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Pacific Richfield Marine Pte Ltd News

26 Aug 2002

Keppel Offshore and Marine Units Win Contracts

Keppel Corporation Limited, through its offshore and marine units in Keppel Offshore & Marine Ltd (Keppel O&M), has clinched contracts worth a total of $41 million from repeat customers. Three contracts over $28 million are for the upgrades of jack-up rig Ensco 81 and barge drilling unit Ensco 1 from Ensco Offshore Company (ENSCO), and swamp barge Maera from PT Apexindo Pratama Duta, an Indonesian drilling contractor. Another contract is for a new Anchor Handling Tug/Supply (AHTS) vessel for Pacific Richfield Marine Pte Ltd, owner and operator of offshore support vessels in the Asia and Pacific region. Tong Chong Heong, Managing Director and Chief Operating Officer of Keppel O&M said, “Shipyards usually become involved in a job only after the design and engineering work is completed.

10 Mar 2003

Keppel Offshore & Marine Awarded Contracts Worth $55M

Business units of Keppel Offshore & Marine Ltd have secured $55 million worth of contracts. Keppel Singmarine, the specialized shipbuilding division, will build three 60 tonne bollard pull Anchor Handling Tug/ Supply (AHTS) vessels, one for Hadi H. Al-Hammam Establishment (Hadi) from Saudi Arabia while the remaining two for Pacific Richfield Marine Pte Ltd (PRM), a Singapore-based customer. These vessels will be completed in the first quarter of 2004. Keppel Singmarine has delivered two AHTS vessels to Hadi in the last two years, and is currently building a 140-tonne bollard pull purpose-built AHTS vessel for PRM. This vessel is due for delivery in the last quarter of 2003.

19 Jun 2003

Keppel Singmarine to Build two AHTS Vessels and Two Tugs

Keppel Singmarine (KSM), the specialized shipbuilding division of Keppel Offshore & Marine, will build two Anchor Handling Tug/ Supply (AHTS) vessels for CH Offshore Ltd, and two harbour tugs for Maju Maritime Pte Ltd. The total value of the four vessels is approximately S$42.5 million. The two AHTS vessels totaling S$33 million are expected to be delivered in August and October 2004 respectively, when they will be deployed to Asia and the Middle East for operations. Goh Boon Kiat, Executive Director of KSM said, “In terms of cargo carrying capacity and bollard pull, the vessels will be of an optimal design. "This particular design is extremely popular because of its versatility. The two AHTS vessels will have bollard pull in excess of 60 ton.