Keppel wins S$368m in new contracts

Keppel Shipyard has secured a contract for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd, part of Bumi Armada Berhad.

Michael Chia, managing director (Marine & Technology), Keppel O&M, said: “We are seeing an increasing demand for more sophisticated FPSOs which can operate in harsher environments, more challenging and deeper oil and gas fields. Keppel Shipyard is well-positioned to capture the growing FPSO opportunities and serve the evolving needs of this market.”

The new FPSO will be a harsh-environment unit that is designed for operations in the North Sea under a stringent regulatory regime.

Keppel Shipyard’s work scope for the FPSO project includes refurbishment and life extension works, upgrading of living quarters to accommodate 90 personnel, installation of an internal turret mooring system as well as the installation and integration of topside process modules.

Meanwhile, Keppel Singmarine has secured a contract from Baku Shipyard to design and carry out fabrication and outfitting works for a Subsea Construction Vessel (SCV) which, when completed, will be deployed for the Stage 2 development of the Shah Deniz field that lies some 70km offshore in the Azerbaijan sector of the Caspian Sea.

Keppel Singmarine’s work scope includes the design of the vessel, the fabrication of the hull strips and outfitting them with equipment and systems at its yard in Singapore. The hull strips will be shipped to Baku Shipyard for integration with other components fabricated by Baku Shipyard, and completion after commissioning works and sea trials. The SCV will be built to the proprietary design by Marine Technology Development, the ship design and development arm of Keppel O&M.

Designed to work in 2.5m significant wave height, the vessel will be equipped with a dynamic positioning system, a 750m tonne heave compensated crane for 600m deep subsea operation, an 18 man two bell diving system and two work class remotely operated vehicles.