Offshore staff

SINGAPORE -- Keppel Verolme BV has secured a $184-million contract to build a floating heavy lifter to decommission offshore structures.

The contract allows for additional work on the vessel, which, if awarded, could increase the contract value by another $32 million, according to Keppel.

This innovative first-in-the-world heavy lifter of its class was awarded by MPU Offshore Lift ASA, a subsidiary of the Norwegian design and development company MPU Enterprise AS.

This semisubmersible unit is expected to be completed by early 2009.

Keppel Verolme will execute the marine outfitting works and build the accommodation block. The company will also fabricate and carry out steelwork, and install equipment for lifting topsides and jackets. Yard facilities will be leased for construction of the concrete substructure by the owner's appointed civil contractor, the company says.

12/20/2006