Keppel Singmarine

Keppel Singmarine Secures Contract for FSO Vessel

Keppel Singmarine Pte Ltd (Keppel Singmarine) has clinched a $87.2m contract to build a Floating Storage Offloading system (FSO) unit for LUKOIL –NIZHNEVOLZHSKNEFT (LUKOIL-NVN), a subsidiary of the Russian oil company, LUKOIL Oil Company. The 28,000 tons (dwt) Ice-Class FSO is a new design by Marine Technology Development Pte Ltd (MTDTM), the design arm of Keppel Singmarine. The MTD13028FSO-IC FSO is designed with provisions for forecastle deck structure for single point mooring, with double bottom and double sides, with habitable deckhouse and Cargo Oil Control Station (COCS), machinery space and helipad in the aft of the vessel. She is meant for uninterrupted services in receiving crude oil from a stationary production platform through single buoy mooring system, storage of oil on board and finally offloading of oil to shuttle tankers. The growing demand for oil and gas all over the world has encouraged Russian energy sector to expand its oil and gas development, production and exports. Scheduled for delivery in the first quarter of 2009, the non-propelled FSO unit will be deployed to the Caspian Sea where it will receive and store incoming crude oil and offload it to shuttle tankers.

Keppel’s Logs $8.1B in Contracts in ‘12

Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries have won three new contracts - worth a combined value of $343mn - to bring the group's total order wins for 2012 to $8.1B.   Mr Tong Chong Heong, CEO of Keppel O&M, said, "With the strong confidence and support of new and repeat customers, Keppel O&M continues to be the provider of choice for a broad range of offshore and marine projects.

Keppel Singmarine Completes Tugs

Keppel Singmarine, a member of Keppel Offshore and Marine, has completed four tugs for Keppel Smit Towage (KST). Two tugs, KST Sculptor and KST Scorpius were delivered earlier and the remaining two, KST Spica and KST Sirius were delivered on September 19. Upon delivery, these tugs will boost KST’s fleet strength from 24 to 28 tugs. The vessels, with bollard pull of 48 tons, meet the requirements of assisting the berthing and unberthing of Very Large Crude Carriers (VLCCs) at two fixed

Keppel Singmarine Delivers Tractor Tug

Keppel Singmarine Pte Ltd has delivered one of the world’s largest tractor tug to Maju Maritime Pte Ltd on time and within budget. Measuring 34 metres long with bollard pull in excess of 64 tons, Pisces 53 is on a long term charter through Briny Marine Services Sdn Bhd to support Brunei Shell Petroleum Co Sdn Bhd’s exploration and production activities. Following her naming, Pisces 53 will join her sister vessel Phoenix 52 and an utility tug Pegasus 51

Asia’s First Two Arctic Icebreakers

Keppel Singmarine Pte Ltd (Keppel Singmarine) has completed Asia’s first two icebreakers, built for one of the harshest marine frontiers on Earth, the Arctic sea for client, LUKOIL-Kaliningradmorneft (LUKOIL). Mr Charles Foo, Chairman of Keppel Singmarine, said “This is the first time that icebreakers meant for the Arctic region have been built in the tropics. It also marks Keppel Singmarine’s entry into the oil and gas market in the Arctic region.”

New Appointments at Keppel Strengthen Growth

The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) wish to announce several new appointments as part of ongoing efforts to put in place a strong leadership team to continually reinforce the Group's growth strategy. Mr Michael Chia, 59, has been appointed Managing Director (Marine) of Keppel O&M and will oversee Keppel O&M's Marine Division which includes Keppel Shipyard, Keppel Singmarine and other marine-related overseas yards

Keppel Hitachi Zosen To Buy Selected Businesses

Keppel Hitachi Zosen Limited (KHZ) has agreed to purchase the shiprepair/shipbuilding and related businesses of Keppel Marine Industries Limited (KMI) for $167 million in cash. Total net assets include $69 million, resulting in a gain of $4 million for KMI. KHZ will acquire all of KMI's investments in Keppel Singmarine Dockyard Pte, Eagle Engineering Company (100 percent), Keppel Philippines Marine (11.6 percent) and Penguin Boat International (16.5 percent)

Keppel Wins $131m Shipbuilding Deal

Keppel Corp said it has won a $133m contract to build a ship for a Romanian drilling company. Keppel said that its unit Keppel Singmarine Pte Ltd would build the multi-purpose heavy lifting and pipelaying vessel for drilling contractor Grup Servicii Petroliere SA to be used in the Black Sea and .  It is cheduled for completion by the third quarter of 2011. Source:  Reuters

Keppel, Seadrill Continue Rig Builds

The wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), Keppel FELS Limited, and Seadrill Jack-Ups Ltd have agreed to continue with the building of the two jackups on revised terms that are mutually beneficial. The contract value of the two jackups is $420m. Keppel FELS Limited and Scorpion Offshore have agreed to terminate the $405m rig contract on mutually acceptable terms. Scorpion Offshore is working closely with Keppel FELS in the latter’s exploratory

Keppel New Shipbuilding Yard in Brazil

Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned Brazilian subsidiary, Navegantes Maritime Construction and Services, has entered into an agreement with Brazil’s TWB Group to acquire the Estaleiro TWB shipyard in Navegantes, Santa Catarina. This acquisition is subject to the fulfillment of conditions by TWB Group. This 7.6-ha shipyard will be operated by Keppel O&M’s specialized shipbuilding arm, Keppel Singmarine