Singapore's Keppel Corp unit wins ship conversion contracts worth 100 mln sgd

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

28 Sep 2007

Industrial conglomerate Keppel Corp said Wednesday its unit Keppel Shipyard Ltd was awarded two ship conversion contracts from repeat clients worth a combined 100 million Singapore dollars. The first contract, awarded by Prosafe Production Pte Ltd, is for the conversion of a tanker into in floating production storage and offloading (FPSO) facility, expected to be completed by late 2008. The second contract is for a floating storage and offloading conversion for Perenco SA Perenco, expected to be completed by the first quarter 2008.