om08_01

MICA (P) 062/05/2007January 2008

A publication of Keppel Offshore & MarineMICA (P) 062/05/2007January 2008

OffshoreConverting the world’sfirst FDPSO

Outfitting a Voyageur

MarineDelivering seaworthySEAWAYS 12

Sailing-away ofFPSO Armada Perkasa

OffshoreConverting the world’sfirst FDPSO

Outfitting a Voyageur

MarineDelivering seaworthySEAWAYS 12

Sailing-away ofFPSO Armada Perkasa

Keppel O&M celebrating five fulfillingyears

2nd Scorpion rig – An eminent Defender

Keppel O&M celebrating five fulfillingyears

2nd Scorpion rig – An eminent DefenderNov/December 2007 17/1/08, 12:00 PM1

2 OffshoreMarine November/December 2007

A tribute to Sim Kee Boon Page 21

P-52 strikes first oil Page 10

Editorial AdvisorChoo Chiau Beng

EditorLai Ching Chuan

Assistant EditorSarah Seah

Sub EditorGayathri Prakash Nair

Committee membersMichael Chia, Nelson Yeo, Hoe Eng Hock,Dr Foo Kok Seng, Aziz Merchant,Jaya Kumar, Quek Mong Song, David Loh,Chin Sze Kiun, Cindy Lim

ContributorsAlan I. Claveria, Andrew Ong, Diana Chan,Grace Chia, Harold Linssen, Ivana Chua,Lee Yin Chiin, Lucienne de Jong, Roy Tan

OffshoreMarine is a bi-monthly publication ofKeppel Offshore & Marine Ltd50 Gul Road, Singapore 629351Tel: (65) 6863 7200Fax: (65) 6261 7719/6265 1927

Company registration no. 199900642R

Editorial Board

F E A T U R E S

Keppel Verolme secures major contracts 5

Defender of distinction 6

Making the ENSCO semisubmersibles 8

Regency Steel enhances production by 11acquiring critical equipment

P-53 heads for new home 12

Dry tree floaters 14

Keppel Shipyard wins best shiprepair yard award 25

Keppel O&M takes ACTIVE-ity seriously 27

Keppel O&M turns five! Page 16

Nov/December 2007 17/1/08, 12:00 PM2

OffshoreMarine November/December 2007 3

K eppel FELS has been awarded acontract by returning customer,Floatel International Ltd (Floatel) for

a 500-men accommodation semisubmersible(semi) vessel. It is expected to be delivered byend December 2010.

The new accommodation semi, the KFELSSSAU 3600, has been designed to operate inregions outside the North Sea. It is the secondcontract from Floatel. The first was a newgeneration DSS20NS DP3, designed to suit theharsh conditions of the North Sea, awarded toKeppel FELS in April this year.

“The world’s demand for semisubmersibleaccommodation vessels is presently strongerthan the current dedicated fleet of 19 units cansatisfy. Floatel is positioning itself to leveragethis attractive market opportunity with a newfleet of customised vessels suited to variousoperating conditions,” said Erland Bassoe,Chairman of Floatel.

“Keppel FELS has proven to be the most reliableand versatile shipyard. I am confident that theyare the right partners to support Floatel in ourfleet expansion programme,” he said.

“Floatel has given us their vote of confidencewith the award of a second accommodation rigcontract in a span of less than six months. Thisis a partnership built on trust, and we will seeto it that Keppel delivers quality solutions ontime and within budget to meet the needs ofour valued customers,” said CH Tong, MD/COOof Keppel O&M.

Designed by Keppel O&M’s DeepwaterTechnology Group, the six-column unit carriesaccommodation for 500 persons complete withfull recreational facilities. It is cost effective andcapable of operating alongside fixed platforms,

Another order for floatingaccommodation platforms

complemented by a fully redundant DynamicPositioning System, a high crane capacity andfire fighting capabilities.

In 2005, Keppel FELS delivered Safe Concordia,an accommodation semi of similar design tosimilar specifications for 400 persons.

Floating accommodation platforms are neededto provide additional living quarters for drillingand production personnel. Such support isneeded during hook-up and commissioning inthe development phase, for maintenance andupgrading during the production phase, as wellas for decommissioning.

“As more E&P activities move further offshoreand into deeper waters, we expect demand forfloating accommodation units to beencouraging,” said CH Tong.

Built to the similar design of Safe Concordia, the second accommodationsemi built for returning customer Floatel will be home for up to 500 men

Nov/December 2007 17/1/08, 12:01 PM3


World’s first Floating Drilling andProduction facility

All hands on deck when it comes to keeping safety records on Azurite

K eppel Shipyard was recentlyawarded a conversion contract,worth around S$100 million

by Prosafe Production Pte Ltd (Prosafe)for the conversion of a tanker into aFloating, Drilling, Production, Storageand Offloading facility (FDPSO). Thiswill be the world’s first convertedFDPSO.

Keppel Shipyard has started theconversion of a Very Large Crude Carrier(VLCC) size tanker into an FDPSOconstructed with a moonpool used fordrilling purposes. It will have the drillingpackage modules and derrick integratedinto the FDPSO. The provision of thedrilling packages will be by Prosafe’sclient.

Work on the vessel is expected to becompleted by late 2008.

Nelson Yeo, ED of Keppel Shipyard said,“We are excited at the prospect of buildingthe world’s first FDPSO for our long-timecustomer Prosafe. The FDPSO conceptrepresents a cost-efficient solution fordrilling and producing in deepwaterfields.”

When completed, the FDPSO will havean oil storage capacity of about 1,300,000bbls. Its gas compression capacity will be18 MMscfd and its production capacitywill be 40,000 bopd.

Meanwhile, the more than 1100 pairs ofhands working on the Azurite FDPSOsuccessfully helped the project reach a safetymilestone of one million-man hours workedwithout any lost time incident (LTI).

The safety habits adopted by all thoseworking on Azurite ensured that everyoneof the 1100 employees working on this

project not only kept themselves safe buttheir colleagues as well.

Abu Bakar, GM (Operations) of KeppelShipyard praised the teams involvedsaying, “The excellent cooperationbetween Prosafe and Keppel Shipyard hasbeen essential to this achievement. Keyto this open communication and closepartnership is trust and confidence.Having worked on eight previous projectstogether over the last 10 years, I thinkI can safely say that we complement eachother very well.

“On this project, together with oursubcontractors, we made sure that weinvolved all our contractors in the safetyaspects of the work from the safetybriefings to the area walks. As we all know,this is a very busy period and this makesour safety achievement even moreremarkable.”

Nov/December 2007 17/1/08, 12:01 PM4


Keppel Verolme securesmajor contracts

Sevan Hummingbird has been delivered to a happy customer

K eppel Verolme BV has securedtwo significant contracts on theback of an upsurge of offshore

activities in the North Sea.

Of the two new contracts, one is a repeatorder for the outfitting of a FloatingProduction Storage and Offloading(FPSO) facility, Sevan Voyageur, for SevanProduction AS. Work is expected to becompleted in the summer of 2008.

This is the third cylindrical FPSO facilitythat Keppel Verolme is carrying out worksfor the same owner. The vessel has an oilstorage capacity of 300,000 bbls, with anoil process capacity of 30,000 barrels/dayand a water injection capacity of 20,000barrels/day.

The world’s first cylindrical FPSO facility,Sevan Piranema, was completed in KeppelVerolme in January 2007. The secondunit, Sevan Hummingbird, also completedby Keppel Verolme, was deliveredrecently. In all three projects, KeppelVerolme’s scope of work entails theoutfitting of marine and processequipment and final completion of allworks for the facility at its location, withthe hulls built in China.

Harold Linssen, Managing Director ofKeppel Verolme said, “We are very flexiblein our approach to business and our focusis on the creation of added value forcustomers.

“One of our business models is to offerproject management services for a project.We provide customers with value-addedservices in managing costs and project-execution issues such as scheduling andassessing risks. This model is favoured bynew asset-developing and asset-owningcompanies in Europe looking for

dock for its first time in her 20-yearslifespan.

Keppel Verolme will renew the hullcoating system and carry out maintenanceworks to the underwater equipment, suchas the thrusters, overboard valves, quickballasting system and the impressedcurrent system. Work on Saipem 7000 isexpected to be delivered in first quarter2008.

Saipem Group is a subsidiary of Eni, anItalian oil and gas industry contractor. Itis a leader in the provision of engineering,procurement, project management andconstruction services.

experienced and flexible yards to workwith. This model is welcomed by SevanMarine which has created the market’sfirst three cylinder-shape FPSOs.”

Sevan Production AS is a subsidiary ofSevan Marine ASA which is an offshoretechnology company specialising in floatingproduction and storage of oil and gas.

The second contract that Keppel Verolmehas secured is for the drydockingof Saipem 7000, a semisubmersible craneand pipelaying (J-lay) DP vessel forSaipem S.p.A.

