Keppel Offshore & Marine secures $181m in FPSO contracts – Splash247

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Keppel Offshore & Marine secures $181m in FPSO contracts - Splash247


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Singapore’s Keppel Offshore & Marine (Keppel O&M), via its subsidiary Keppel Shipyard, has bagged new offers price round S$250m ($181m) for the mixing of two floating manufacturing storage and offloading vessels (FPSOs).

The primary contract is between Keppel Shipyard and BW Offshore to hold out the mixing work on a newbuild FPSO. This follows the letter of award introduced final November. The deal will see Keppel Shipyard liable for the set up and integration of about 43,000 tons of topside modules, deck gear and the turret mooring system, in addition to completion and commissioning assist for BW Offshore. The FPSO hull ought to arrive in Singapore in mid-2023, with supply set for the second half of 2024.

The second contract is with Netherlands-based floater specialist Single Buoy Moorings (SBM), in addition to a joint-venture firm between SBM and McDermott for the fabrication, set up, and integration of topside modules for an FPSO venture. The yard can even assist SBM with pre-commissioning and commissioning work. Work is anticipated to start within the second half of 2022 forward of the FPSO hull’s arrival within the yard in 2023, with supply scheduled for the second half of 2024.

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