Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages
By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...
Keppel Offshore & Marine announced Tuesday two new contracts from global customers totaling US $240 million. The contracts, made through Keppel’s through its wholly-owned subsidiaries in Singapore, include building a new multi-purpose dive support construction vessel for SBM Offshore as well as modifying and upgrading a Floating Production Storage and Offloading (FPSO) vessel for Petrofac.
DSCV Vessel for SBM Offshore
Keppel Singmarine will build for SBM Offshore a prototype multi-purpose dive support construction vessel (DSCV) scheduled for delivery in 2Q 2013. This cutting-edge vessel combines capabilities of diving support, subsea construction and anchor handling, and features a DP III (Dynamically Positioned) system.
The DSCV will be equipped with a fully integrated 12-men saturation diving system that enables divers to work safely up to a depth of 300m, and a 250-tonne crane to support subsea oilfield development. It will also feature a 200-tonne double drum winch, four chain lockers and a stern roller for anchor handling functions.
Since 2000, sister company Keppel Shipyard has completed 13 FPSO and FSO projects for SBM Offshore with another four FPSO conversion projects currently underway.
FPSO project for Petrofac International
Keppel Shipyard has also secured a fast-track project for the upgrading of a FPSO vessel from Petrofac International (UAE) LLC, a subsidiary of Petrofac. The upgrading of the ex-FPSO East Fortune includes refurbishment and life extension works, engineering, fabricating, installing and integrating new topside process modules, upgrading of spread mooring and auxiliary support systems.
Work has commenced in 1Q 2011. Designated for an oil and gas field offshore Peninsular Malaysia, this FPSO facility will be able to handle both oil and gas production.
Join the 68,457 members that receive our newsletter.
Have a news tip? Let us know.