Keppel receives three contracts

Keppel Shipyard has secured contracts totaling $110 million to upgrade, modify, and convert three vessels.

Offshore staff

SINGAPORE -- Keppel Shipyard has secured contracts totaling $110 million to upgrade, modify, and convert three vessels.

Bumi Armada Berhad has awarded Keppel a contract to upgrade and convert a tanker into an FPSO. Keppel's work includes the fabrication, installation, and integration of a 12-point spread mooring system, riser balcony, topside facilities, and accommodation and auxiliary support systems upgrades.

The FPSOArmada Perdana, expected to be complete in the first half of 2009, will be able to store 1 MMbbl of oil, and process 40,000 b/d of oil.

Boskalis Westminster Shipping B.V. has contracted Keppel for the upgrade of a dredger. Keppel will enhance the dredging capabilities of its trailing suction hopper dredger,Queen of the Netherlands.

When completed in 1Q 2009, the vessel's hopper capacity will be increased from 23,347 to 35,500 cu m (824,491 to 1,253,671 cu ft).

The third contract, from BW Offshore Ltd., is to upgrade and modify an FPSO for the Tupi field in Brazil. The FPSOBW Peace will be converted to meet Petrobras' requirements and renamed BW Cidade De Saõ Vicente. It will be the first FPSO to enter the Tupi deepwater field outside Rio de Janeiro, expected to be complete by the end of 2008.

07/28/2008

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