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Thursday, 25 March 2010

Keppel Offshore & Marine secures $140 million worth of contracts from repeat customers

wow. another contract

Keppel Offshore & Marine Limited (Keppel O&M) through its subsidiaries, Keppel Shipyard, Keppel FELS and Keppel Verolme, has secured S$140 million worth of contracts for the conversion of a Floating Production Storage and Offloading facility (FPSO) and repair and modification of two semisubmersibles (semi).

Keppel Shipyard will undertake the upgrading and conversion of a Suezmax tanker into an FPSO for repeat customer Bumi Armada Berhad (Bumi Armada).

Keppel FELS and Keppel Verolme have each secured the repair and modification of a drilling semi from Stena Drilling.

Keppel Shipyard is expected to commence work on the FPSO in the second quarter of 2010 for completion in the second quarter of 2011,

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