Keppel secures $218m worth of contracts

Keppel secures $218m worth of contracts

Singapore’s Keppel Offshore & Marine has been awarded contracts worth a combined value of about S$300m ($218m) for the design and construction of an ice-class LNG bunker vessel, refurbishment of an FPSO and 65 scrubber retrofit projects.

The LNG bunker vessel construction contract is awarded by Shturman Koshelev. The vessel will be chartered to Gazpromneft Marine Bunkerfor operations in the Baltic Sea upon delivery in the fourth quarter of 2020.

The FPSO contract is secured from a leading global operator of floating production vessels. Keppel Shipyard will be responsible for the design of the aft hull, procurement of equipment, as well as fabrication, outfitting, integration and commissioning work on board the existing FPSO. The installation will also include a new accommodation block which can accommodate up to 140 personnel.

Work on the FPSO is scheduled to commence in the first quarter of 2019 and delivery is scheduled by the end of 2020.

Separately, Keppel Shipyard has signed a total of 65 contracts from a variety of customers for scrubber retrofit projects involving project management, integration design engineering, installation and retrofitting, as well as testing and commissioning works.

“These new contracts are testament to Keppel O&M’s expertise in the building, upgrading and conversion of a wide range of vessels. They also extend our track record in refurbishment and modification projects, which are a core part of our business,” said Chris Ong, CEO of Keppel O&M.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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