More firms seek Keppel’s expertise

KEPPEL   RIGS   CONTRACTS

Singapore - Keppel Offshore & Marine, a division of Keppel Corporation, has once again scored overseas contracts, garnering more international recognition.

Keppel FELS Brasil has secured a US$200 million (SG$253 million) contract from returning customer MODEC and Toyo Offshore Production Systems (MTOPS), a Singapore-based joint venture by Toyo Engineering Corporation and MODEC.

The Brazil-based BrasFELS yard will be in charge of the fabrication and integration of topside modules for the Floating Production Storage and Off-loading vessel (FPSO), and will be completed in two years.

The FPSO will comprise a daily production capacity of 150,000 barrels of oil per day and storage of 1,600,000 barrels of oil. Dutch-owned Tupi BV will charter the rig for 20 years and deploy in offshore Brazil.

Keppel has also won a fabrication yard contract in its Manila-based Keppel Subic Shipyard for the third phase of the Malampaya deepwater gas-to-power project.

Under the contract, the yard will fabricate, install and integrate the substructure and top side modules of the depletion compression platform, according to the Manila Standard Today.

In the last two weeks, Keppel Kazakhstan inked a contract in Kazakhstan for a KFELS B Class jackup rig, while its subsidiaries in US and Azerbaijan inked contracts for a semisubmersible rig and floating dock respectively.

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