Keppel Offshore & Marine on Monday said its unit Keppel FELS Brasil and Keppel Shipyard secured projects worth S$130 million from repeat customers, Petrobras and SOFEC Inc.
Keppel FELS Brasil's BrasFELS shipyard has secured hull carry over work for the Floating Production Storage and Offloading unit P-69 from Tupi BV, which is represented by Petrobras.
The additional work scope on P-69 includes the installation of equipment and cables for the hull as well as the commissioning of marine systems, the company said in a regulatory filing.
BrasFELS was initially contracted to undertake the fabrication, integration, testing and commissioning of the topside modules for P-69.
P-69 is scheduled to depart BrasFELS in 2018 for the Santos Basin pre-salt region, Keppel said adding that when delivered, it will have a production capacity of 150,000 barrels of oil per day.
Keppel Shipyard's contract from SOFEC is for the fabrication of a Turret Mooring system for a newbuild Floating Liquefied Natural Gas vessel bound for the Coral South FLNG Project in offshore Mozambique.
Fabrication is scheduled to commence in 1Q 2018 with delivery of the turret components expected in the first quarter of 2020.
The above contracts are not expected to have a material impact on the net tangible assets or earnings per share of Keppel Corp for the current financial year, the company said.
