Keppel wins trio of offshore vessel orders

Offshore staff

SINGAPORE -- Keppel Offshore & Marine subsidiaries have won three construction contracts for offshore vessels with a combined value of S$420 million ($343 million).

Hydro Marine Services, a subsidiary of McDermott International, has commissioned Keppel Singmarine's to build a deepwater pipelay (S-Lay) vessel.

Keppel's Marine Technology Development (MTD) designed the vessel to support operations in up to 10,000 ft (3,280 m) of water. It is also claimed to provide efficient layrates for long trunklines, to be operable in severe weather, and to provide high levels of thrust output and power distribution.

Work will start during 1Q 2013 and should be completed within two and a half years.

Keppel Singmarine also has a contract is from Bhagwan Marine in Australia to build a catamaran (twin-hulled) air dive support vessel, designed by Incat Crowther, and due for completion in 1Q 2014. This will be deployed off northwest Australia to support Apache Energy’s offshore operations.

Third, Keppel Shipyard has a contract from EMAS Offshore Construction and Production to modify and upgrade the FPSO Lewek Arunothai. The yard's work scope includes installation of new structures, piping systems and a deck crane; refurbishment of the living quarters; and fabrication and installation of rigid arm and external turret mooring systems.

Following completion in 2Q 2013, the FPSO will be deployed as an early production system on the Kamelia field in the Malaysia/Thailand Joint Development Area in the North Malay basin.

It will be capable of handling 100 MMcf/d of gas, 1,000 b/d of condensates, and 500 b/d of water.

12/31/2012

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