Keppel gains foothold in Mexican offshore market with US$164 million contract

abarrelfullabarrelfull wrote on 26 Jul 2012 05:58

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The Keppel SLP Consortium has won a US$164 million contract to build two accommodation platforms in an international tender by PEMEX Exploración y Producción (PEP), a subsidiary of Petróleos Mexicanos (PEMEX), Mexico’s national oil company.

The Keppel SLP Consortium comprises four partners, namely Keppel Offshore & Marine USA Inc (Keppel O&M USA), SLP Engineering Ltd, Keppel AmFELS Inc and Gulf Island LLC. Keppel Offshore & Marine (Keppel O&M) will have 60% share of the consortium through its subsidiaries Keppel O&M USA and Keppel AmFELS.

Keppel O&M USA and SLP Engineering will together undertake project management, design & engineering, procurement, hook-up and commissioning of the platforms.

Keppel AmFELS will build the accommodation modules while Gulf Island will fabricate the jackets, piles and deck leg modules. Installation of the jackets and platforms will be undertaken by PEP.

“In Keppel O&M’s near market, near customer strategy, our Keppel AmFELS yard in Brownsville, USA, is well positioned for opportunities to service the Mexican offshore oil and gas market.

“Keppel AmFELS delivered the jackup drilling rig, TONALA, a KFELS B class, to Perforadora Central for service with PEMEX, earlier this year. With this latest contract, we are glad that we are gaining a foothold in this important market,” said Mr Tong Chong Heong, Managing Director & Chief Operating Officer of Keppel Offshore & Marine and Chairman of Keppel AmFELS.

The accommodation platforms, to be called HA-KU-S and HA-KU-M, are to be installed in the Ku-Maloob-Zaap field in the Bay of Campeche, Gulf of Mexico, by third quarter of 2006.

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