General – Keppel
Keppel Offshore & Marine Singapore has been awarded contracts worth around S$250 million for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the jumboisation of two Trailing Suction Hopper Dredgers (TSHD).

For the first contract, Keppel Shipyard has received the Final Notice to Proceed (FNTP) from GAS-fifteen for the Engineering Procurement Construction (EPC) conversion of a Liquefied Natural Gas (LNG) Carrier into an FSRU.
The second contract is between Keppel Shipyard and MODEC Offshore Production Systems (Singapore) for the installation and integration of topside modules on board the Bacalhau FPSO.
The yard’s scope of work will also include the fabrication of a flare tower and two crane pedestals, the assembly and installation of two deck cranes, as well as completion and commissioning support for MODEC.
The hull of the FPSO is expected to arrive in Singapore in 2H 2022, with delivery scheduled for 2H 2023. Upon completion, the FPSO will be deployed to serve in the Bacalhau field located in the Santos Basin, offshore Brazil for Equinor and its field partners.
The FPSO will be a newbuild based on Modec M350 FPSO design.