Saipem 7000 is the world’s second largestcrane vessel with lifting capabilities ofup to 14,000 tonnes. On 11 December,the Saipem 7000 was successfullydrydocked in Keppel Verolme’s mammoth

Nov/December 2007 17/1/08, 12:01 PM5


K eppel AmFELS delivered thesecond jackup drilling rig toScorpion Offshore (Scorpion) on

time and within budget.

The rig was christened Offshore Defenderby Brenda B. Harvey, wife of Scorpion’sDirector, Michael L. Harvey, at the KeppelAmFELS yard on 10 November 2007.

Offshore Defender is headed for Brazilwhere she will fulfill her contractualobligation to Petrobras, the national oilcompany of Brazil.

A newly established drilling company,Scorpion contracted Keppel AmFELS tobuild a fleet of five drilling rigs.Construction of the remaining three isprogressing well on track, and the rigs arescheduled for delivery through 2008 to2009.

In addition to the construction of theScorpion rigs, Keppel AmFELS is

Defender of distinction

Lady Sponsor Brenda Harvey (third from left) christened the Offshore Defender at the Keppel AmFELS yard in Brownsville, Texas on10 November 2007. She is accompanied by (from left) CY Ho, Director of Keppel AmFELS, G.S.Tan, President and CEO of KeppelAmFELS, Michael Harvey, Director of Scorpion, Jon Cole, President and CEO of Scorpion, Mrs Cole, CH Tong, Chairman of KeppelAmFELS, Donny Rials, Project Manager of Scorpion, Oscar Lopez, Project Manager of Keppel AmFELS and Gabe Padilla, Vice-President(Engineering) of Scorpion

currently building a jackup rig each forDiamond Offshore, Atwood Oceanics andPerforadora Central. The yard had alsojust secured an order of four jackup rigsfrom Rowan Companies (see backpage).

Jon Cole, President and CEO of Scorpion,said, “Despite this busy period, theteamwork between Keppel AmFELS andScorpion has resulted in the delivery ofOffshore Defender, one of the finestproducts I have ever seen in the 30 yearsof my career in this industry.”

Building a formidable workforce

A key factor of this achievement is theskilled and well-trained workforce ofKeppel AmFELS.

CH Tong, MD/COO of Keppel O&M,said, “At Keppel, we recognise that anorganisation is only as good as itsemployees. We have been able deliver

high standard products and servicesbecause our people are adequately trainedand equipped.”

CH Tong, who is also the Chairman ofKeppel AmFELS, added, “That is why wecontinuously develop various industrialtraining programmes and schemes at theKeppel AmFELS Training Centre toenhance the skills of our employees.”

In 2007, Keppel AmFELS investedclose to US$3 million for the trainingand development of its workforce.Recognising Keppel AmFELS’scommitment to the training of newand existing employees, the SkillsDevelopment Fund of the TexasWorkforce Commission (TWC) recentlyawarded Keppel AmFELS and four othercompanies a total of US$733,538 for thecreation and upgrading of skill-relatedjobs.

The grant will be used to create or

Nov/December 2007 17/1/08, 12:02 PM6


upgrade jobs for welding, pipe fitting,carpentry, and mechanical, among others.Over 600 workers from CameronCountry in Brownsville, Texas, will benefitfrom the job-training grant administeredby TWC.

Gilbert Elizondo, Vice President (HumanResource) of Keppel AmFELS shared,“Above and beyond talent developmentprogrammes, the senior management ofKeppel also play an active role inpersonally nurturing and getting to knowthe young blood of the company.”

At a recent meet-the-directors sessionon 9 November, young managers hadinformal discussions with the board ofdirectors and senior management onthe company’s on-goings.

Giving back to the community

Apart from providing employment to over1,500 workers, Keppel AmFELS has beencontributing to the overall developmentof Brownsville through its consistentsupport to the educational and welfareorganisations of the community.

It provides training and education for thelocals through its industry-skills trainingprogrammes and scholarships. One sucheffort is the annual Keppel AmFELSCharity Golf Tournament which raisesfunds for charity.

GS Tan, President and CEO of KeppelAmFELS, highlighted, “In 2006, we raisedUS$20,000 for charity. This year, we havequadrupled the amount and it will gotowards the funding of the University ofTexas at Brownsville scholarships. Thesescholarships are for promising high schoolgraduates pursuing engineering andscience degrees.”

The company is also one of the largestcontributors to United Way of SouthernCameron County, a reputable Texas-basedcharity whose primary focus is on fundingprogrammes for youths and equippingadults and families with basic livingnecessities.

For his leadership and support ofeconomic development initiatives

by the city of Brownsville, Ho CheokYuen (CY Ho) earned the BrownsvilleEconomic Development Council(BEDC) Economic DevelopmentLeadership Award. The awardrecognised his excellence andleadership during his tenure asPresident of Keppel AmFELS fromMay 2003 to November 2007.

Brownie pointsKeppel AmFELS is a people orientedorganisation and believes strongly inthe development of their employeesand community, CY Ho has supportedtraining initiatives and on behalf of thecompany contributed scholarshipmoney and led efforts in supportingcharitable organizations.

The award was presented to CY Ho (fifth from left) at a farewell receptionhosted by the BEDC on 25 October

Not only “top-down”

The company’s commitment indeveloping its employees is also sharedby its employees. Literally taking trainingout of the training centre, George Baldree,a welding engineer at Keppel AmFELSwith a passion for welding took it uponhimself on his own time to reach out toany and every school that would listen tohis proposal for a high quality weldingprogramme.

The programme trains students to becomecertified welders by the time they graduatehigh school. This would provide KeppelAmFELS with a pool of highly skilledentry-level welders, which are few and farin between in Brownsville.

Talking about the success of one of hispresentations, George said, “I was up therein front of 25 kids from an agriculturalscience class explaining what welding is

and I told them about the jobs availableand how much you can make as a welder.At the end, nearly every one said theywould want to take a class to becomewelders!”

According to George, there are alreadyseveral students, from the Los FresnosHigh School, who have begun welding atthe Keppel AmFELS training centre andare making their way through theprogramme with flying colours.

In 2004, Keppel AmFELS was presentedthe national flag by State CongressmanSolomon Ortiz as a tribute to the company’spositive impact on society throughimproving the quality of lives of the people.

Located in Brownsville Texas, KeppelAmFELS is one of the best-equippedoffshore yards in the area, servingcustomers operating in the Gulf of Mexicoand internationally.

Nov/December 2007 17/1/08, 12:02 PM7


Making the ENSCOsemisubmersibles

Asian Hercules IIfinishes the derrickinstallation on boardENSCO 8500

A ll eyes were fixed on the mega structurein the sky. Suspended from the AsianHercules II and hanging over the Keppel

FELS yard, the final piece of derrick was slowlymoved into position and installed on board theENSCO 8500 semisubmersible (semi) drilling rig.

The ENSCO 8500 has come a long way since theproject was first awarded to Keppel FELS inSeptember 2005. From two dimensionalengineering drawings, the mammoth rig has slowlytaken form and currently towers over the yard.

The completion of the derrick on 28 Novembersets a new milestone for this project, the first offour such semis Keppel FELS is building for long-time customer ENSCO.

Progress of the other two ENSCO semi projects iswell on track. Both projects under construction at

the Keppel Batangas Shipyard (KeppelBatangas) in the Philippines celebrated theirmilestones of launching and keel laying.

The lower pontoons of the ENSCO 8501 werelaunched at a ceremony attended by the projectteams, representatives from ENSCO, ENSCO’sclients Nexen Petroleum and Noble Energy,American Bureau of Shipping, vendors andsubcontractors on 15 November.

Keppel Batangas delivered the pontoons in2.4 million manhours without loss timeincident. They were towed to the Keppel FELSyard in Singapore for further works such as thecompletion of the lower hull and mating withthe upper deck.

Philip Jeff Saile, Executive Vice President ofENSCO, said, “The fine product I see is a resultof all your effort. There has been a lot of workgoing on around here but you have managedto improve the product and your facility. I amvery proud to be associated with you guys, Greatjob everybody. This is really outstanding.”

Although 1 November was a national holidayin the Philippines, the project teams at KeppelBatangas put in extra time to mark the keellaying milestone for ENSCO 8502.

The project is the fifth offshore rig fabricationproject undertaken by Keppel Batangas and thethird project for ENSCO since it ventured intothe offshore marine fabrication industry in2006.

Yeo Yue Ngiap, Keppel FELS’ Senior ProjectManager for all the ENSCO semi projectscongratulated the project teams that madethis milestone possible. He said, “Theachievements we have made for the ENSCOprojects are testament of our Can Do! attitudein keeping our promise to deliver all projectson time, within budget and with high qualityand safety standards. Keep up the good work!”

Nov/December 2007 17/1/08, 12:02 PM8


Saluting SEAWAYS 12

O n the evening of 30 November 2007, KeppelSingmarine celebrated a significant milestone withcustomer Seaways International Pte Ltd (Seaways).

