S$222m of new contracts for Sembcorp Marine

Singapore: Sembcorp Marine’s subsidiaries Sembmarine SLP and Jurong Shipyard have secured offshore energy related contracts valued at a combined S$222m.

Sembmarine SLP Limited (SLP), which is 70% owned by Sembcorp Marine, has been awarded a contract to design and build the offshore substation platform for the Dudgeon Offshore Wind Farm. The contract has been granted by Siemens Transmission & Distribution, which was awarded the contract for the Electrical System Infrastructure by the wind farm’s developer Dudgeon Offshore Wind Limited, a joint venture between Norwegian energy firms Statkraft and Statoil.

Jurong Shipyard has been contracted by regular customer MODEC Offshore Production Systems (Singapore), to complete the repair and life extension, and conversion of a VLCC into a Floating Production Storage and Offloading (FPSO) vessel as part of the TEN Development Project. This is the twenty-second FPSO conversion project which Jurong Shipyard is working on with MODEC.

When completed in 4Q2015, the TEN Development FPSO will have a capacity of production and treatment of 80,000 bpd of crude oil, 65,000 bpd of produced water, and 180 MMscfd of gas, with an onboard storage capacity of 1.7m barrels.  [20/10/14]

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