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    Keppel awarded bonus for FPSO conversion

    Yard News // May 9, 2003
    Keppel Shipyard has been awarded a $2 million bonus for delivering a FPSO 10 days ahead of schedule to Single Buoy Moorings (SBM) Inc.

    The wholly-owned subsidiary of Keppel Corporation also received a $200,000 safety incentive. The yard achieved more than three million man-hour work without lost-time accident during the conversion of the 307,431dwt FPSO Serpentina.

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