The company has commenced work on a TSHD for Royal Boskalis Westminster NV, which is projected to be re-delivered in Q2. Credit: dimitrisvetsikas1969 / Pixabay.

Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard has received contracts from repeat clients for a combined value of approximately $250m.

Under the first contract, the firm obtained the Final Notice to Proceed (FNTP) from GAS-fifteen for the Engineering Procurement Construction (EPC) conversion of a liquefied natural gas (LNG) carrier into a Floating Storage and Regasification Unit (FSRU).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Last November, Keppel Shipyard signed a Limited Notice to Proceed (LNTP) for the project, with an aim to begin early works for the conversion.

As agreed, Keppel Shipyard will be responsible for the EPC of the regasification skid, along with the deployment of supporting solutions, including boilers, spread-mooring, offloading, electrical and automation systems.

After the conclusion of the project, the converted FSRU will provide services near the Port of Alexandroupolis in Greece.

Keppel Shipyard secured the second contract from MODEC Offshore Production Systems (Singapore).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Under this deal, the firm will carry out the installation and integration of topside modules on a floating production storage and offloading (FPSO) vessel named Bacalhau.

Keppel Shipyard will also assemble and deploy two deck cranes, fabricate two crane pedestals and a flare tower, and provide commissioning support for MODEC.

After completion, the FPSO will serve in the Bacalhau field situated in the Santos Basin, offshore Brazil, for Equinor and its field associates.

Keppel Shipyard has won the third contract from a fully-owned subsidiary of Royal Boskalis Westminster NV for the overhaul and jumboisation of two trailing suction hopper dredgers (TSHD).

The company has commenced work on the first TSHD, which is projected to be re-delivered in the second quarter of the year.

Meanwhile, the second TSHD is slated to arrive at the shipyard in Q3, with re-delivery scheduled for Q4.

A new owner-furnished block will be added to both the ships, which will increase the vessels’ length from 156m to 201m.

Last December, Keppel O&M unit Keppel FELS signed an agreement with Sumitomo Corporation for supporting ammonia fuel operations in Singapore.