Keppel’s overseas yards secure contracts worth S$160 million

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Two subsidiary yards of the Keppel Offshore & Marine group have won contracts totalling S$160 million.

Keppel Subic Shipyard of the Philippines has been awarded a contract from Shell Philippines Exploration to build a Depletion Compression Platform (DCP) to support the recovery of natural gas from the Malampaya gas field near Palawan Island, in the Philippines.

When completed, the DCP will be deployed next to an existing shallow water production platform. The DCP is designed to maintain the current availability and deliverability of natural gas from the Malampaya field through regulating the gas export pressure and flow rates.

While over in the Netherlands, Keppel Verolme has secured a contract from its repeat customer Heerema Marine Contractors Nederland for the drydocking survey of the deepwater construction vessel (DCV) Balder. One of the largest crane vessels in the world, Balder measures 154 metres (m) in length and 86m in width, and is capable of lifting 6,300 tonnes.

The yard’s work scope for this project includes the painting of the hull, bracings and cranes. It will also undertake steel renewals, as well as the maintenance and repairs to the tanks, including piping and conservation works. The vessel is expected to be delivered in 1Q2013.

Keppel Subic Shipyard will be responsible for the fabrication of the entire DCP, integration of the topside modules as well as the fabrication of the link bridge connecting the DCP to the shallow water platform. The DCP comprises gas compression facilities mounted on a barge deck, supported by four tubular legs on base footings.

Mr Michael Chia, Managing Director (Marine) said  that with a 1,500 tonne gantry crane, various other cranes and worksite facilities which are being set up in conjunction with this project, the yard is able to take on more onshore and offshore fabrication projects as well as handle conversion work for Floating Production Storage and Offloading (FPSO) vessels, including the fabrication of topside modules.

“Keppel Shipyard in Singapore, which has experience in offshore production modules, is supporting Keppel Subic Shipyard on its work scope.”

Development of the DCP forms Phase 3 of the Malampaya Deep Water Gas-to-Power project, which is jointly undertaken by government agencies and private companies. The Philippine Department of Energy leads in this project, and is supported by a consortium comprising the Malampaya project operator, SPEX, and its joint venture partners, Chevron Malampaya LLC and the Philippine National Oil Company-Exploration Corporation (PNOC-EC).

 Another project recently completed by Keppel Verolme for HMC was the life extension of the DCV Thialf, HMC’s largest such unit. Over the years, Keppel Verolme has undertaken several major projects for HMC.

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