded Keppel Shipyard, a contract to repair and convert a 276,000 dwt VLCC tanker, the M/T Navarin, into a Gas Floating Production Storage and Offloading (FPSO) unit.

On completion in 2008, it is expected to be one of the worldŐs largest converted gas FPSO units. It has a firm contract for a nine-year charter, with six consecutive one-year options, from Petrobrasl.

Prosafe Production is a unit of Prosafe SE, one of the worldŐs leading owners and operators of FPSO and FSO facilities. In the last 10 years it has used Keppel Shipyard exclusively for the conversion of all its FPSO and FSO systems, totalling nine (9) conversions and upgrades including this latest facility.

Keppel FELS Brasil

Keppel FELS Brasil SA has secured a contract with Petrobras Brasileiro SA (Petrobras), BrazilŐs national oil company, for the repairs and upgrade of BGL 1, a 122-m derrick-lay barge.

The scope of work comprises detailed engineering, pre-fabrication of helideck, drydocking, special survey and the installation of six new thrusters and DP Control System (OFE). It also includes the installation of the owner's supplied pipe-laying equipment and the upgrading of the living quarters.

On completion in May 2008, BGL 1 will be able to undertake deepwater construction support, the installation of mooring, subsea structures and pipelines.

Keppel Verolme

Keppel Verolme BV in the Netherlands continues to strengthen its relationship with Sevan Production AS (Sevan) and has secured a project to outfit SevanŐs second cylindrical floating production storage and offloading (FPSO) unit, Sevan Hummingbird.

The outfitting work includes the installation of central shaft, process modules and mechanical equipment, installation of piping systems, electrical and instrumentation systems, Hydraulic, HVAC and architectural works.

The Sevan Hummingbird will be capable of an oil processing capacity of up to 30,000 bbls/day and a water injection capacity of up to 20,000 bbls/day. The unit is scheduled to be operational later this year at the Chestnut field in the central North Sea for two and half years.

This contract was awarded following the successful delivery of SSP Piranema, the first Sevan stabilized platform unit, from Keppel Verolme in January.

Keppel Singmarine

Keppel Singmarine will build a repeat of its first vessel for Middle East based Seaways International.

Due for delivery in the fourth quarter of 2009, the Anchor Handling Tug will have 100-tonne bollard pull with additional equipment and DP 2 system.

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