In a filing to the Singapore Exchange, Keppel said that the contract was placed by Modec & Toyo Offshore Production Systems Pte. Ltd., a joint venture company established in Singapore by Toyo Engineering Corp. (6330.TO) and Modec Inc. (6269.TO).
The vessel is scheduled to be completed by the second quarter of 2014.
– P.R. Venkat, Dow Jones Newswires