SEAWAYS 12, the first of two 100T Bollard Pull AnchorHandling Tug was delivered to its proud owners.

Keppel Singmarine delivered the first vessel to Seaways aheadof schedule and with no compromises on safety and quality.The second vessel has also maintained a good safety recordand construction is progressing well on track.

Hoe Eng Hock, ED of Keppel Singmarine said “We signedthe first contract to build a new anchor handling tug inDecember 2005. One year later, Keppel Singmarine wasawarded with the second contract to build a repeat vessel.”

SEAWAYS 12 surpassed expectations during the sea trials. Itachieved a bollard pull of 112 tonnes during sea trials, againstits contractual design of 100 tonnes bollard pull. It alsosurpassed the contractual speed of 13 knots to achieve 14.75knots per hour.

SEAWAYS 12 shipshape and seaworthy – Toh Ko Lin (Senior GMCommercial, Keppel Singmarine), Charles Foo, Mr Arun Varma,Director of Seaways International, Arun Varma , Lady SponsorMrs Nijhawan, Capt Ashish Nijhawan, Hoe Eng Hock, ED of KeppelSingmarine and Capt. Shardul Sadhale, GM of Seaways International

Armada sets sail

Olatunde Emmanuel Odusina (3rd from left),Minister of State for Energy (Gas), Nigeria, andrepresentatives from AFREN Nigeria, BumiArmada Berhad, AMNI and Keppel, launchingthe sail-away of FPSO Armada Perkasa

K eppel Shipyard hascompleted the upgrade andmodification of FPSO

Armada Perkasa for repeat customerBumi Armada. A ceremony was heldfor the sail–away of the vessel for itsdeployment in the Okoro Setu Fields,Nigeria.

Gracing the occasion was OlatundeEmmanuel Odusina, Minister of Statefor Energy (Gas), Nigeria.

Hassan Basma, Chief Executive ofBumi Armada commented, “We aredelighted to have completed a quickrefurbishment programme on theArmada Perkasa. Keppel Shipyardwhich has previously worked on the

vessel, was instrumental in achievingthe fast-track timeline.”

Keppel Shipyard first converted thevessel in 1997, which subsequentlyreturned for refurbishment, lifeextension and repair prior to itscurrent upgrade. This includesinstallation of additional fieldequipment and modification of FPSOand shipboard systems.

Tong Chong Heong, MD/COO,Keppel Offshore & Marine said, “Weare confident that the FPSO has beenrefurbished to the highestspecifications and are pleased to haveachieved another successful deliveryof the Armada Perkasa.”

Nov/December 2007 17/1/08, 12:03 PM9


Striking Black Gold

‘Gold fingers’ – Petrobras’ Director of Exploration and Production,Guilherme Estrella getting a handful as P-52 strikes first oil

The Keppel-built production platform,P-52, has struck its first oil for Petrobrasin November 2007, at the Roncador

field. The 180,000 bopd production capacityis slated to reach an output of up to50,000 bopd by year-end, and likely willreach its peak output by mid-2008.

In September, Petrobras produced 1.769million barrels of oil in Brazil. Its overallBrazilian and overseas oil and gas output was2.28 million barrels of oil equivalent.

Keppel is currently constructing the P-51and P-56 production platforms for Petrobras.

I t was a month of double celebrationat Keppel FELS when two projectsmarked their first construction

milestones on the same day, 1 December2007.

Greatdrill Chitra, a KFELS B Class jackupdrilling rig for customer Greatship GlobalEnergy Services (Greatship), and the firstfloating hotel (floatel) Keppel FELS isbuilding for Floatel International strucksteel.

Striking similarityThe entire construction of Greatdrill Chitrais being carried out at the Keppel FELSyard in Singapore. Initial works for thefloatel, such as the fabrication of thepontoons is being done at KeppelBatangas Shipyard in the Philippines.When completed, the pontoons will bebrought to Singapore, together with thecolumns that will be fabricated in China,for integration with the upper hull.

The new generation floatel is being builtto the DSS20 NS DP3 design. The designwas co-developed by Keppel’s R&D arm,Deepwater Technology Group and theNetherlands based Marine StructureConsultants. The flotel will be deliveredin the second quarter of 2010 and willmeet the most stringent rules andregulations for worldwide operationincluding those of the Norwegian NorthSea sector.

Jubilation at the strike steel of Greatdrill Chitra inSingapore

Floatel’s first accommodation semi strikes steel in Keppel BatangasShipyard in the Philippines

Nov/December 2007 17/1/08, 12:03 PM10


In a bid to meet the growing demands ofthe offshore and marine industry, KeppelO&M’s wholly-owned subsidiary, Regency

Steel Japan (RSJ) has enhanced its productionfacilities with the addition of critical steelfabrication equipment.

The commissioning of the new equipment tookplace on 6 November 2007. The equipment,which include a 10,000-tonne press, a heatingfurnace and a quenching bath, add to RSJ’scapabilities.

With the additional resources, RSJ is able toperform the entire manufacturing process forcritical components of a jackup rig.

CB Choo, Chairman & CEO of Keppel O&Msaid, “This is an important milestone for RSJ.The company has been a great success from the

Equipped for greater challengesvery beginning with its cost effective facilitiesand experienced workforce. With the additionof the new equipment, it is a great moralebooster for our people in RSJ.”

Looking ahead, RSJ’s next milestone is toincrease production efficiency, cost effectivenessand project revenue.

The company is a manufacturer of large, high-quality steel structures for international anddomestic markets. These structures are used inthe construction of high-strength structures,new steelmaking facilities and nuclear powerplants. Some of the structures that RSJmanufactures for the offshore and marine sectorinclude cylindrical columns and drums, turretshafts and the shells for liquefied gas tanks onships.

Impressing the crowd with its pressing capability at the commissioning ceremony was the new 10,000 tonne pressin the background as it shaped and formed steel structures from heated steel plates

Nov/December 2007 17/1/08, 12:03 PM11


A fter two years, two months and two days,the Floating Production Unit (FPU),PETROBRAS-53 (P-53), left Keppel

Shipyard for its final project phase in Brazil.

Keppel Shipyard secured the contract fromPetrobras SA via the Charter Development LimitedLiability Company (CDC) in June 2005 to carryout the hull conversion of the P-53 and thefabrication of what is to be the world’s largest turret.

In July 2007, the FPU facility was towed to a topsidecontractor yard in Rio Grande, Brazil, for theinstallation and integration of the topside modules.These were built both in Niteroi and Singapore.Upon completion, Petrobras SA will charter theP-53 from CDC for the Marlim Leste field in theCampos Basin.

Keppel Shipyard commissioned the shipboardsystems prior to its sail-off.

P-53 heads for new homeThe shipyard achieved more than seven millionmanhours worked without any lost timeincidents on the P-53 project. This achievementwon the Keppel Shipyard team the Safety andHealth Award Recognition for Projects (SHARP)awarded by the Ministry of Manpower. Theaward is given out to projects or worksites thathave good safety and health performance andworkplace safety and health managementsystems.

Team Spirit

The P-53 project is an amalgamation of excellentproject management and remarkable teamworkbetween Keppel Shipyard and Petrobras.

Here are what the key site project teammembers have to say:

The P-53 project team celebrates the sail off of the P-53

Nov/December 2007 17/1/08, 12:04 PM12


Reginaldo Sarcinelli FilhoHull Conversion Site ManagerPetrobras/CDC“I had previously worked with KeppelFELS on the P-52. My experience withKeppel is this: Keppelites work very hard,they have great capacity to mobiliseresources and people to get the job done.

“We overcame the challenges ofprocurement and engineering resulting ingreater teamwork and synergy betweenthe project teams.

“There was great commitment frommanagers to supervisors and workers.Everyone was focused on achieving thetarget. I am certain the P-53 will be astunning FPU.

“Congratulations to all of you at Keppelfor an excellent job. Keppel has been agood partner of Petrobras and will be fora long time. It was an excellentpartnership and we are very satisfied (withthe P-53 project).”

Gersen Salles VerlangieriTurret Construction ManagerPetrobras/CDC“We had to work on so many fine detailsand the most challenging was the logistics.Space was a concern, where to build eachsection or module. Much coordinationbetween the different trades was required.

“The P-53 project has been a verysuccessful project. We enjoyed ourpleasant experience working with Keppeland have formed many good relationshipsover the two years.”

Jayaraman AVProject ManagerKeppel Shipyard“This is the best team put together. Therewas a strong bond in the team and wehad the strong support of ourmanagement, especially from our ProjectDirector, Louis Chow (General Manager,FPSO Conversions of Keppel Shipyard).We never gave up.”

