02.07.2009
Keppel
Offshore & Marine Ltd (Keppel O&M) has secured contracts worth
SGD 30 million (US$20.7 million) through its overseas subsidiaries for
the upgrading and repair of three vessels.
Keppel O&M CEO Tong Chong Heong said, "Keppel O&M's network
of yards in the key markets, coupled with their strong execution
capabilities and quick turnaround, continue to advance the Group as the
choice partner for the repair, upgrading and completion of rigs
anywhere in the world. "
"We are pleased that our customers Diamond Offshore, China Oilfield
Services Limited and Noble Drilling affirm this by returning to our
global yards for their needs. With our closely-integrated yards backed
by resources from headquarters in Singapore, we will continue to
deliver projects to our customers' satisfaction."
In the Netherlands, Keppel Verolme clinched a contract with China
Oilfield Services Ltd. (COSL) for the repair and upgrade of a semi
accommodation unit COSLRival, formerly known as Port Reval.
The unit arrived in May 2009 and has been docked in the 500,000 dwt
mammoth dry-dock for general class renewal surveys, inspections,
overhauls and repairs. The work scope includes the upgrading of
electrical switchboards, piping systems and then overhauling of marine
equipment as well as deck crane reinforcement.
COSLRival is the third accommodation support unit for Norwegian
waters to arrive in Keppel Verolme for a major overhaul and upgrade.
In Brazil, Keppel FELS Brasil received contracts for the repair and
upgrading of two semisubmersible, Noble Drilling semi Noble Paul Wolff
and Diamond Offshore semi Ocean Yatzy.
The upgrading of Noble Paul Wolff includes the renewal of piping
systems, anodes in tanks and steel work. Leased by Petrobras from Noble
Drilling, the rig will return to work in offshore Brazil after repairs
in the BrasFELS yard. Noble Paul Wolff is the second Noble vessel in
the BrasFELS yard after the arrival of Noble Dave Beard in May 2009 for
mechanical completion.
Ocean Yatzy will have structural repairs carried out on a lifeboat
platform, stability column and helideck as well as several piping and
steel deck renewal works.
Keppel Verolme and Keppel FELS Brasil are wholly owned subsidiaries
of Keppel Corporation, through Keppel O&M. Keppel O&M has 20
yards worldwide.
The contracts are not expected to have material impact on the net
tangible assets or earnings per share of Keppel Corporation for the
financial year ending Dec. 31, 2009.
Source: Energy Current