Keppel signs five rig, $4.12 billion LOI with Sete Brasil

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, Keppel FELS Brasil S.A. and Estaleiro BrasFELS Ltda, has signed a Letter of Intent (LOI) with Sete Brasil Participações S.A. (Sete Brasil),

Seadrill orders tender rig at COSCO Nantong

Seadrill has exercised an option to build a new tender rig at the COSCO Nantong Shipyard in China. The new unit, T18, is set for delivery from the shipbuilder in the fourth

Cal Dive, Cashman and Hochtief unit picked for Cape Wind construction

Cape Wind has selected a joint venture team of Flatiron Construction Corp., Cal Dive International, Inc. (NYSE:DVR), and Cashman Equipment Corp. as its construction contractor to build America’s first offshore wind farm

Eastern Shipbuilding delivers Harvey Gulf OSV

Eastern Shipbuilding Group, Inc., Panama City, FL, recently delivered the Sisuaq, the second of three 292 ft Offshore Support Vessels based on STX Marine designs to Harvey Gulf International Marine, LLC, New

MacGregor mooring winches chosen for pipelaying OCVs

Cargotec has received an order to supply a total of twenty 150-tonne electric MacGregor winches for two pipe-laying heavy-lift offshore construction vessels (N448 & N449) which are currently being constructed  at Cosco

Ocean Rig gets $652 million LOA for drillship

Ocean Rig UDW Inc. (NASDAQ: ORIG), which is majority owned by Dry Ships, Inc.(NASDAQ: DRYS), reports that it has received a Letter of Award (LOA) for its ultra deepwater drillship “Ocean Rig

Ensco orders its eighth Samsung drillship

London-headquartered Ensco plc (NYSE: ESV) has ordered a new advanced-capability, ultra-deepwater drillship. It will be built at Samsung Heavy Industries, Co. Ltd.’s shipyard in Geoje, South Korea. The vessel, ENSCO DS-8, will

Incat Crowther to design 12 Fast Supply Vessels for Brazil

ETP Engenharia Ltda. is to build 12 Incat Crowther designed fast supply vessels at its Niteroi, Rio de Janeiro, Brazil, shipyard. Six of the 48 m monohull vessls will be owned by

Qatar’s GDI orders jack-up at PPL Shipyard

Al-Othman and Dr. Benety Chang, Deputy Chairman of PPL Shipyard.

The rig will have accommodations for 150 persons, a 75 ft cantilever outreach and be able to operate in water depths of up to 400 ft and drilling to depths of 30,000 ft. On delivery, it will be the most technologically advanced drilling rig operating in Qatar. The total cost to place this rig into service is estimated at $250 million

The order with PPL is part of an $875 million business expansion plan that will see GDI adding three new jack-up drilling rigs, two land rigs and two jack-up accommodation barges to its fleet over the next three years.

Mr. Al-Othman said: “We are most familiar with the PPL rig designs and consider them to be very suitable for the requirements of our clients here in Qatar. PPL is well known as a high quality rig builder and we are pleased to have placed our first order with them. I look forward to adding another high-spec premium rig to our fleet and am confident that this rig will perform to our clients’ satisfaction.

By 2014, GDI will have eight offshore rigs in service, with five being of the ultra modern cyber variety, and six land rigs. Based on current rig counts, GDI’s share of the Qatar offshore market will exceed 50 p while its share of the onshore fleet will remain at 100 percent. GDI is therefore well on its way to becoming the premier provider of drilling rig and associated services in Qatar.rcent

Dr Benety Chang, Deputy Chairman of PPL Shipyard said “We are pleased that Gulf Drilling International has chosen our latest proprietary Pacific Class 400 series, a proven design that has been well-accepted by the industry. Since the launch of this Pacific Class 400 series, five such jack-ups have been ordered with one unit delivered and operating in West Africa. Another rig will soon be delivered and is scheduled for deployment in Thailand.

“PPL Shipyard’s ownership of the Pacific Class 400 design gives us the flexibility of design control and the ability to customize turnkey solutions to suit our customers’ unique project requirements. Our ability to deliver early and meet Gulf Drilling International’s commitments was an added attraction for this particular rig contract. We would like to thank Gulf Drilling International for their trust and confidence in PPL Shipyard and are committed to the timely delivery of this jack-up rig. On completion, the rig would proceed to work in Qatar.”

April 4, 2012

Keppel Shipyard gets contracts to upgrade two FPSOs

The first project is from SBM Offshore and is to refurbish and upgrade the FPSO Xikomba (pictured here). Work on this FPSO unit is expected to be completed by third quarter 2013.

Keppel Shipyard’s scope of work on FPSO Xikomba comprises life extension, refurbishment and upgrading of existing topside modules and turret mooring system as well as the installation and integration of new topside modules. The FPSO vessel will subsequently proceed to Angola for completion.

Leased by Eni Angola S.p.A for 12 years for the development of Block 15/06, offshore Angola, FPSO Xikomba is jointly owned by SBM Offshore and Sonangol, Angola’s national oil and gas company.

Mr. Bruno Chabas, Chief Executive Officer of SBM Offshore, said, “Long-term business partnerships are key to our performance, our ability to deliver and our ambition in furthering our lead in the FPSO market. We value our proven partnership with Keppel Shipyard. The award of the FPSO Xikomba is another milestone in this deep long-term relationship.”

Keppel Shipyard’s second project is to modify and upgrade Bumi Armada’s FPSO Armada Claire. This includes refurbishment and life extension works as well as installation and integration of topside modules. Work is expected to commence in third quarter 2012, and complete in the fourth quarter of 2013.

Upon completion, FPSO Armada Claire will be deployed in the Balnaves Field, northwest Australia.

Mr. Hassan Basma, Executive Director and Chief Executive Officer of Bumi Armada, said, “With the trust and collaboration of committed and capable business partners, we have grown and enhanced our fleet of quality FPSO vessels. The Armada Claire project is our tenth major collaboration with Keppel Shipyard, and we are confident that it will be professionally executed.”

April 4, 2012

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