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

Legal

Halliburton to Settle US Gulf Spill Claims for $1.1b

Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.

Ulrich Ganz of Bernhard Schulte Joins Tundra

Tundra Group is delighted to announce the addition of the former Senior Company Security Officer (CSO) of Bernhard Schulte Shipmanagement (BSM), Captain Ulrich Ganz,

NZ's Lyttelton Port Recommends Offer, to Pay Special Dividend

The board of New Zealand's  Lyttelton Port Co. Ltd recommended minority shareholders accept an offer of NZ$3.95 a share offer from the commercial arm of the Christchurch city council.

Ship Repair & Conversion

SGS Wet Welding Repairs Approved by DNV GL

DNV GL and Subsea Global Solutions LLC (SGS) say that they have completed an extensive joint research and development program, that will allow permanent repairs

Gibdock Rreputation Rises in German Market

Gibdock has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list

More German Shipowners Look to Gibdock for Repairs

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1828 sec (5 req/sec)