Chris Ong News

Singaporean shipbuilding group Seatrium announced it has appointed Adrian Teng as Chief Financial Officer (CFO), effective January 1, 2024.Teng brings over two decades of diverse international experience in strategy, finance, restructuring, operations and corporate management across developed and emerging markets. Prior to his current appointment, Teng was Group Chief Financial Officer and Chief Operating Officer of Clifford Capital Holdings, with responsibilities in finance, treasury…

ABS and Seatrium are working together to advance smart digital technologies for shipyards, with a focus on boosting safety, productivity and efficiency.At Singapore Maritime Week, ABS launched detailed requirements to guide the industry in the application of smart technologies at shipyards and recognize Seatrium as the first shipyard group to deploy smart technologies in its operations, in line with the ABS Guide for Smart Technologies for Shipyards.Seatrium’s Mobile Wearable Personal Device (MWPD) Monitoring System…

Singapore's Keppel Offshore & Marine said Wednesday it was on track to deliver a "mega" floating production, storage, and offloading vessel (FPSO) to SBM Offshore in the first quarter of 2023. This is the third FPSO that Keppel Shipyard is delivering to SBM Offshore and will be chartered to the consortium of ExxonMobil, CNOOC, and Hess, to operate in the Stabroek Block, offshore Guyana. The vessel was named Prosperity FPSO by Guest of Honour,  Arya Ali, the First Lady of the Co-operative Republic of Guyana at a ceremony held Wednesday at Keppel Shipyard.

Singapore's Keppel Offshore & Marine said Thursday it had completed work on the Maju 510 tug, its first autonomous vessel project."Capable of autonomous vessel navigation as well as collision detection and avoidance (CDCA), the Maju 510 tug, owned and operated by Keppel Smit Towage, is the first vessel in the world to receive the Autonomous Notation from ABS classification society," Keppel O&M said.According to Keppel O&M, the tug is the first in South Asia that can be remotely operated by joystick control.

Asia's first ship-to-containership liquefied natural gas (LNG) bunkering operation was undertaken in Singapore on Wednesday as vessel owner and operators continue to turn to the cleaner burning fuel to reduce their emissions and Singapore ramps up its efforts to become an LNG bunkering hub.French shipping company CMA CGM, a large adopter of LNG fuel for its containerships, said its vessel CMA CGM Scandola was fueled with 7,100 cubic meters (m3) of LNG from FueLNG Bellina, Singapore’s first LNG bunkering vessel.

Singapore's Energy Market Authority (EMA) and Keppel Offshore & Marine have jointly awarded a research grant to pilot Singapore’s first floating Energy Storage System (ESS). This project was awarded to a consortium led by Envision Digital International Pte Ltd (Envision Digital), aspart of the $10 million partnership between EMA and Keppel O&M  - announced in April 2020 - to develop innovative energy solutions in the marine sector.Keppel O&M said Monday it would work with the consortium to deploy a 7.5 MW/7.5MWh lithium-ion battery ESS on Keppel O&M’s Floating Living Lab (FLL).

Singapore-based offshore rig builder Keppel Offshore & Marine has partnered up with Energy Market Authority (EMA) to develop energy solutions in the areas of distributed energy resources, digitalization and emerging low carbon alternatives.As part of the $10 million partnership, EMA and Keppel O&M are launching a grant call for solutions relating to energy storage systems and smart power grids for the offshore and marine environment. "These solutions should seek to reduce overall energy usage and carbon footprint while enhancing overall operational efficiency.

Singapore's offshore facilities builder Keppel has said it has delivered "the world’s fastest brownfield Floating Production Storage and Offloading vessel (FPSO) modification and upgrading project."Named FPSO Abigail-Joseph, the vessel was delivered to Malaysia's Yinson Holdings. According to Keppel, it took it seven months to complete the project.Chris Ong, CEO of Keppel O&M said, "This is our 134th floating production vessel, and we are pleased to be able to fast-track the project and upgrade it in under seven months.

In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations.One of the rigs, which was delivered earlier this year for work in offshore Mexico, is already online with its performance being monitored from Singapore.In line with issuing the ABS Guide for Smart Functions for Marine Vessels and Offshore Units, Keppel O&M is recognized as the first shipyard group to integrate smart functions into rigs.Keppel O&M is a global leader in offshore rig design, construction and repair, ship repair and conversion…

Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations as part of the DolWin cluster servicing German offshore wind farms.The grid operator TenneT Offshore has tasked Aibel and Keppel O&M, a unit of Keppel Corp, with the design, engineering, procurement, construction, installation and commissioning of a 900-MW offshore High Voltage Direct Current (HVDC) converter station along with an onshore converter station as part of the DolWin5 project.Together with its subcontractor ABB (ASEA Brown Boveri), the consortium will also undertake the installation and start-up operations of the offshore and onshore converter stations on site at Germany.Scheduled to be completed in 2024…

Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel Shipyard Ltd (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), secured integration and upgrading contracts worth a combined value of about S$160mln (USD 118mln).Chris Ong, CEO, Keppel O&M, said, "These contracts from repeat customers are testament to Keppel O&M's strong customer service in delivering on time, within budget and safely as well as our extensive track record in modification and upgrading projects for a wide variety of products such as FPSOs and drilling rigs."With strong engineering expertise and project management capabilities…

Keppel Shipyard Ltd (Keppel Shipyard), has received the Final Notice to Proceed (FNTP) from Gimi MS Corporation, a subsidiary of Golar LNG Limited, to commence full conversion works for the Gimi Floating Liquefaction Vessel (FLNG) project.The wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) said in a press release that  the total contract is worth US$947million and builds on the issuance of the Limited Notice to Proceed (LNTP) on 17 December 2018.Keppel Shipyard's scope of work in the conversion of a Moss Liquefied Natural Gas (LNG) carrier into an FLNG vessel includes the design, detailed engineering and procurement of the marine systems as well as conversion-related construction services.It will be similar to the work done on the first FLNG vessel…

