Keppel Verolme Wins $26M Conversion Contract

Thursday, November 18, 2004
Keppel Verolme BV, a member of Keppel Offshore & Marine Ltd. of Singapore has secured an agreement with Solitaire Marine Contractors S.A., a subsidiary of Allseas Group S.A. of Switzerland, for the $26 million conversion of the pipelay vessel (PLV), Solitaire.

This contract entrenches Keppel Verolme’s position as the provider of choice for the North Sea and West African markets.

Said Mr Tong Chong Heong, Managing Director/COO of Keppel Offshore & Marine, "The North Sea holds Europe's largest oil and natural gas reserves and is one of the world's key non-OPEC producing regions.

"This contract for the conversion of Solitaire is testament to Keppel Verolme's position as one of the leading yards for the conversion and upgrade of offshore vessels in the North Sea. The Shipyard is also strengthening its track record in shiprepair. This year, the yard has repaired over 70 vessels, more than twice of what we did the year before. "Keppel Offshore & Marine acquired Keppel Verolme in 2002, in line with our 'near market, near customer' strategy. We envisioned Keppel Verolme to be the premier yard for the offshore and marine industry in Europe, offering its services to the North Sea and West African markets. I am happy to say that we are on track to achieving our aim." Solitaire is expected to arrive the yard in January 2005 for the two-month conversion job.

Her major workscope includes regular repair and maintenance; painting; installation of additional bouyancy tanks and local reinforcements to the vessels structure; replacement of stinger sections for newly delivered sections; and structural and mechanical adjustments to the vessel.

Mr Harold WM. Linssen, Managing Director of Keppel Verolme said, “I am glad that our constructive co-operation with Allseas has resulted in the positive conclusion of this deal.

“The conversion of Solitaire will be a fast-track one. Coupled with our expertise and experience in handling large conversion projects, Keppel Verolme will work closely with the client project team to complete the project on schedule.”

Earlier this year, Keppel Verolme also fabricated and installed adjustable stinger support guides on the Solitaire. The yard also undertook modification works on sister vessel, PLV Lorelay. Both jobs were executed to full satisfaction to owners.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges

Ship Repair & Conversion

Crewman Claims Ferry Captain "Rushed Back To Bridge"

The captain of a South Korean ferry that capsized two days ago rushed back to the bridge after it started listing severely and tried in vain to right the vessel,

TEPNG Integrates AVEVA Engineering & Design

AVEVA announced that TOTAL E&P Nigeria Ltd. (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG

ClassNK Approves Fillet Welding Consumable

Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pipelines Ship Electronics Ship Repair Ship Simulators 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: 0.1440 sec (7 req/sec)