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Singapore’s offshore rig and vessel builder Keppel Offshore & Marine Ltd (Keppel O&M) has won a contract from a repeat customer worth about S$100 million ($74.7M) for the fabrication and integration work on a floating production storage and offloading vessel (FPSO).<\/strong><\/p>\n Keppel O&M said on Thursday that the contract was won by Scheduled for delivery in the fourth quarter of 2022, Keppel Ahead of the FPSO\u2019s arrival in the yard, Keppel Shipyard Chor How Jat<\/strong>, managing director of conversions and repairs at Keppel O&M, said: \u201cWe are pleased to secure our 140th conversion project to help meet the world\u2019s need for energy.<\/em><\/p>\n \u201cAs the world\u2019s leader in FPSO conversion and integration projects, we have built up strong capabilities to add value to our customers\u2019 projects and efficiently deliver high-quality FPSOs, while contributing to the circular economy with our conversion solutions.<\/em><\/p>\n \u201cWith the challenges posed by Covid-19, the health and safety of our workforce is paramount. We have put in place measures to safeguard our people and maintain our operations to ensure that each project entrusted to us is delivered as planned<\/em>\u201d.<\/p>\n When completed, the FPSO will be capable of producing According to the company, the above contract is not expected It is worth reminding that Keppel Corporation decided to review its offshore & marine business<\/a> back in September as part of its overall strategy and roadmap amid the sector\u2019s challenging environment.<\/p>\n The post Keppel wins $74.7 million FPSO conversion deal<\/a> appeared first on Offshore Energy<\/a>.<\/p>\n world maritime news<\/p>\n","protected":false},"excerpt":{"rendered":" Singapore’s offshore rig and vessel builder Keppel Offshore & Marine Ltd (Keppel O&M) has won a contract from a repeat customer worth about S$100 million ($74.7M) for the fabrication and integration work on a floating production storage and offloading vessel (FPSO). Keppel O&M said on Thursday that the contract was won by its wholly-owned subsidiary …<\/p>\n","protected":false},"author":1,"featured_media":22219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[1273,1202,172,2122,1291,1176],"class_list":["post-22218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-conversion","tag-deal","tag-fpso","tag-keppel","tag-million","tag-wins"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/22218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=22218"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/22218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/22219"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=22218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=22218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=22218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nits wholly-owned subsidiary Keppel Shipyard.<\/p>\n
\nShipyard\u2019s scope of work includes the fabrication, installation, and
\nintegration of topside modules, riser balconies, and spread mooring support
\nstructures, as well as supporting the customer on pre-commissioning and
\ncommissioning work.<\/p>\n
\nwill begin with pre-fabrication work on the topside components in the first
\nquarter of next year.<\/p>\n
\n220,000 barrels of oil per day and have an associated gas treatment capacity of
\n400 million cubic feet per day.<\/p>\n
\nto have a material impact on the net tangible assets or earnings per share of
\nKeppel Corporation for the current financial year.<\/p>\n