Keppel Shipyard secures contracts from repeat customersNews // August 15, 2008
Keppel Shipyard has secured contracts amounting to S$110 million for the upgrading, modification and conversion of three vessels from as many customers.
The first contract is from Bumi Armada Berhad, for the upgrading and conversion of a tanker into a floating production storage and offloading facility (FPSO). Bumi Armada Berhad is the largest owner and operator of offshore support vessels in Malaysia which is growing in FPSO installations.
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. When completed in the first half 2009, the FPSO Armada Perdana will have a storage capacity of 1 million barrels of oil and be capable of processing 40,000 barrels of oil per day (bopd).
The second contract is for the jumboisation of a dredger from Boskalis Westminster Shipping BV (Boskalis), an operating company of Royal Boskalis Westminster nv in the Netherlands. This project is to enhance the dredging capabilities of their trailing suction hopper dredger Queen of the Netherlands and will be Keppels second such jumboisation project with Boskalis. When completed in the first quarter of 2009, the vessels hopper capacity will be increased from 23,347m3 to 35,500m3, making it one of the largest of its kind in the world.
The third contract is from BW Offshore Limited for the upgrading and modification of an FPSO for the Tupi field in Brazil. To be converted according to Petrobras requirements, the FPSO BW Peace will be renamed BW Cidade De Saġ Vicente. It will be the first FPSO to enter the gigantic TUPI deepwater field outside Rio de Janeiro. BW Cidade De Saġ Vicente will be the third FPSO awarded to Keppel Shipyard by BW Offshore. This fast track FPSO project is expected to be completed by the end of 2008. BW Offshore is one of the worlds leading FPSO contractors and a market leader in advanced offshore loading and production systems to the oil and gas industry.