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Keppel Verolme Bv News

05 Nov 2012

Keppel’s Secure Contracts Worth S$160 Million

Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries, Keppel Subic Shipyard, Inc. (Keppel Subic Shipyard) in the Philippines and Keppel Verolme BV (Keppel Verolme) in the Netherlands, have secured contracts totalling S$160 million. Keppel Subic Shipyard has been awarded a contract from Shell Philippines Exploration BV (SPEX) to build a Depletion Compression Platform (DCP) to support the recovery of natural gas from the Malampaya gas field near Palawan Island, in the Philippines. When completed, the DCP will be deployed next to an existing shallow water production platform. The DCP is designed to maintain the current availability and deliverability of natural gas from the Malampaya field through regulating the gas export pressure and flow rates.

30 Dec 2011

Keppel Secures Contracts Worth S$150 Million

Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries, Keppel Singmarine Pte Ltd (Keppel Singmarine) and Keppel Verolme BV (Keppel Verolme), has secured contracts totaling S$150 million from international customers. Keppel Singmarine, the specialised shipbuilding division of Keppel O&M, has entered into contracts for the building of a 91-metre container vessel and three 4000 DWT (deadweight tonnage) bulk ore/fuel carriers for Papua New Guinea customer Ok Tedi Mining Limited (Ok Tedi Mining), while Keppel Verolme, Keppel O&M's comprehensive yard in the Netherlands, is undertaking upgrading activities of a semisubmersible drilling rig, Scarabeo 6, for Italian customer Saipem Misr for Petroleu Services S.A.E. (Saipem).

25 Mar 2010

Keppel German Offshore Wind Newbuild

Photo courtesy Keppel Corporation

Keppel Verolme BV (Keppel Verolme) and consortium partner AREVA Energietechnik GmbH, a German subsidiary of French energy company AREVA, have secured an $82.5m contract from Wetfeet Offshore Windenergy GmbH (Wetfeet Offshore) to build a Mobile Offshore Application Barge (MOAB) for a new offshore wind farm in the German Exclusive Economic Zone in the North Sea. This self-erecting floating platform will be deployed at the Global Tech I Wind Farm that is being built and operated by Wetfeet Offshore.

30 Nov 2009

Keppel Clinches Petrobras & Saipem Contracts

Photo courtesy Keppel Offshore & Marine Ltd

Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel Verolme BV (Keppel Verolme), has secured two contracts worth a total of about $165m. The first project, secured by Keppel Shipyard from repeat customer Petrobras Netherlands B.V (PNBV), is for the pre-conversion of P-58, a Floating Production Storage and Offloading (FPSO) vessel for the Campos Basin. The second project involves the repair and modification of the semisubmersible pipelay vessel, Castoro Sei for Saipem S.p.A (Saipem) by Keppel Verolme.

17 Dec 2008

Keppel Terminates MPU Heavy Lifter Project

Further to the announcement on 1 July 2008, Keppel Verolme BV, a wholly owned subsidiary of Keppel Offshore and Marine Limited, has decided, after evaluating all possible options, to terminate the MPU Heavy Lifter project and commence the scrapping process of the concrete hull. Keppel Verolme has secured the necessary rights and endorsements from third parties to dismantle and dispose of the concrete hull which has no commercial value. This will release the drydock and other valuable resources for Keppel Verolme. Dismantling works on the unit is expected to commence in January 2009 and will be completed in about three months. The matter…

21 Nov 2008

Keppel – 4 Contracts Worth $222.5m

Keppel Offshore & Marine has secured $222.5m dollars worth of contracts through its subsidiaries for the conversion of a floating storage and offloading vessel (FSO), the construction of an internal turret, the refurbishment and outfitting of a semi-submersible multi-service vessel as well as the fabrication, installation and integration of topside process modules for a Floating Production Storage and Offloading vessel (FPSO). The first contract is for the conversion of a FSO by Keppel Shipyard for M3nergy JDA Sdn Bhd.

17 Dec 2007

Keppel Verolme Secures Contracts

Keppel Verolme BV has secured two contracts totaling $109m on the back of an upsurge of offshore activities in the North Sea. Of the two new contracts, one is a repeat order for the outfitting of a Floating Production Storage and Offloading (FPSO) facility, Sevan Voyageur, for Sevan Production AS. Work is expected to be completed in the summer of 2008. This is the third cylindrical FPSO facility that Keppel Verolme is carrying for the same owner. The vessel has an oil storage capacity of 300,000 bbls, with an oil process capacity of 30,000 barrels/day and a water injection capacity of 20,000 barrels/day. The world’s first cylindrical FPSO facility, Sevan Piranema, was completed in Keppel Verolme in January 2007.

18 Nov 2004

Keppel Verolme Wins $26M Conversion Contract

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.

19 Aug 2002

Keppel Aquires Verolme Botlek

Keppel Corporation Limited, through its offshore and marine division, Keppel Offshore & Marine Ltd (Keppel O&M), has completed the acquisition of the entire interest in Dutch offshore repair and conversion shipyard, Verolme Botlek, for a total consideration of $22 million. The purchase price was based on a willing buyer-willing seller basis and does not include the land and drydocks which are leased from the Rotterdam Port Authority. This follows Keppel Corporation’s announcement on July 17 that its offshore arm was going to acquire an 85 percent interest in Verolme Botlek. The increase in stake to 100 percent resulted after due diligence and final negotiations.