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

(Press Release)
Thursday, December 27, 2012

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.

"2013 will be a busy year for us as we continue to focus on the quality execution of all our projects - we are committed to ensure that they are delivered safely, promptly and to high customer satisfaction. We will also enhance our capabilities, and so extend our range of value-added services."
Keppel Singmarine Pte Ltd (Keppel Singmarine) secured two of the three new contracts, with the third new contract won by Keppel Shipyard Ltd (Keppel Shipyard).
One of Keppel Singmarine's two new contracts is from Hydro Marine Services, Inc., a subsidiary of McDermott International, Inc (McDermott), for the construction of a high-specification deepwater pipelay (S-Lay) vessel.
Developed by Keppel's Marine Technology Development (MTD), this vessel is designed to support advanced pipelay operations, in which pipelines are installed to depths of up to 10,000 ft.. It is also capable of achieving efficient pipelay rates for long trunklines, operating in severe weather conditions, and providing significant thrust output and power distribution.


Works for the pipelay vessel is scheduled to commence in 1Q 2013 and is expected to complete in approximately two and a half years. This contract will become effective after both parties have fulfilled certain conditions precedent by January 2013.
Keppel Singmarine's other new contract is from Australia-based Bhagwan Marine Pty Ltd (Bhagwan Marine) to build a catamaran air dive support vessel (DSV).
When completed in 1Q 2014, the DSV will be deployed in the north west of Western Australia to support the operations of Apache Energy Ltd. Designed by Incat Crowther Pty. Ltd, the DSV is of twin hull configuration (catamaran).
Specialised units such as pipelay vessels and DSVs form part of Keppel Singmarine's growing track record. Keppel Singmarine has also worked together with Keppel Shipyard to bring to the market Saipem's Castorone, one of the world's largest and most capable pipelay vessels. Presently, Keppel Singmarine's projects include a multi-purpose dive support construction vessel for SBM Offshore N.V. (SBM Offshore).
Keppel Shipyard's new contract is from EMAS Offshore Construction and Production Pte Ltd (EMAS Offshore) to modify and upgrade an existing Floating Production Storage and Offloading (FPSO) facility, Lewek Arunothai. The yard's workscope includes the installation of new structures, piping systems and deck crane, refurbishment of the living quarters as well as the fabrication and installation of the rigid arm and external turret mooring systems.
When completed in 2Q 2013, the FPSO will be deployed as an Early Production System in the Kamelia field, which is located in the Malaysia/Thailand Joint Development Area (JDA) in the North Malay Basin. The upgraded FPSO will be capable of handling 100 million standard cubic feet per day (MMscfd) of gas, 1000 barrels per day (bpd) of condensates and 500bpd of water.

 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Baltic Sea Freight Index Edges Higher

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Monday as rates rose for vessels across all segments.

Rotterdam Gate LNG Terminal Expansion Started

Dutch gas network operator Gasunie and tank storage service provider Vopak said on Monday that the expansion of their Gate liquefied natural gas (LNG) terminal in Rotterdam has begun.

BMT Expands to Meet Increased Workload

BMT Nigel Gee (BMT), a subsidiary of BMT Group, has announced the completion of new offices in Southampton in order to meet a large increase in design work.   Operating

Shipbuilding

BMT Expands to Meet Increased Workload

BMT Nigel Gee (BMT), a subsidiary of BMT Group, has announced the completion of new offices in Southampton in order to meet a large increase in design work.   Operating

NYC Ferries: Gladding-Hearn Building Three New Vessels

Gladding-Hearn Shipbuilding, Duclos Corporation, has begun construction of the first of three new sightseeing vessels for Circle Line Sightseeing Cruises, Inc., in New York City.

The Human Element of Ship Management

The best third party ship managers employ technology, good business practices, economies of scale and a customized approach for each client. None of that will

Offshore

Keppel FELS Delivers 11th Jackup to Mexico

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class jackup rig to Mexican national oil company,

North Sea Oil: Harkand wins Maersk Oil North Sea Deal

Harkand won a multi-million contract with Maersk Oil North Sea Ltd for the provision of DSV services in the North Sea region. The 12-month contract will be serviced by Harkand’s two DSVs,

China's Air Drills Roil South China Sea Waters

China's air force conducted its first drill above the western Pacific Ocean on Monday, the Defence Ministry said, in a move that could exacerbate tensions with

Finance

Baltic Sea Freight Index Edges Higher

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Monday as rates rose for vessels across all segments.

ECDIS to be Installed on 100 plus Maersk Vessels

Maersk Line selected Transas Marine for  ECDIS implementation on  more than 100 vessels.   The contract features Transas state-of-the-art Navi-Sailor ECDIS 4000

Keppel FELS Delivers 11th Jackup to Mexico

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class jackup rig to Mexican national oil company,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1772 sec (6 req/sec)