Fast facts about P-53CapacityCapacity of up to 180,000 bopd (barrels of oil per day);Gas compression capability of 6 million m3/day;Water injection capability of 39,000 m3/day

Turret75 risers, 2,000 valves, 36 metres in diameter, 73 metres in height

DeploymentMarlim Leste field, Campos Basin, offshore Brazil, 125 km

Electricity generated92 MW

Water depth1,080 metres

Accommodation240 persons

AccoladesSHARP Award (seven million manhours without LTI)

The world’s largest turretresides on the P-53

Terry WongProject ManagerKeppel Shipyard“We have highly committed teammembers behind this project and we areunited with our Petrobras counterparts incompleting our mission on-time andsafely.

“We engaged our contractors constantlyto ensure project execution is smooth andthe workplace is safe for all our workersonboard.

Nov/December 2007 17/1/08, 12:04 PM13


T he dry tree semisubmersible(semi) is an innovative conceptthat applies proven deepwater

technologies. It offers small in-placemotions, large open deck areas, docksidecommissioning, and minimum offshorehookup.

From tradition to innovation

Until now, the two deepwater hull formscapable of supporting top-tensioned risers(TTRs) have been the spar and the tensionleg platform (TLP). For production depthsexceeding 5,000 ft, present TLP designsencounter challenges with tendon designand installation. The spar is the solecandidate for production beyond thisdepth.

FloaTEC’s newly developed dry tree semisare alternatives to the spar for deepwaterproduction. These innovative deepwaterfloater designs have the motions of a sparand the functionality of a semi. Figure 1shows two of the company’s new designs,the ESEMI II (E- Semi) and the truss semi(T-Semi). These dry tree semis havesimilar design philosophies. The maindifference between the designs is theinstallation method.

The truss for the truss semi can beinstalled at the deployment site or nearshore in a water depth sufficient toposition the truss under the hull. Thisinstallation approach requires aninstallation vessel.

The second method for installing thetruss section is to set the truss on thesea bottom, ballast the semis over thetruss, then pull the truss up into thehull for connection. This operationcould be carried out without the aid of a

Dry tree semisubmersible designfor deepwater floaters

vessel. Both methods provide low-riskmating.

The ESEMI II is a self-installing versionof the dry tree semi. This design featuresthe single heave plate installed docksideunder its keel allowing the semi to betransported to the installation site withthe plate retracted. Once moored on site,the plate would be lowered into positionand secured. This design is easilyreversible.

How the dry tree semi works

The primary design objective is tominimize heave motions. Figure 2compares the heave response of aconventional semi, a spar, and a dry treesemi. These curves are called the“response amplitude operators” (RAOs).They show the unit’s heave responseper unit wave amplitude as a function ofwave period.

The traditional semi’s response curves arecharacterised by a small rise at the lowerperiods. At approximately 12 seconds, theRAO falls to a near zero value called the“cancellation period.” Above this period,the RAO increases steeply to a resonantresponse at a higher period. Thiscancellation period occurs where thehydrodynamic forces on the pontoons arepractically equal to the forces on thecolumns, and the heave responsetherefore tends to zero. The conventionalsemi cannot be used to support dry trees.

Without the heave plate, the semi has acancellation period of about 12 seconds.The RAO above this period is very high,and the resonance period falls within thewave energy period, which causes a largeheave response. When the heave plate isattached, the cancellation period isincreased to approximately 23 seconds,which is well above the range of waveenergy periods.

Figure 1. FloaTEC’s dry tree semi designs

ESemi™ - II Truss Semi

Nov/December 2007 17/1/08, 12:04 PM14


Design advantages

The semi has a large open deck area,which offers a number of operationaladvantages compared to the spar.

One advantage is greater flexibility in thewellbay layout. The dry tree semi caneasily accommodate rectangular layouts.These layouts reduce the span of the skidbeams for a rig, which reduces thespanning structural weight and lowers thecentre of gravity.

Another advantage the semi offers is loweraccelerations at the drilling deck.Horizontal accelerations induced by pitchat this elevation are larger on the spar thanthey are on the dry tree semi. As a result,drilling operations can continue on thedry tree semis in conditions that wouldnormally suspend operations on a spar.

Faster delivery and commissioning

The dry tree semi offers a number ofconstruction, delivery and costadvantages. A comparison of thedistribution of durations for each majoractivity carried out in a deliverydemonstrates the relative advantages.These are illustrated graphically in Figure3. The graph compares the duration ofeach activity, indicated as a percentage ofthe total time required to deliver eachsystem.

The graph also shows that topsidesconstruction takes about 63% of the timerequired and are also on the critical path.Spar hull construction takes less time thanthe dry tree semis, which introducesflexibility to the construction schedule.The critical difference is the amount ofdockside commissioning compared tooffshore commissioning.

Only 1% of the spar commissioning takesplace at dockside, while 10% is carriedout offshore. The opposite is true for thedry tree semi, which allows 7% of thedelivery time to be spent at the dock andonly about 1% offshore. Costs for offshorework can be 1.8 times more expensivethan similar dockside work because of theadditional equipment, manpower andlogistics required.

0

10

20

30

40

50

60

70

TopsidesConstruction

Hull Construction DocksideCommissioning

OffshoreCommissioning

Act

ivit

y D

ura

tio

n

( %

to

tal d

eliv

ery

tim

e) Spar

Dry Tree Semi

Figure 2. Comparison of Heave Response

0.0

0.5

1.0

1.5

2.0

2.5

3.0

0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0

Period (sec)

Hea

ve R

AO

(ft

/ft)

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

ft^

2-se

c

Wave Spectrun

TraditionalSemi Spar

Dry Tree Semisubmersible

Timing is everything

The dry tree semi is a practical solutionfor deepwater development andproduction, offering advantages in termsof fabrication, delivery, and operations.The tight rig market has limited operators’choices for deepwater productionsystems. Assuming analyst Douglas-Westwood is accurate in its prediction thatby 2011 more than US$18 billion will bespent on deepwater operations, theindustry definitely needs more designslike the dry tree semi.

Story contributed by John Murray Director -TechnologyDevelopment FloaTEC, LLC

Figure 3

The team at FloaTEC

Nov/December 2007 17/1/08, 12:04 PM15


Keppel O&M unveils new S$150m tech

K eppel Offshore & Marinecelebrated its fifth anniversarywith a strong net orderbook of

over S$13 billion, including aboveS$7 billion of new contracts secured in2007.

The company was established in 2002following the restructuring andintegration of the offshore and marinebusinesses of Keppel Corporation.

Focused on technology innovation to

provide viable and cost effective solutionsfor its customers, Keppel O&M’sproprietary technologies have generatedcontracts worth some S$15 billion overthe years, including current projectsunder construction.

The Company’s revenue has grown some300% from S$1.9 billion in 2002 to$5.7 billion in 2006, and is expected tobe higher in 2007. Its return on equityhas improved from around 20% in 2002to 50% in 2006.

Spearheading technologydevelopment

The Company has also launched KeppelOffshore & Marine Technology Centre(KOMtech) to boost its R&D edge andposition itself for long term growth.Keppel O&M will inject seed money ofS$150 million to fuel the Centre’s activitiesover a 5-year period with additionalsupport from the Economic DevelopmentBoard.

Clockwise from top:1. Igniting the future – Mr George Yeo,

Minister for Foreign Affairs launchesKOMtech with Keppel’s seniorexecutives

2. The Keppel O&M story unveiled innewly published book, “More thanMettle”

3. Penning well wishes for Keppel O&M4. Eminent guests flanked by Michael

Chia (left) and Nelson Yeo5. (From left) CB Choo and Eileen Choo

with guests6. The celebration is also an occasion for

networking

1

6

Nov/December 2007 17/1/08, 12:05 PM16


technology centre on 5th anniversaryCB Choo, Chairman & CEO of KeppelO&M said, “KOMtech’s deliverables willsustain our market leadership, andprovide the quantum leap in technologyand returns for the Company. It will workclosely with our industry partners toconceive effective solutions for the marketin the long run.”

KOMtech’s scope will include managing,stimulating and carrying out R&D,product development, technologyforesight, shipyard process improvementand knowledge building activities withinthe Keppel O&M Group.

Headed by industry veteran CharlesFoo, Keppel O&M’s MD (SpecialProjects), KOMtech is staffed by a talentpool of 30 highly competentprofessionals. The Centre is expected toincrease headcount to about 100 in thenear future.

The Keppel O&M Story

A commemorative book entitled, Morethan Mettle, the Keppel Offshore & MarineStory, was also launched in conjunction

with the Company’s 5th anniversarycelebrations.

More than Mettle is a story of survival andresilience. It tells of Keppel O&M’s rapidgrowth in just five years to become aworld leader in the key segments of theoffshore and marine industry –rigbuilding; ship repair and conversionand the construction of specialisedoffshore support vessels.

More stories in the Special Edition ofKeppelite (December 2007).

