Keppel Shipyard wins $125mn contracts
Contracts include repair, conversion, modification and upgrade of offshore vessels
Keppel Shipyard Ltd, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured $125mn worth of offshore contracts.
One of the multi-million deals was for the conversion of a Floating Production Storage and Offloading (FPSO) vessel, while the other three were for repair, upgrade and modification.
The FPSO conversion contarct was awarded to Keppel by Armada Madura EPC Limited, a joint venture between long-standing customer Bumi Armada Berhad and Shapoorji Pallonji Group.
Mr Michael Chia, managing director for the marine and technology division, Keppel O&M, said, "This is our third conversion/upgrading project for the joint venture.
"We are confident that this FPSO will be as successful as our first two FPSOs, Armada Sterling and Armada Sterling II, which have been performing excellently at the D1 field and Cluster 7 field in India respectively. This also marks our thirteenth conversion/upgrading project for Bumi Armada."