Keppel wins $85mn liftboat order

Vessel to be delivered in Q4, 2017

Nakilat-Keppel Offshore & Marine facilities.
Nakilat-Keppel Offshore & Marine facilities.

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine, has secured an $85mn contract from Thailand's Crystal Heights, to build a high specification liftboat.

The liftboat is scheduled for delivery in 4Q, 2017 and will operate in the Middle East, China and the Gulf of Mexico.

Wong Kok Seng, managing director of Keppel O&M (Offshore) and Keppel FELS, said, "This latest contract from Crystal Heights is the second liftboat based on Keppel's innovative proprietary solution that Keppel has been contracted to build within a year.

"We have leveraged our jackup rig technologies and expertise to develop our own series of liftboat designs that is able to value add to the industry. For instance, it will have a higher freeboard for safer operations and retractable spud cans flushed to the bottom of the rig's hull which reduces drag when transiting between locations.

"Even as the market for drilling rigs remains depressed, Keppel has the versatility and capabilities to design and build other products that are in demand, such as mobile units for plug and abandonment, accommodation and maintenance."

Liftboats are dedicated vessels used to support offshore platforms in construction, accommodation and well intervention as well as maintenance and installation.



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