2 3

5 4

Nov/December 2007 17/1/08, 12:07 PM17


1. ABAN2. ABB INDUSTRY3. AIRTRADE SYSTEMS4. ALFA LAVAL5. ALLBEST MARINE ENGINEERING6. ALLINTON ENGINEERING &

TRADING7. ALPINE ENGINEERING SERVICES8. ALUMINIUM OFFSHORE9. AMERICAN BUREAU OF SHIPPING10. AMERON11. ASIA ENTERPRISES12. ATWIN MARINE ENGINEERING13. AZEN MANUFACTURING14. BENG KUANG MARINE15. BENNETT AND ASSOCIATES16. BH GLOBAL MARINE17. CABLES INTERNATIONAL18. CATHODIC PROTECTION

TECHNOLOGY19. CHUAN LEONG METALIMPEX

20. CORUS21. CRESTCHIC22. CRETE SHIPPING SERVICES23. DRAKA24. ESAB25. FAVELLE FAVCO CRANES26. FINESSCO ENGINEERING27. FLAKT WOOD28. FLOATEL INTERNATIONAL29. FMI SERVICES30. FONG YI MARINE SUPPLIES31. FOSTER32. FRANKLIN OFFSHORE

INTERNATIONAL33. GLAMOX34. GLENN SHIPREPAIR SERVICES35. GLOBALTECH OFFSHORE &

MARINE36. GOH KWANG HENG37. HAMWORTHY38. HEATEC JIETONG

39. HEMPEL40. HG METAL MANUFACTURING41. HIAP CHUAN HARDWARE42. HUI KOON ENTERPRISE43. INDUSTMARINE ENGINEERING44. INTERNATIONAL PAINT

SINGAPORE45. J RAY MCDERMOTT46. JASSCAN INSPECTION47. JINDAL DRILLING & INDUSTRIES48. JOTUN49. KENSON ENTERPRISE50. KEPPEL SEA SCAN51. KIM HENG SHIPBUILDING AND

ENGINEERING52. KIM SENG HUAT HARDWARE53. KOIROS54. KONGSBERG MARITIME55. KWONG SOON ENGINEERING56. LAL OFFSHORE AND MARINE57. LEEDEN

We would like to thank the following partners for their contributions in making our a

Nov/December 2007 17/1/08, 12:08 PM18


king our anniversary supplement possible in the Straits Times on 5 December 2007.

58. LYCKAD MARINE59. MAERSK CONTRACTORS60. MARITIME AND PORT

AUTHORITY OF SINGAPORE61. MARSHAL TECHNOLOGY

MARKETING & ENGINEERING62. MATOPO ENGINEERING63. MECTRON ENGINEERING64. MHE-DEMAG65. MIZU66. NANYANG TECHNOLOGICAL

UNIVERSITY67. NAM LEONG68. NATIONAL OILWELL VARCO69. NATIONAL OXYGEN70. NATIONAL UNIVERSITY OF

SINGAPORE71. NAUSCH, HOGAN & MURRAY72. NEW & NOVEL ENGINEERING73. NGEE ANN POLYTECHNIC74. NIIGATA POWER SYSTEM

75. NSH GLOBAL MARINEENGINEERING

76. OAKWELL ENGINEERING77. OCEAN TANKERS78. PANGROWTH ENGINEERING79. PROSAFE80. RADIO HOLLAND SINGAPORE81. REGENCY STEEL ASIA82. SCHOTTEL FAR EAST83. SCHULZ WORLDWIDE84. SEADRILL85. SEAQUEST ENTERPRISE86. SEE HUP SENG87. SIN GHEE HUAT CORPORATION88. SINGAPORE CABLES

MANUFACTURERS89. SINGAPORE DUPONT90. SINGAPORE POLYTECHNIC91. SINO MARINE ENGINEERING92. SOUTH SEA INSPECTION93. SPRINGER – EMS

94. STAR-RAY95. SUPREME OILFIELD SERVICES96. TAT ENG INDUSTRIES97. TEAMTEC MARINE PRODUCTS98. TECHNICS OFFSHORE

ENGINEERING99. TETRA FIRE ENGINEERING100. THONG SENG METAL101. TRUMARINE102. TSL POWER SYSTEMS103. UNITOR MARINE SYSTEMS104. UNIVENTURE TECHNOLOGIES105. VAN LEEUWEN PIPE AND TUBE106. VETCO GRAY107. WAH SOON MARINE108. WARTSILA109. WORLDWIDE FLOORING

SYSTEMS

Nov/December 2007 17/1/08, 12:09 PM19


K eppel FELS’ ability to ensure on-time,on-budget deliveries without incidentshas been the result of the focus, effort

and determination of its people. To furtheraugment efficiency and to meet the increase inworkload with the same effectiveness, there hasbeen some re-organisation within the company.

Since 1 November 2007, Michael Chia, ED ofKeppel FELS has taken charge of Customersand Marketing, Engineering, Commercial andProjects. Commercial includes Estimating &Analysis and Purchasing.

Wong Kok Seng, Senior GM (GroupProcurement) has been promoted to ED(Operations) of Keppel FELS to overseePlanning and Control, which includesProduction Planning, Cutting Plan, ProductionControl and Operations. His responsibilitiesunder Operations would be Production& Commissioning, Subcontracting andWarehousing & Logistics.

Taking over the role of Senior GM (GroupProcurement) is Ho Cheok Yuen who recentlycompleted his secondment in USA as Presidentand CEO of Keppel AmFELS. He overseesPurchasing and Materials Management since1 December 2007. He also assists the various

At the helmExecutive Directors in materials managementand supply chain management.

Having completed his secondment in Brazil inOctober, Tay Kim Hock has returned toSingapore. He is now the Senior GM (GroupBusiness Development) and also assists NelsonYeo, ED of Keppel Shipyard in the Qatar Yarddevelopment.

Deputy President/CEO of Keppel FELS BrasilDaniel Chang has assumed the company’sposition of President and CEO.

Rio connection

Tay Kim Hock has returned to Singapore aftera seven-year secondment to Rio de Janeiro asKeppel FELS Brasil’s President and CEO. Heleaves behind a wealth of well-wishers and goodfriends.

“Thanks to your support and dedication allthese years the company has been built up towhat it is now. Have a nice trip back homeand good luck in Singapore.”– Karina Stoff (Legal Coordinator)

“I would like to thank you for the support thatwas given to me. I would also like to commentthat you are a blessed man because you havesecured three of the biggest platformconstruction contracts (P-51, P-52 andP-56) with Petrobras for Keppel FELS Brasil.”– Alceu Mariano (Institutional Relations Director)

“It was indeed a great privilege to work withMr Tay throughout these years on the P-51project. His contribution was essential to keepthe team confident and motivated to carryout the project successfully”.– Jose Pedro (P-51 & P-56 Projector Director)

Tay Kim Hock and his wifereceiving farewell presentsas friends and Keppelitessay their goodbyes

Nov/December 2007 17/1/08, 12:09 PM20


Tough man, bold vision

An old school gentleman. A leaderwho led by example. A dearfriend. A kind boss.

That’s how many described Sim Kee Boon,who passed away on 9 November 2007at age 78. He is survived by his 76-year-old wife, Mrs Jeanette Sim, five sons andfive granddaughters.

Sim joined the Civil Service in 1953soon after graduation and rose throughthe echelons to become Acting PermanentSecretary (Ministry of NationalDevelopment) in 1962 and ActingPermanent Secretary (Ministry of Finance)in 1963.

From 1983, he concurrently held theposition of Permanent Secretary to thePublic Service Division of the Ministry ofFinance.

In 1963, he was awarded the MeritoriousService Medal and the Malaysia Medal.In 1991, he was awarded theDistinguished Service Order. In January1997, he was sworn in as a member ofthe Council of Presidential Advisers.

Sim was appointed Director of KeppelCorporation in February 1984 and

became Executive Chairman in May 1984after leaving his previous position as headof Singapore’s civil service. He steppeddown from his post in 2000 and wasappointed Senior Advisor until hisretirement in 2003.

For almost 20 years, Sim dedicated hiscorporate life to the stewardship ofKeppel, growing the company from ashipyard into the Singapore icon it istoday.

Keppelites pay tribute to the man.

“Keppelites have benefited immenselyfrom Mr Sim’s leadership during his16-year tenure as Group ExecutiveChairman. He developed a strong andstable platform for Keppel upon whichwe have been able to develop and growat a sustained pace during these last eightyears. Keppel’s success today is a result ofhis vision and effort.

“As his colleague, I have learned muchfrom him through his inimitable style,particularly his great sense of optimismand cheerfulness even during very tryingtimes.”

Lim Chee OnnExecutive ChairmanKeppel Corporation

“I will always remember Mr Sim Kee Boonas a successful man who was able tobalance well the demands of business andpublic service with family life and apassion for golf. He was an excellent boss– he demanded results but was humaneand caring. He always kept his cool likeholing the final putt in an important 18thhole!”

Choo Chiau BengChairman & CEOKeppel Offshore & Marine

“Mr Sim was a great mentor and neverfailed to remember those who had workedwith him. He kept in touch with those heknew, and never failed to send notes,smses, or emails to congratulate orencourage. I find him to be most decisiveyet humble and understanding, and agreat boss to work with.

