Keppel Awarded $2.2M Bonus for Conversion

Monday, April 28, 2003
Keppel Shipyard has won a $2 million bonus for delivering a FPSO (Floating Production Storage Offloading) vessel 10 days ahead of its fast-track contract schedule for Single Buoy Moorings (SBM) Inc. The wholly-owned subsidiary of Keppel Corporation through Keppel Offshore & Marine (Keppel O&M) also received a US$200,000 safety incentive. The yard achieved more than three million man-hour work without lost-time accident during the conversion of the 307,431dwt FPSO Serpentina. Tong Chong Heong, Managing Director & Chief Operating Officer of Keppel O&M, said,“ I am very happy that we have outperformed ourselves in the quality, safety and project management compared to our earlier FPSO/FSO conversions.” Dick van der Zee, Chief Operating Officer of SBM added, “SBM and its client are very impressed with the early delivery of FPSO Serpentina. Keppel Shipyard has achieved a new milestone in its performance and relationship with SBM and its client.” FPSO Serpentina was converted from the tanker, Amazon Eagle. Work began in May 2002 on a full refurbishment for life extension, installation and integration of topside modules and the fabrication and installation of the external turret, two topside modules, flare tower, helideck and tandem berthing of the export vessels. FPSO Serpentina, deployed off to Equatorial Guinea, will be able to process up to 110,000 barrels per day of oil. SBM has just awarded Keppel Shipyard another fast-track conversion, the FPSO Marlim Sul. This is the sixth job it has awarded the yard in the last four years.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Fratelli Neri Orders Damen ASD 3212 Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015. The vessel will be the first ASD tug in

Three Rescued on Lake Tahoe

The Coast Guard and multiple agencies rescued three people Wednesday evening after they were reported missing on Lake Tahoe. At 9:45 p.m., Coast Guard Sector

More Vessels Call at Lerwick Port

The number of vessels using Lerwick Harbour in the first half of this year increased by 7% to 2,930, due mainly to more fishing boats compared to the same period

Ship Repair & Conversion

UK Navy Chooses Effer Crane Again

Cranes manufacturer Effer informs its marine crane has recently been installed aboard the U.K. Royal Navy’s patrol vessel HMS Mersey.   The new 5s 275M crane,

Fire-stricken Icebreaker Overhauled

SENER concludes the Almirante Irizar icebreaker engineering works for re-outfit and overhaul   SENER reports it has completed the engineering works relating to

Engine Refit for Mersey Pilot Boat

James Troop supplies two new Volvo Penta engines to upgrade Mersey pilot boat   Merseyside-based engine specialist James Troop & Co has secured a deal to supply

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1357 sec (7 req/sec)