Keppel wins $114m conversion contracts
Singapore"s Keppel Shipyard has won two contracts totaling S$160m ($113.9m) to convert a floating production storage and offloading vessel for Single Buoy Moorings and a livestock carrier for an offshoot of Jordan"s Hijazi & Ghosheh.
The 1984-built, 17,090 dwt livestock carrier Merlion Ace was sold as a car carrier last December by Singapore Shipping to the Jordanian company.
Keppel Shipyard managing director Nelson Yeo said the conversion of the very large crude carrier Bauhinia into a FPSO was the shipyard"s 15th project from Single Buoy Moorings.
He added: ?Hijazi & Ghosheh, a major livestock carrier owner and operator has also returned to us to convert a second livestock carrier.?
Work on the FPSO is expected to start by June and, when completed by September 2011, the vessel will be installed at the Block I oil field at Aseng offshore of Equatorial Guinea.
The scope of the conversion includes refurbishment and life extension works, extending the accommodation block, the fabrication and installation of a flare tower and an internal turret and topside module supports, together with the installation of topside modules.
Work on the livestock carrier, which will be renamed Ghena, includes design engineering, procurement of major equipment, modification of the ship structure and piping and electrical systems. Completion is in the third quarter of this year when the ship will be deployed between Australia and the Middle East.
The Merlion Ace conversion follows work on the livestock carrier Maysora in 2001.