Tong Chong HeongMD/COOKeppel Offshore & Marine

”Mr Sim remained a Keppelite to the veryend, a term coined during his tenure asour Chairman. He would make it a pointto attend all the important functions. Evenwhen he had a relapse a few months ago,he displayed a strong and positive attitudeand continued his contacts with theKeppel team. We in Keppel shall miss himdearly. His indomitable spirit shall live inus forever.”

Teo Soon HoeSenior Executive Director &Group Finance DirectorKeppel Corporation

“Mr Sim was respected and loved. In allhis years at Keppel, he has taught mealways to be first a Singaporean and thena Keppelite in my thinking processbecause what is good for Singapore willbe good for the future of Keppel. I learneda lot from one of the finest masters in theart of communication.

“I will always remember him as one whohas a meticulous attention for details aswell as an infectious joire de vivre, alwaysaffable and charming to everyone hemeets.”

Wang Look FungGeneral Manager,Keppel Group Corporate Communications

Sim Kee Boon

Nov/December 2007 17/1/08, 12:09 PM21


The Contractor HSE RecognitionAward 2007 ceremony waskicked off with an address by

Nelson Yeo, ED of Keppel Shipyard. Heshared the history of the Safety LeadershipProgramme as part of the yard’s Safety Plusinitiatives. Nelson thanked the contractorsand customers like ExxonMobil, Shell andSingle Buoy Moorings for their support.

He credited the Safety LeadershipProgramme for Keppel Shipyard’sachievement of an accident frequency of0.25 in 2007 compared to 1.34 in 2006.He stressed that “Bringing the safetyaccident rate down is doable. We mustcontinue to put in effort to keep onimproving.”

Abu Bakar, GM (Operations) of KeppelShipyard, said, “Safety is a journey. Weneed to head in the right direction andcontinue, step by step, until safety is nolonger a process by itself but part of ourdaily operations. We have to realise thatsafety is more than just a core value. It is

Making safety a noble virtue

belts. Safety goggles were handed out toemployees of the Bronze award recipients.

Choong Yik Lin, Managing Director ofTa-Ching Marine Technology Pte Ltd(Ta-Ching), who received the Gold award,enthused, “We are very honoured toreceive this award. This award willmotivate all our employees to continueto keep safety their top priority.”

Silvaraj, an Operations Manager, inparticular, was extremely happy. Allthree of his companies won awards. RamSri Ram General Contractors won theGold, Ram Raja Ram General Contractorswon the Silver and Ram Ram MarineServices won the Bronze award. He said,“The Keppel management is veryapproachable. They are always willing tohelp. Keppel has helped us to set up ourHSE programme which includes daily,weekly and monthly safety meetings. Wewill continue to enhance our safetyculture.”

a noble virtue which we all have toincorporate in our daily lives.”

Held at Keppel Shipyard on 12 December2007, the award ceremony was attendedby 219 people. Among the VIPs wereCH Tong, MD/COO of Keppel O&M, KenLarson, Senior Project Manager ofExxonMobil, Chris Davison, SeniorProject Manager of SBM and ChrisHowell, FPSO Lead of Shell.

To recognise contractors’ effort inmaintaining an injury-free workenvironment, 19 Gold, 23 Silver and 65Bronze were handed to the contractors.Gold award recipients are those whoachieved 300,000 injury-free manhoursworked, Silver recipients 50,000 injury-free manhours worked and Bronzerecipients 50,000 injury-free manhoursworked.

Employees of the Gold award recipientsreceived safety shoes while employees ofthe Silver award recipients received safety

Senior management of Keppel, ExxonMobil, SBM and Shell celebrate with the Gold award recipients

Nov/December 2007 17/1/08, 12:10 PM22


S eow Tiang Keng, imparted thegems of his experience andexpertise to undergraduates of

the National University of Singapore’sElectrical Engineering faculty on15 November 2007.

Better know as TK Seow, the SeniorElectrical & Instrumentation Manager ofKeppel FELS, lectured on AC drives inoil rigs, particularly Variable FrequencyDrives, in the two-hour seminar.

TK has worked in Keppel for 38 years.He is a registered Professional Engineerand Chartered Engineer. He has alsoserved as an Advisory Consultant toseveral teaching institutions, and iscurrently a consultant to the EnergyMarket Authority for the testing andexamination of engineers applying for theHigh Voltage switching licence.

Some 50 undergraduates were inspired byhis presentation. More importantly, TKtalked about the technologicaladvancements in the equipment andfacilities within Keppel O&M.

The veteran encouraged the buddingengineers to broaden their horizons in theoffshore and marine industry and toconsider Electrical Power Engineering asa career choice.

Driving hispassion

I n commemoration of Kazakhstan’sIndependence Day on 16 December,Team Astana, comprising Kazakhs

living in Singapore, played a friendlymatch of football with a team fromKeppel O&M.

“Keppel and Kazakhstan have shared aclose relationship since 2003 when

Adil Tursunov (right), Head of Mission forthe Kazakhstan Embassy in Singapore,surprises CH Tong and CB Choo withTeam Astana jerseys for each of them

Friends at the fieldKeppel first set up its yard in the country.The yard subsequently securednewbuilding projects from a customerand this created employment andprovided training opportunities forKazakhs,” said CB Choo, Chairman/CEOof Keppel O&M.

Five employees from Keppel’s Kazakhstanyard who are in Singapore on an exchangeprogramme played alongside theirSingaporean colleagues.

Organised by the Embassy of the Republicof Kazakhstan, the two teams kicked offto an exciting match filled with highspirits, camaraderie and sportsmanship.

E ven with the current busy times,safety is still a top focus at KeppelFELS. Testament to this is the

cumulated 13 million manhours withoutlost time incidents for the five rigs thatKeppel FELS is building for Maersk.

“This is indeed a magnificent trail ofrecords,” said Claus Hemmingsen, CEOof Maersk Contractors, in a letter to theproject team.

The Keppel FELS project teams werepresented with cheques of S$16,000 foreach project at a ceremony held on19 December to commemorate the safetyachievement. The projects include three

Achievingrecords

jackup and two semisubmersible (semi)drilling rigs.

Keppel FELS is building a total of fourjackups and three semis for Maersk. Thefirst jackup is scheduled for delivery inthe first quarter of 2008.

Sterling safety records


Nov/December 2007 17/1/08, 12:10 PM23


In its fourth consecutive year, the iQCmovement in Keppel FELS has savedmillions of dollars for the company.

The projects undertaken by the variousiQC teams in the past year have helpedthe company to achieve an overallprojected cost savings of $4.5 million peryear.

The “Million Dollar Project Award”,introduced this year, was awarded to thetwo iQC teams which managed toachieve a minimum of one million dollarcost savings for the company.

Team SAF (Production: Hull) identified theproblem of unsafe and long block erectiontime. They had brainstormed onimproving block erection guides used infloating conditions and came up with the

Millions saved by dino-mite ideasemployees and subcontractors wereinvolved at the iQC Convention held inSeptember 2007. Two iQC teams receivedthe Star Award while six received the GoldAwards, 11 the Silver Awards and ninethe Bronze Awards. Four Certificates ofParticipation were also given out.

The “Most Innovative PresentationAward” was given to Team Elite (HR) whohad conceived a creative project. Theyused a cartoon character Barney theDinosaur, to interact with the assessorsand audience during their presentation.

Having achieved a commendable score intheir innovative and value-added projectduring the iQC Convention, Team GBB(Production: Hull) managed to retain theOutstanding iQC Team Challenge Trophyfor the second consecutive year.

Executive Director of Keppel FELS,Michael Chia, said during the AwardPresentation and Innovation Month 2007Closing Ceremony, “iQC continues toserve as a good platform for employeesto come together and contributeinnovative ideas to help the companymake improvements to the workenvironment, processes and products.”

In additon to the iQC Movement ,KeppelFELS also has a Staff Suggestion Schemewhich received a total of 271 suggestionsfrom employees between September 2006and August 2007. This represent a 95%increase in participation rate over theprevious year.

The increase in participation reflects theemployees’ commitment to building aninnovative and progressive company.

solution of standardising the types ofguides used. A considerable amount oftime spent in block erection was saved.

Team Secure 1 realised that unknown tothe workers, pilfering was occurringwithin the Keppel O&M yards. The teamrealised that by creating awareness aboutthe thefts, they would improve theworkers’ vigilance of their ownequipment. A crime awarenessprogramme, which included thecompilation of crime statistics on aperiodic basis was introduced. A CrimeInformation Dissemination Area was setup, and crime prevention ambassadorswere also appointed. All these techniqueshelped to cut down loss of property.

A total of 32 teams from all levels of

Barney the Dinosaur comes to life at the iQC award presentation

Nov/December 2007 17/1/08, 12:11 PM24


Best shiprepair yard in Asia

Jimmy Loh (centre) receives the award from Ian Rogers (left) ,MD of Aggreko Asia, sponsor of the award and Chris Mayer,Executive Editor of Lloyd’s List

F or the third consecutive year, Keppel Shipyardwas voted the best shiprepair yard in Asia byreaders of Lloyd’s List Maritime Asia and Lloyd’s

List Daily. A panel of industry specialists eventuallyselected the winner from the top three short listedcompanies.

