Keppel Shipyard is SBM's preferred yard in FPSO conversions

abarrelfullabarrelfull wrote on 24 Jul 2012 12:23
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01-July-2002

Keppel Shipyard, the wholly owned subsidiary of Keppel Corporation Limited (KCL) through Keppel Offshore & Marine Ltd (Keppel O&M), has been chosen as the preferred shipyard in the Far East for the conversion of Floating Production Storage and Offloading facilities (FPSOs) for Single Buoy Moorings Inc (SBM).

This follows SBM’s satisfaction with Keppel’s performance and safety record in the two FPSO conversions for them in 2000. This was disclosed by Mr Choo Chiau Beng Executive Director of KCL and Chairman & CEO of Keppel O&M, at a ceremony to celebrate the successful completion of an FPSO for SBM, the owner and operator of the largest fleet of FPSO/FSOs.

At the ceremony at Keppel Shipyard on 28 June 2002, the FPSO was named FPSO Falcon. It is built for SBM’s client, ExxonMobil, and will be deployed to the Yoho field off the coast of West Africa.

Said Mr Didier Keller, CEO of SBM, “FPSO conversions are highly complex, and we are pleased to find in Keppel Shipyard a yard with a special attitude and expertise to work hand in glove with us to deliver high quality facilities on time every time. FPSO Falcon is a product of this close partnership.”

Mr Choo said, “We have demonstrated to SBM our commitment and ability to deliver on our promise despite extremely tight schedules and complex requirements.

“We started with Falcon in June 2001, and we are now working on Amazon Eagle which sailed into Keppel Shipyard in May 2002. We are determined to continue to strengthen our partnership with our valued clients.”

This partnership with SBM goes beyond Keppel Shipyard’s efficient execution of the FPSO conversions to a commitment to enhance safety and quality of the yard.

“I am glad that SBM and their client have representatives in our Safety Steering Committee which oversees a comprehensive safety programme in all our facilities in Tuas, Benoi and Gul yards. Irrespective of whether the yard activities are related to them, they are committing themselves to share their expertise and to support us in our pursuit of the ultimate goal of an injury and illness free work environment. This has been very encouraging for us at Keppel Shipyard,” added Mr Nelson Yeo, Executive Director of Keppel Shipyard.

Presently, the yard is carrying out work on two FPSOs for SBM. One of these is the fast-track conversion of the 256,712 dwt FPSO Brasil, which will soon be deployed offshore Brazil for Petrobras. The other conversion project is the 307,431 dwt tanker Amazon Eagle.

“In the oil and gas industry, stringent safety and quality standards are essential, and I am glad that our clients have confidence in Keppel Shipyard’s capability to meet these requirements even in fast track projects,” said Mr Yeo.

The conversion of the FPSO Falcon by Keppel Shipyard, estimated at S$100 million, began in June 2001. It underwent a full refurbishment for life extension, the installation of new topside gas and water injection facilities, process and separation equipment and a turret that allows weathervaning and tandem berthing of the export vessels.


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