Keppel Verolme secures new contracts worth $134 million
Offshore staff
(Asia-Pacific) - Keppel Verolme BV, a member of Keppel Offshore & Marine Ltd. of Singapore, has secured new contracts worth around $134 million in total from Swiss-based Allseas Group SA and Sevan Production AS.
Positive market opportunities have resulted in two projects from Allseas Group SA
One of the contracts is the conversion of the 2005 Panamax bulk carrierGeeview into a pipelay vessel Audacia capable of operating in ultra deepwater in the range of 3,000-m water depth. New engine rooms, thrusters, additional cranes and accommodations are included in the workscope.
Geeview will arrive at the Keppel Verolme shipyard in early December 2005. The delivery of the completed pipelay vessel is expected in October 2006, after which commissioning will take place.
Another Allseas' vesselSolitaire, the world's largest and most powerful pipelay vessel, says the company, has just left Keppel Verolme after two successful visits to the yard this year.
During its first visit, new sponsons were installed at the stern of the vessel. A large 600-ton cantilever was fitted out during the recent visit in November. In addition, winches and tensioners were also installed to upgrade the vessel's capabilities.
Apart from the Allseas projects, Keppel Verolme has also received a contract from Sevan Production AS to carry out the outfitting of the Sevan's stabilized platformSSP Piranema.
TheSSP Piranema is an FPSO with oil storage capacity of 300,000 bbls, an oil processing capacity of 30,000 b/d and a gas injection capacity of 3.6 MMcm/d.
The contract includes receiving, temporary storing, pre-assembling and installation on theSSP Piranema (SSP 300) hull of process skids, pressure vessels, piping, and valves. In addition, there is also the fabrication and installation of steel structures and the hook-up of marine systems such as cranes and offloading station.
TheSSP Piranema hull and accommodation block are currently under construction in a yard in China and are expected to arrive at the Keppel Verolme during 1Q 2006. The completed unit is scheduled to reach offshore Brazil in mid-2006.
11/29/05