The award recognised the shiprepair yard in Asia formeeting the needs of its regular customers, particularlyin times of tight capacity, and at the same time, offeringcost effective and quality services with a keen eye onyard safety.

400 of the region’s luminaries in the offshore andmarine community gathered at the Shangri-La Hotelin Kowloon, Hong Kong on 15 November 2007 tocelebrate the community’s achievements.

Jimmy Loh, Yard Manager of Keppel Shipyard (Tuas),said, “We are honoured to receive this award. Itcelebrates the strong relationships we have with ourcustomers and this is testament to all the efforts of ourteam at Keppel Shipyard.”

A touch of Brazil in Singapore

B razilian art took centrestage at the2007 Singapore Design Festival asCity Hall played host to a unique

exhibition featuring Brazilian design andarchitecture.

Keppel O&M partnered the Ministryof External Relations of Brazil in asponsorship of the inaugural exhibition.

Opened on 28 November, the exhibitionfeatured renowned Brazilian architectOscar Niemeyer, recognised worldwidefor his contribution to modernistarchitecture. His most acclaimed creationis the city of Brasília, the capital of Brazil.

CB Choo, CEO/Chairman of KeppelO&M, acting in his capacity as non-resident Ambassador to Brazil, launchedthe exhibition as Guest-of-Honour.

He enthused, “Exhibitions like this onewill bring about a confluence of ideas inSingapore. I hope that the impact of theexhibition will be mutually beneficial. LetSingapore and Brazil, two young andvibrant urban cities, give and receive thebest of each others’ art, architecture andculture. This exchange of ideas will notonly lead to new artistic developments inboth our beautiful cities, it will alsodeepen our already strong ties.”

For the first time , Singaporeans were ableto gain insights to works of Brazil’s mostacclaimed and influential designers.

Prominent architects such as JoãoFilgueiras Lima and Sérgio Parada alsoshowcased their creations along withrenowned furniture designer MaurícioAzeredo, jewellery designer CarlosAmorim and graphic designer HansDonner.

Nov/December 2007 17/1/08, 12:11 PM25


Ahoy Rotterdam!

Europort Maritime 2007 lived upto its reputation as a multi-facetedplatform for the maritime sector.

Keppel Verolme was an active participantwith a booth at the exhibition which stoodout among the 835 exhibitors spreadacross nine halls.

All market sectors were represented at theexhibition: shipbuilding, maintenanceand repair, propulsion, dredging,navigation, electronics and services.

Sjaak Sely, Senior Business Manager ofKeppel Verolme, explained why it was

important for Keppel to be representedat the exhibition, “Europort Maritime isone of Europe’s largest international tradefairs for maritime technology in oceanshipping, inland shipping, shipbuilding,dredging, fishing and related sectors inEurope.

“Many of The Netherlands-based clientsvisited the Keppel booth. The fair is anexcellent opportunity to promote our“Near Market, Near Customer” strategy,and meet our customers in a relaxedatmosphere to discuss projects.”

Ahoy Rotterdam, the indoor sportingarena where the exhibition took place,received 31,521 visitors from 6 to9 November. 17% of the total numbersof visitors were from abroad reinforcingits international reach.

Europort Maritime is a contemporarycentre for knowledge and trade.Conferences with lively exchanges of ideasand knowledge were also held. Theseincluded the CEDA Dredging Day andthe annual IBT conference.

K eppel Shipyard presented Long Service Awards to 113employees in recognition of their 10 or more years ofcommitted service. Collectively, they accumulated more

than 2,355 years of service.

CH Tong, MD/COO of Keppel O&M who presented the awardssaid, “You have in your own ways, contributed your experienceand expertise to help make the Keppel Offshore and MarineGroup what it is today.

Keppel Shipyard recognisesevergreen staff

“The younger staff bring with them their own energy, enthusiasmand ideas. But they will need guidance and assistance from moreexperienced staff like yourselves to pass on to them the ethos,experience and wisdom gained over the years.”

Project Manager, Goh Tong Woo, reminisced, “In my 30 years,I’ve made many friends and I’m happy with my accomplishments.It’s been an eye-opener witnessing the changes in the industry,especially the technological advances that have made our work sodifferent from before. It is always a continuous learning process.”

Human Resources Manager, Teo Khai Yang, said, “I have manyfond memories of my time in Keppel. What I cherish most arethe teamwork, camaraderie and friendships I have made. I havebeen very fortunate to be able to work in Keppel which is a verynurturing organisation.”

TH Tan, Yard Manager (Operations), can hardly believe howtime has flown by. He recalls, “It feels like just yesterday when Ijoined and now its 20 years. I always wondered how peoplestayed in the job for so long. Now I know – through passion forthe work, good colleagues and friends and a sense ofaccomplishment.”

One big happy family as Management and staff celebratetheir many years in Keppel

Nov/December 2007 17/1/08, 12:11 PM26


W ith pounding feet and punchingfists, 4,000 Keppel FELSemployees moved to the beats of

popular tunes while most Singaporeans werestill asleep.

It was not a dusk-to-dawn rave party butACTIVE (All Companies or CommunitiesTogether In Various Exercises) Day at KeppelFELS. In line with the company’s commitmentto workplace health, ACTIVE Day encouragesits employees to make exercise a habit.

ACTIVE Day proved to be popular among itsparticipants. James Chia, from Marketingdepartment, shared, “ACTIVE Day highlightsthe importance of having regular exercisesand proper diets – elements of a healthylifestyle. Contrary to beliefs that it was a typicalroutine, the morning mass workout actuallyturned out to be both fun and enjoyable!”

CB Choo, Chairman/CEO of Keppel O&M,said, “It has been a very busy time for all of us.In order for us to stay alert, productive andefficient, at home and at work, we must exerciseregularly.

“Do not let ACTIVE Day be a one-off event.For those who have not started exercisingregularly, let it be the beginning.”

Five fitness instructors were engaged to lead inthe high-energy morning workout held on15 December 2007. CB Choo, together withKeppel FELS’ senior management and unionleaders joined the employees who participatedin the event.

Farahdila Nordin, Project Secretary of KeppelFELS, enthused, “I had a lot of fun! The physicalinstructor was very good and he kept the spiritof the people high by interacting with us. Atone point, he jumped down from the stage and‘high-fived’ us! We should have more ACTIVEDays!”

ACTIVE participation

Senior management, union leaders and employees join hands in promotinga healthy lifestyle

Nov/December 2007 17/1/08, 12:12 PM27


Around our yardsOffshoreMarine tracks works at various Keppel yards.

Singapore

Keppel Shipyard

Name : MAERSK DENTONOwner : KG ms ‘Santa Rutina’ Offen

Reederei GmbH & CoCountry : GermanyType : ContainerDWT : 53,115GRT : 45,803Date : 1 – 8 NovemberScope : Major works include

drydocking, overhauling ofseawater pumps, renewal ofmooring winches, clearanceof tailshaft and rudder,polishing of propeller,repair of the LT cooler endplate and changing ofchrome liner

The Netherlands

Keppel Verolme

Name : THEANOOwner : Tomasos Brothers Inc

Country : GreeceType : Chemical tankerDWT : 28,000GRT : 28,400Date : 2 November – 4 DecemberScope : Special Class Survey and

general repairs

Name : LUDOVICAOwner : Tomasos Brothers IncCountry : GreeceType : Chemical tankerDWT : 28,000GRT : 28,400Date : 8 November – 9 DecemberScope : Special Class Survey and

general repairs

The Philippines

Keppel Batangas Shipyard

Name : OOCL ADVANCEOwner : Rickmers Reederei GmbH

& Cie. KGCountry : GermanyType : Bulk CarrierDWT : –

GRT : 14,278Date : 28 November – 11 DecemberScope : Renewal of seawater pipes,

cleaning, blasting andpainting of hull

Name : GAS NEMESISOwner : Brave MaritimeCountry : GreeceType : LPG CarrierDWT : 4,994GRT : 4,966Date : 6 – 16 DecemberScope : Replating of bilge storage

tank; renewal of engineroom pipes, rudder carrier,pintle, neck bushes andsleeves; overhauling of seavalves and auxiliary boilervalves

Keppel Cebu Shipyard

Name : ANDALUCIA CARRIEROwner : Norbulk Shipping UK, Ltd.Country : UKType : Reefer CargoDWT : 6,064

MAERSK DENTON GAS NEMESIS

Nov/December 2007 17/1/08, 12:12 PM28


GRT : 4,830Date : 27 November – 7 DecemberScope : Blasting and painting

steelworks, servicing of seavalves and sea grating;overhauling of tailshaft,propeller, rudder works,deck machineries; work onanchor, chain locker, cable,various motors and pipesrenewal

