Three Keppel O&M shipyards book contracts

Keppel O&M shipyards with recent contract wins include Keppel Nantong in China Keppel O&M shipyards with recent contract wins include Keppel Nantong in China

MARCH 17, 2014 — Singapore's Keppel Offshore & Marine Ltd reports that subsidiaries Keppel Shipyard, Keppel Singmarine, and Keppel Nantong Shipyard have secured contracts worth a total of about S$140 million.

"Keppel Shipyard's latest contract bears testament to our expertise and experience in Floating Production Storage and Offloading (FPSO) turret fabrication and installation, while Keppel Singmarine's and Keppel Nantong's contracts reiterate our competency in the construction of a variety of ships, including ice-class vessels," said M.r Michael Chia, Managing Director (Marine & Technology) of Keppel O&M.

Keppel Shipyard will undertake for SOFEC, Inc. (SOFEC) the fabrication of an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana, in water depth averaging 1,500 metres. Fabrication of the turret is expected to be completed in first quarter 2015.

Meanwhile, Keppel Singmarine has secured three contracts from Malaysia's Bumi Armada Offshore Holdings Limited - a subsidiary of Bumi Armada Berhad (Bumi Armada) - to build two ice-class supply vessels and an ice-class multi-purpose duty-rescue vessel.

When completed and delivered in 2015, these vessels will support offshore platforms at the Filanovsky oil field in the northern part of the Caspian Sea, off the coast of Russia, providing year-round services such as the delivery of cargoes, salvage, search and rescue functions, fire-fighting operations, and towing and tanker mooring operations.

Keppel Singmarine  has continued to build up its capabilities in ice technology since 2006, when it won the contract from LUKOIL-Kaliningradmorneft in 2006 to construct Asia's first two icebreakers. The contracts from Bumi Armada will add another three to its existing track record of seven newbuild ice-class vessels for the Arctic and Caspian regions.

In China, Keppel Nantong has secured an order from KSP Towage Sdn Bhd for the construction of two tugs. These tugs, which are scheduled for delivery in third quarter 2014, will be chartered for deployment in Malaysia.

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