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The major scope of work for the conversion includes refurbishment and life extension works; accommodation upgrade; fabrication and installation of topside modules and turret mooring system, flare tower, helideck and pipe racks; tank coating work; structural steel additions and new piping systems. It will also feature an internal turret designed by EOC’s associate company, London Marine Consultants (LMC). Separately, Keppel Shipyard has also secured a job to complete the NorCE Endeavour, a Derrick Lay Barge for NorCE Offshore Pte Ltd. Keppel Shipyard will undertake the installation of various equipment, the furnishing of a new 284-man accommodation block, the fabrication and installation of outfitting steel, painting works, as well as assist in the vessel’s commissioning. Expected to be completed in 2Q 2010, the 146 metre-long barge will incorporate a modern 1100 metric tonne ringer crane and advanced pipe-lay equipment, which will enable it to operate in a wide range of offshore marine construction activities in the region. Meanwhile, Keppel FELS has won a job to repair and perform life extension works on MG Hulme Jr, a deepwater semisubmersible rig for Transocean Ltd. Work on the rig is expected to commence in 1Q 2010 when the vessel arrives from Nigeria, West Africa. The scope involves the refurbishment of existing accommodation, installation of a new accommodation block and helideck, various machinery overhauls and inspections. The vessel will be deployed to operate in Libya for Gazprom with delivery expected in 2Q 2010. “We would like to thank our customers EOC, NorCE Offshore and Transocean for their continued support and trust in Keppel O&M and our subsidiaries. As we continue to pursue new jobs, we remain committed to deliver on our promises and be the global industry’s preferred offshore and marine partner,” Mr Tong said. Keppel Shipyard and Keppel FELS are subsidiaries of Keppel Corporation Limited through Keppel O&M. Keppel O&M is a global leader in offshore rigs, shiprepair and conversion, and as well as specialised shipbuilding. Its “Near Market, Near Customer” strategy is bolstered by a global network of shipyards in the Asia Pacific, Gulf of Mexico, Brazil, the Caspian Sea, Middle East and the North Sea regions. Integrating the experience and expertise of its yards worldwide, the group aims to be a provider of choice and a partner for solutions in the offshore and marine industry. The above contracts are not expected to have material impact on the net tangible assets and earnings per share of Keppel Corporation for the financial year ending 2009. About EOC EOC Limited (EOC) provides offshore transport, installation, construction & floating production services that support the entire life cycle of offshore oil & gas production. The company is an associated company of Singapore Exchange-listed Ezra Holdings Limited, the leading integrated offshore service provider with a broad range of offshore support vessels for charter to cater to the entire oil field life cycle. About NorCE Offshore NorCE Offshore was established through parent company Nor Offshore Pte Ltd of Singapore. Nor Offshore is a Joint venture between Solstad Offshore ASA of Norway and Nortrans Invest Ptd Ltd, a Singaporean investment holding company. About Transocean Transocean, the world’s largest offshore drilling contractor, provides the most versatile fleet of mobile offshore drilling units to help clients find and develop oil and natural gas reserves. Keppel Corporation Limited, press release |
Keppel O&M clinches three more contracts worth S$160 million
“Including these latest contracts, for the year-to-date, the Keppel O&M group has secured contracts totalling S$1.5 billion. Overall, the new contracts have helped to replenish our orderbook as we end a peak year of deliveries.”