Keppel Secures $96 Million Contracts to Upgrade FPSO and Build a Dredger

Written by Paulo Nogueira

Published on 16/07/2019 at 07:59

Seja o primeiro a reagir!

Keppel Offshore & Marine of Singapore (Keppel O & M) Secures Repeat Customer Contracts Worth Approximately S $ 130 Million (US $ 95.8 Million) for a New Dredger and Modification of a Floating Storage and Production (FPSO) Vessel.

The contracts were secured through Keppel’s subsidiaries, Keppel FELS and Keppel Shipyard, the company reported on Tuesday. Chris Ong, CEO of Keppel O & M, said: “We are pleased to secure these contracts from loyal customers, as it reflects the market’s confidence in Keppel O & M’s tailored solutions for new vessels and FPSO conversions. This is the third dredger built for Van Oord and the third FPSO project for Yinson.”

FPSO Update

The second contract is between Keppel Shipyard and Yinson Nepeta Production Ltd, a wholly-owned subsidiary of Yinson Production, for the rapid modification and upgrade of the FPSO Allan. The scope of work for Keppel Shipyard includes refurbishment and life extension work, fabrication and installation of a new riser area, anchoring system, and helipad, as well as modification of the vessel’s topsides and marine systems.

The project for Yinson is scheduled to begin in Q3 2019 with delivery expected in Q1 2020. Upon completion, the FPSO will have a storage capacity of 700,000 barrels of oil and a processing capacity of 60,000 barrels of oil per day. It will be deployed in the Anyala and Madu fields offshore Nigeria for First Exploration and Petroleum Development Co Ltd.

Eirik Barclay, CEO of Yinson Offshore Production, said: “We chose to partner with Keppel Shipyard for this accelerated upgrade project as the market is showing a positive trend with a growing number of awards and project proposals. We are very excited to work with Keppel on this project, and we are confident that they can once again deliver a safe and timely high-quality service to Yinson.”

In Brazil

Brasfels Shipyard, which is also a shipyard of the Keppel Fels Group, is looking forward to the works of the FPSO Búzios 5, which will serve Petrobras in pre-salt projects in the Santos Basin. This contract was sealed in June, and the local content issue is expected to be defined by the end of 2019.

In addition to shipyard services, Brasfels is now entering the offshore maintenance mode and has been contracting some professionals since last month, even being a topic on the news. Check it out here.

Keppel Secures $96 Million Contracts to Upgrade FPSO and Build a Dredger

Keppel Offshore & Marine of Singapore (Keppel O & M) Secures Repeat Customer Contracts Worth Approximately S $ 130 Million (US $ 95.8 Million) for a New Dredger and Modification of a Floating Storage and Production (FPSO) Vessel.

See Also

FPSO Update

In Brazil

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

The probe that passed by Saturn nearly 20 years ago captured something that no one expected — and only now have scientists deciphered complex organic molecules coming from an ocean hidden beneath the ice.

Before mining the ocean floor, scientists found 24 unknown creatures at 4,000 meters — including an entire superfamily that science had never seen before.

In the asteroid belt, an “impossible comet” is releasing water vapor where it shouldn’t exist, and the James Webb telescope has revealed that primordial ice has survived for billions of years in a region that could rewrite the origin of water on Earth.

Mercedes has created an electric motor with over 1,000 horsepower that weighs only 12.7 kilograms — less than a suitcase and with the highest power density ever recorded.

At over 8 meters tall and resembling a trunk, this creature dominated the Earth 400 million years before the dinosaurs — and science still doesn’t know what it was.

Keppel Secures $96 Million Contracts to Upgrade FPSO and Build a Dredger

Keppel Offshore & Marine of Singapore (Keppel O & M) Secures Repeat Customer Contracts Worth Approximately S $ 130 Million (US $ 95.8 Million) for a New Dredger and Modification of a Floating Storage and Production (FPSO) Vessel.

See Also

FPSO Update

In Brazil

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Scientists discover unexpected climate benefit hidden in forest soils related to atmospheric methane absorption.

Sandy unproductive land can become a highly profitable area with a simple technique that boosts soybeans and corn to over 100 sacks.

The new Kia hatch will have a range of up to 480 km, may cost up to 25,000 euros (around R$ 150,000), and promises to become one of the most affordable electric cars in Europe; meet the Kia Picanto Electric.

Viih Tube, former BBB contestant and millionaire, lives in a mansion worth R$ 8.5 million with a heated artificial lake, two cinemas, a complete spa, and a giant playroom of 120 m² for the couple’s children.

Labor shortages in the construction industry in the United States surge, and 499,000 workers need to be urgently hired to fill open positions and support ongoing large-scale projects.

The probe that passed by Saturn nearly 20 years ago captured something that no one expected — and only now have scientists deciphered complex organic molecules coming from an ocean hidden beneath the ice.

Before mining the ocean floor, scientists found 24 unknown creatures at 4,000 meters — including an entire superfamily that science had never seen before.

In the asteroid belt, an “impossible comet” is releasing water vapor where it shouldn’t exist, and the James Webb telescope has revealed that primordial ice has survived for billions of years in a region that could rewrite the origin of water on Earth.

Mercedes has created an electric motor with over 1,000 horsepower that weighs only 12.7 kilograms — less than a suitcase and with the highest power density ever recorded.

At over 8 meters tall and resembling a trunk, this creature dominated the Earth 400 million years before the dinosaurs — and science still doesn’t know what it was.