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.

- Advertisements -

Most Popular

Delfin plans to take FID on first floating LNG producer in Q2

Delfin Midstream, the developer of a floating LNG export project in the Gulf of Mexico, is expecting to take...

QatarEnergy and ExxonMobil update on Golden Pass LNG work

QatarEnergy and ExxonMobil continue to make progress in building their $10 billion Golden Pass LNG export plant on the...

ExxonMobil working on larger Rovuma LNG export project in Mozambique

US energy giant ExxonMobil has boosted the capacity of the planned Rovuma LNG onshore terminal in Mozambique and is...

More News Like This

Van Oord christens second LNG-fueled dredger in Rotterdam

Dutch marine contractor Van Oord has christened its second LNG-powered trailing suction hopper dredger, Vox Apolonia, in Rotterdam. During a...

FueLNG and NYK complete first LNG bunkering of PCTC in Singapore

FueLNG, a joint venture consisting of Shell and Keppel Offshore & Marine, and Japan's shipping giant NYK have completed...

Keppel O&M hands over second LNG-fueled dredger to Van Oord

Singapore’s Keppel Offshore & Marine has delivered the second out of three LNG-powered trailing suction hopper dredgers to Dutch...

N-KOM, Gabadi ink LNG tank repair pact

Qatar-based shipyard N-KOM, a joint venture of LNG shipping giant Nakilat and Singapore’s Keppel Offshore & Marine, is teaming...