Keppel says wins FSRU conversion contract

Singapore’s Keppel Offshore & Marine said it has secured a contract to convert one LNG carrier into a floating and regasification unit (FSRU).

Keppel Shipyard, a unit of Keppel Offshore & Marine, has signed a limited notice to proceed with a global provider of LNG shipping services, according to a statement on Thursday.

Under the contract, the yard would start early works on converting the LNG carrier into an FSRU.

The scope of the contract includes engineering work commencing in the fourth quarter this year, while Keppel Offshore & Marine expects the full notice to proceed for the remainder of the work within the first quarter of 2022 when the project reaches final investment decision.

Keppel Offshore & Marine did not provide any additional information regarding this order.

Besides this contract, Keppel Shipyard has received a letter of award from BW Offshore, a unit of Singapore-based gas giant BW, to undertake the integration work on a newbuild FPSO.

The total value of the two projects would reach around S$200 million ($146.2 million), including the full notice to proceed for the FSRU contract, Keppel Offshore & Marine said.

Keepel Shipyard has earlier this year completed the conversion of the 137,000-cbm BW Tatiana FSRU for BW LNG, a unit of BW, and US-based Invenergy.

This FSRU arrived at its new home at the Port of Acajutla, El Salvador, last month.

Most Popular

Woodside appoints new Tellurian directors

Woodside said on Wednesday it had acquired all issued and outstanding Tellurian common stock for about $900 million cash,...

Construction ramping up on Golden Pass LNG project

Golden Pass LNG released a project update via its social media on Monday. "In Sabine Pass, Texas, construction is ramping...

Inpex restarts second Ichthys LNG train

"I can confirm that Train 2 restarted operations on October 9," the spokesman said. Inpex said on August 22 that the second...

More News Like This

Singapore’s FueLNG completes 200th STS bunkering operation

Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium, has completed its 200th ship-to-ship (STS) LNG bunkering operation. FuelLNG...

Singapore’s FueLNG completes 150th STS bunkering operation

Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium, has completed its 150th ship-to-ship (STS) LNG bunkering operation. FuelLNG...

Seatrium wins LNG carrier contracts from BP, Seapeak

Singapore's Seatrium has secured LNG carrier upgrade and repair contracts from Seapeak and BP's shipping unit. The group, previously known...

Singapore’s FueLNG wraps up 100th STS bunkering op

Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium Offshore & Marine, has completed its 100th ship-to-ship (STS)...