Tuesday, July 29, 2008

Keppel secures three upgrade projects

Keppel Shipyard has secured contracts for the upgrading, modification and conversion of three vessels, bringing in US$110 million.

The first contract is from Bumi Armada Bergad for the upgrading of a tanker into a floating production storage and offloading facility (FPSO). When completed in the first half of 2009, FPSO Armada Perdana will have a storage capacity of 1 million barrels of oil and be capable of processing 40,000 b/d. The scope of work includes the fabrication, installation and integration of a 12-point spread mooring system, riser balcony, topside facilities and upgrade of accommodation and auxiliary support systems. The second contract is for the enlarging or "jumboisation" of a dredger from Boskalis Westminster Shipping, and operating company of Royal Boskalis Westminster in the Netherlands. The project will enhance the dredging capabilities of trailing suction hopper dredger Queen of the Netherlands, making it one of the largest of its type. The third contract is from BW Offshore for the upgrading and modification of an FPSO for the Tupi field offshore Brazil. FPSO BW Peace will be renamed BW Cidade de Sao Vicente, and converted according to Petrobras' specifications. It will be the first FPSO in the Tupi deepwater field.
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