Keppel Shipyard secures three conversion projects

Offshore staff

SINGAPORE – Keppel Shipyard has secured three conversion contracts worth a total of S$142 million ($110 million).

The first contract is for the fasttrack conversion of the LNG carrier Tenaga Empat into a FSU for Malaysian customer MISC Berhad. When completed in 2Q 2012, the FSU will have a storage capacity of 130,000 cu m and operate in the Melaka LNG Import Terminal.

The second contract is from Dixstone Holdings Ltd. for the modification and upgrading of the FSO Massongo. Work is expected to commence at the end of this year. The scope of work includes refurbishment and life extension works; fabrication and installation of the cargo offloading balcony and helideck; installation and integration of a 14-point spread mooring system and the upgrading of the accommodation facilities. The available storage capacity will be 2.5 MMbbl, with four wing ballasts tanks to be converted into cargo tanks. When completed in 3Q 2012, FSO Massongo will replace both FSO Kingsway (Rio Del Rey basin) and FSO Moudi at Moudi field located 20 mi (32 km) apart.

The third contract is for the conversion of the tanker Umbe into a FPSO unit for Bumi Armada Berhad. Slated for completion in 4Q 2012, the FPSO will have a production capacity of 50,000 b/d, and a storage capacity of 580,000 bbl. The FPSO has been chartered by Oil and Natural Gas Corp. Ltd. for deployment in the D-1 field, which is located 200 km (124 mi) west of Mumbai, India.

09/29/2011



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