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Global Offshore & Lewek Shipping award Keppel contracts

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SINGAPORE -- Keppel Offshore & Marine Ltd. has secured two contracts worth S$210 million ($154 million).

The first contract was awarded by Global Offshore International Ltd. for a derrick pipelay vessel. This multi-purpose construction vessel is suitable for worldwide operations. It will be equipped with two units of propulsion thrusters, six units of positioning thrusters, four units of power generators, DP-2 and integration pipelay equipment. The derrick pipelay and major ship equipment will be furnished by the owner. The vessel is expected to be delivered in 2Q 2011.

The second contract, for a 100-m (328-ft) Rolls-Royce designed UT 788 CDL ultra-deepwater multi-functional support vessel (MFSV), was awarded by Lewek Shipping Pte Ltd. The owner will furnish the ship equipment.

When completed in 4Q 2010, this MFSV, with its hybrid propulsion system of both diesel and electric drives, will have a bollard pull in excess of 300 metric tons (331 tons). It will also have DP-3 capability, which enhances propulsion machinery redundancy of the vessel. Overall operations will not be affected in the event of fire or flooding in one part of the vessel. In addition to deepwater anchor handling, towing and supply operations, the vessel will be able to carry highly hazardous liquid, perform deepwater well-installation and well intervention services.

05/07/2008

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