FueLNG, a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, has set a new industry milestone for Singapore by completing its 100th LNG bunkering operation.Since May 2018, FueLNG has been providing truck-to-ship LNG bunkering for two dual-fuel tugs operated by Keppel Smit Towage.FueLNG is also able to provide LNG for the commissioning of LNG systems and machinery, and trials for gas-fueled vessels. In September 2017, FueLNG completed its first operation and provided LNG for the commissioning of the floating liquefaction vessel Hilli Episeyo.“This milestone is testament to FueLNG’s ability to provide safe, cost-efficient and reliable LNG bunkering for our clients,” said Chris Ong, Chairman, FueLNG and CEO, Keppel O&M.

Singapore yard Keppel Offshore & Marine (Keppel O&M) said that its wholly-owned subsidiary Keppel Singmarine will develop an autonomous tug that will be operated by Keppel Smit Towage.The tug is expected to be one of Singapore’s first autonomous vessels when the project is completed in 4Q 2020.To develop the autonomous tug, Keppel O&M has secured a grant of up to S$2 million from the Maritime and Port Authority of Singapore (MPA) under its Maritime Innovation and Technology Fund (MINT FUND).This follows the Memorandum of Understanding signed by Keppel O&M, MPA and the Technology Centre for Offshore and Marine, Singapore (TCOMS) in April 2018 to jointly develop autonomous vessels for a variety of applications including undertaking harbour operations such as channelling…

Singapore's Keppel FELS has delivered the jackup rig, Cantarell IV, to Grupo R with a perfect safety record.The wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) said that as part of the deal, Grupo R has entered into a sale and leaseback agreement with FELS Asset, another wholly-owned subsidiary of Keppel O&M.FELS Asset will purchase the rig from Grupo R for US$179m which is equivalent to the balance contract value of the rig. Cantarell IV will be leased back to Grupo R on a bareboat charter at competitive day rates over five years. IPC, the parent company of Grupo R, will provide a Parent Company Guarantee on Grupo R's charter payment obligations.Under the bareboat charter…

Singaporean conglomerate  Keppel Offshore & Marine said that it has secured new marine contracts with a combined value of S$300 million (USD 220 mln) through its subsidiaries. According to a press release from the company, the first contract is by Keppel Singmarine with Shturman Koshelev LLC for the design and construction of an ice-class LNG bunker vessel. When completed in 4Q 2020, the vessel will be chartered to Gazpromneft Marine Bunker Ltd (Gazpromneft) for operations in the Baltic Sea. The contract complies with applicable sanctions.To be built to the MTD 5800V LNG design, a proprietary design of Keppel O&M's ship design and development arm…

In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc. group, to undertake the topside module fabrication and integration of the FPSO Carioca MV30, a Floating Production Storage and Offloading vessel (FPSO). This is the sixth FPSO collaboration between Keppel FELS Brasil and MODEC.In Singapore, Keppel Shipyard Ltd (Keppel Shipyard) has been entrusted with the conversion of a LNG Carrier to a Floating Storage and Re-gasification Unit (FSRU) by a leading global operator of oil and gas production vessels.Mr Chris Ong, CEO of Keppel O&M, said…

Following the Letter of Intent signed by Keppel Offshore & Marine Ltd through its wholly-owned subsidiary, Keppel FELS Limited, with Awilco Drilling PLC, Keppel has secured the contract to construct a mid-water semisubmersible (semi) drilling rig for harsh environment use worth about $425 million. As part of the transaction, Awilco has independent options to order up to another three similar rigs to be exercised within 12, 24 and 36 months respectively. The prices of the three additional rigs are subject to cost adjustments and will only be finalised and announced separately if and when the options are exercised. Scheduled for completion in 1Q 2021, the rig will be built to Moss Maritime's CS60 ECO MW design.

Singapore’s shipyards are looking to recent investments in capacity, design and newly acquired technology to combat order declines after a decades-long offshore buildup. Sembcorp and peer Keppel are making the most of partnerships in FLNG and showing signs they’ll be okay through the downturn, helped by their gas-hungry Australasian backyard and renewed ties with old charterer parties and suppliers. With drilling contractors unable to pay for the offshore rigs they’ve ordered, Singapore’s heavyweight yards have had to defer deliveries and become defacto rig owners.

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd. The vessel was named Hilli Episeyo at a ceremony in Keppel Shipyard today. Upon its completion, the FLNGV will be put in operation offshore Kribi, Cameroon for Société Nationale des Hydrocarbures and Perenco Cameroon SA, and will be the first FLNGV project in Africa. Chris Ong, CEO of Keppel O&M said, "We are proud to be able to deliver the world's first FLNGV conversion in partnership with Golar LNG within three years and with a commendable safety record.

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG). It was completed 32 days ahead of schedule, on budget and with a perfect safety record, the builder announced. This is the third KFELS B Class jackup rig that Keppel FELS has delivered to UMW-OG. The first jackup - UMW Naga 4 - was delivered in February 2013 and is currently servicing the contract of Petronas Carigali in Malaysia…

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Floatel Triumph, a fifth high-specification accommodation semisubmersible (semi), to Floatel International Ltd (Floatel). The semi, which is built to Keppel's proprietary SSAUTM5000NG design, will be chartered by Chevron Corporation for work in the Wheatstone field in Western Australia. Floatel Triumph is scheduled to arrive on location in mid-October 2016. Thereafter, it will work for INPEX Operations Australia in Ichthys Field, off Western Australia.