(EnergyAsia, December 30 2011, Friday) — Singapore’s Keppel Offshore & Marine Ltd secured a record of S$10 billion worth of orders from the offshore oil and gas sector. (US$1=S$1.3).

Yesterday, the company signed off on its last orders for the year totalling S$150 million through its subsidiaries, Keppel Singmarine Pte Ltd and Keppel Verolme BV, to push its combined orders for 2011 to S$10 billion.

Keppel Singmarine, Keppel O&M’s specialised shipbuilding division, secured contracts for building a 91-metre container vessel and three 4000 DWT bulk ore/fuel carriers for Papua New Guinea customer Ok Tedi Mining Limited while Keppel Verolme, Keppel O&M’s yard in the Netherlands, is upgrading a semisubmersible drilling rig, Scarabeo 6, for Italy’s Saipem Misr for Petroleu Services SAE.

Chow Yew Yuen, Keppel O&M’s managing director, said:

“With these contracts, our new orders for the year-to-date have reached a record high of some S$10 billion, with deliveries extending to 2015. It reflects the confidence of global customers in the capabilities of our yards across the Keppel O&M group. We have established a solid track record of successfully completed projects and we intend to maintain this by executing our orders to the satisfaction of our customers.

“With a network of yards around the world, we are proud to be able offer a variety of services to customers wherever they are. We will continue to strengthen the partnership with repeat customers like Saipem and gain the trust of new customers like Ok Tedi Mining.”

The container vessel to be built by Keppel Singmarine is capable of loading 3,000 tonnes of copper concentrate or carrying 236 TEU (twenty-foot equivalent unit) of containers. In addition, the three 4000 DWT bulk ore/fuel carriers that Keppel Singmarine will be building, will each be able to carry a minimum of 4,000 tonnes of copper concentrate or 1,900,000 litres of bulk diesel fuel.

The vessels are scheduled for delivery in the second quarter of 2013.

In the Netherlands, Keppel Verolme will upgrade and maintain the semisubmersible drilling rig, Scarabeo 6. The vessel is expected to arrive at the yard in 2Q 2012 for a period of six months.

Work on the rig includes upgrading its drilling capabilities to a water depth of 1,200 metres, the prefabrication and installation of various deck extensions, and the renewal of traction winches, cable spooling winches and double riser tensioners.

A new storage area for risers will be constructed and new sponsons and blisters will be installed to accommodate the new winches as well as enhance buoyancy and stability. The maintenance programme will include refurbishment of the accommodation.