Keppel Shipyard wins SG$120 million contracts

29th September 2016: Keppel Shipyard, part of Keppel Offshore & Marine, has won four contracts worth a total of S$120 million (US$89 million) from existing customers.

It will undertake the installation and integration of topside modules for a newbuild floating production storage and offloading (FPSO) vessel for BW Catcher, a subsidiary of BW Offshore. The FPSO will be deployed in the Catcher Field in the North Sea, operated by Premier Oil.

The second contract is to fabricate an internal turret mooring system for a floating storage and offloading (FSO) vessel for Sofec Inc, that will operate in Maersk Oil’s Culzean Field in the North Sea. The fabrication of the turret is due to be completed in the third quarter of 2017.

Keppel Shipyard will carry out upgrading work to the pipelay vessel Castorone for Saipem Offshore Norway. This work is already underway and due to be completed in the third quarter of 2016. It includes the replacement of switchboards to improve the vessel’s power distribution system, renewal work on 45km of electrical cables, construction of new water ballast tanks and conversion of old ones into fuel tanks, and various pipelay system upgrades.

The fourth contract is for the modification and upgrading of the Woodside Energy FPSO Ngujima-Yin. This includes marine and hull life extension and refurbishment, installation of a new water flood module, turret risers and power and control module, modification of the swivel system, marine and topside piping. Engineering work is due to start in July 2016 with shipyard construction work starting in the second quarter or 2018. When completed the FPSO will return to the Greater Enfield Project in Western Australia.

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