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.