Name : TRITON REEFEROwner : Wallem Shipmanagement

Ltd.Country : Hong KongType : Reefer CargoDWT : 9,679GRT : 8,818Date : 20 October – 4 NovemberScope : Tailshaft, propeller and

rudder works. Life-boatsurvey, steel renewals atside shell and chain locker.Deck crane servicing,overhaul of hatch cover,driving cylinder and variousengine room machinery.Deck pipe renewals,external hull blasting andpainting

Subic Shipyard & Engineering

Name : MV “SUN ROUND”Owner : Sunford Shipping Ltd.Country : JapanType : Container ShipDWT : 57,904GRT : 53,359Date : 21 November – 2 DecemberScope : Drydocking, hull

preservation, cargo holdsand hatch cover upgrading,steel renewals for containerssocket, water ballast tankno. 5 and cargo hold. Portand starboard internalrepair, boiler and exhaustgas economiser cleaning,mounting valves and safetyvalves overhauling and

survey. Propeller bladespolishing and root bladedye checking, bow thrustblades trimming andgrinding

Name : MT “CHAMPION LION”Owner : HDS ASCountry : NorwayType : Oil TankerDWT : 44,979GRT : 26,113Date : 25 November – 5 DecemberScope : Afloat repairs, blasting and

painting of main deck areain way of side ballast tank,center section includingstructures and tank hatchcovers

Name : MV “SHIN SAKAIDE”Owner : Hachiuma Steamship Co.,

Ltd.Country : JapanType : Bulk CarrierDWT : 91,625GRT : 50,238Date : 19 November – 5 DecemberScope : Drydocking, hull

preservation, upgrading ofcargo holds, polishing andpainting of propeller,overhauling main engineturbocharger and generatorengine governor, auxiliaryboiler mounting and valves,engine room motor fan;cleaning of main andemergency switchboard.

ANDALUCIA CARRIER

TRITON REEFER

MV “SUN ROUND”

Nov/December 2007 17/1/08, 12:13 PM29


Keppel Group NewsbytesWTE plant for Vietnam

Keppel Seghers has received in-principleapproval for the development of a waste-to-energy (WTE) plant from the People’sCommittee of Ho Chi Minh City (HCMC).The proposed plant in HCMC will be thefirst WTE plant in Vietnam and also thebiggest WTE facility in Southeast Asia,outside Singapore. With the capacity totreat 2,000 tons of waste per day, the plantwill generate more than 20 MW of greenenergy for HCMC.

——●——

two of the largest trading floors inSingapore in the podium block.

——●——

Large-scale residential project inShanghai

Keppel Land has acquired a 100%stake in Shanghai Hongda PropertyDevelopment Co. Ltd. (“ShanghaiHongda”), which owns a 26.4 ha (396 mu)residential site in Xinchang Town, NanhuiDistrict, south-eastern Shanghai.

The site will be developed in phases over5 years into a mixed residential enclavecomprising 3,000 homes.

——●——

Eco-friendly campus

Keppel FMO has been awarded a three-year maintenance contract by RepublicPolytechnic (RP). The contract carries anoption to renew for another two years.

Keppel FMO will provide integratedfacility management and maintenanceservices for all building equipment andsystems in its new 20-hectare Woodlandscampus. In addition, Keppel FMO willprovide laboratory operation andtechnical support services for theacademic schools.

——●——

SPC’S 38th Kiosk

Singapore Petroleum Company openedits 38th service station in Punggol,Singapore in November 2007 as part ofits commitment to strengthen its retailfootprint and serve the local motoringpublic.

Singapore’s largest lease deal

Marina Bay Financial Centre (MBFC)and DBS Bank have entered into anagreement to lease 700,000 sq ft inTower 3 of the Marina Bay FinancialCentre. The lease agreement will see DBScommence occupancy from 2012 undera 12-year lease with options to renew.

At 1.3 million sq ft, and with strikingviews of the Bay, the 48-storey MBFCTower 3 will be the largest office tower inSingapore. Its impressive floorplates ofbetween 30,000 and 50,000 sq ft include

The largest lease deal ever transacted in Singapore, DBS will take up 700,000 square feet of Tower 3 in MBFC

Nov/December 2007 17/1/08, 12:13 PM30


Global ReachKeppel Offshore & Marine Ltd(Head Office)50 Gul Road Singapore 629351Tel: 65 6863 7200Fax: 65 6261 7719www.keppelom.com

SINGAPOREKeppel FELS Limited(Pioneer Yard 1 – Head Office)50 Gul Road Singapore 629351

(Pioneer Yard 2)55 Gul Road Singapore 629353

(Shipyard Road)31 Shipyard Road Singapore 628130

(Crescent Yard)60 Shipyard Road Singapore 628131

Tel: 65 6863 7200Fax: 65 6261 7719Email: [email protected] Persons: Michael Chia, Executive DirectorS Jaya Kumar, General Manager (Marketing)

Keppel Shipyard Limited(Tuas Yard – Head office)51 Pioneer Sector 1 Singapore 628437Tel: 65 6861 4141Fax: 65 6861 7767

(Benoi Yard)15 Benoi Road Singapore 629888Tel: 65 6861 6622Fax: 65 6861 4393

(Gul Yard)55 Gul Road Singapore 629353Tel: 65 6861 3007Fax: 65 6862 3645/7

www.keppelshipyard.comEmail: [email protected] Persons: Nelson Yeo, Executive DirectorMah Chan Wah, General Manager (Commercial – Shiprepair)

Keppel Singmarine Pte Limited15 Benoi Road Singapore 629888Tel: 65 6861 6622Fax: 65 6862 1792Email: [email protected] Persons: Hoe Eng Hock, Executive DirectorPoon Tai Lum, Deputy General Manager (Commercial/Marketing)

Offshore Technology Development Pte Ltd55 Gul Road Singapore 629353Tel: 65 6863 7409Fax: 65 6862 3465Email: [email protected] Person: Dr Foo Kok Seng, General Manager

Deepwater Technology Group Pte Ltd50 Gul Road Singapore 629351Tel: 65 6863 7163Fax: 65 6863 1739Email: [email protected] Person: Aziz Merchant, General Manager

Asian Lift Pte Ltd23 Gul Road Singapore 629356Tel: 65 6668 4222Fax: 65 6668 4333Email: [email protected] Person: John Chua, General Manager

Keppel Smit Towage Pte Ltd23 Gul Road Singapore 629356Tel: 65 6668 4222Fax: 65 6897 8056Email: [email protected] Person: Ben Chew, General Manager

AUSTRALIAKeppel Prince Engineering Pty LtdLevel 7, 3 Bowen CrescentMelbourne, Victoria 3004, AustraliaTel: 61 3 9820 9033Fax: 61 3 9866 6110Email: [email protected] Person: Charles Chiam, Director

AZERBAIJANCaspian Shipyard Company LtdSouth Bay, KMNF BasinBaku AZ1023, AzerbaijanTel: 994 12 449 9930Fax: 994 12 449 9931Email: [email protected] Person: Yan Naing Myint, President

BRAZILKeppel FELS Brasil SARua da Assembeia, 10 – 200220011-000 Rio de Janeiro, RJ, BrazilTel: 55 21 2102 9400Fax: 55 21 2224 2248Email: [email protected] Person: Daniel Chang, President & CEO

BULGARIAKeppel FELS Baltech Ltd54 Debar Street, Varna 9000, BulgariaTel: 359 52 684 250/1Fax: 359 52 684 252 (Admin)Email: [email protected] Person: Lyudmil Stoev, General Manager

CHINA/HONG KONGKeppel Nantong Shipyard LtdNo. 9 Yan Jiang Road, Nantong City, Jiangsu ProvinceP.R. China 226005Tel: 86 513 8530 0000Fax: 86 513 8530 0011Email: [email protected] Person: Lee Tai Kwee, President

Keppel FELS Engineering Shenzhen Co., Ltd.3th Floor, Chiwan Petroleum BuildingChiwan Road No. 5P.R. China 518068Tel: 86 755 26851902, 86 755 26851959,Tel: 65 68637215 (Singapore Contact)Fax: 86 755 26851670Email(China): [email protected] (Singapore): [email protected] Person: Ho Jong Heng, General Manager

INDIAKeppel FELS Offshore and Engineering ServicesMumbai Pvt LtdUnit Number 3, 8th Floor, Prism Tower-AMindspace, Link Road, Goregaon (West)Mumbai 400 062, IndiaTel: 91 22 4001 8888Fax: 91 22 4001 8898E-mail: [email protected] Person: Anant Shukla, General Manager

INDONESIABintan OffshoreKampung Budi Mulia, RT.02/RW.01, Desa Sei WalangKecamatan Bintan Timur, Kabupaten BintanPropinsi Kepulauan Riau, IndonesiaTel: 62 771 462 2297Fax: 62 771 462 2298Email: [email protected] person: Leong Kum Choon, Deputy Shipyard Manager

JAPANRegency Steel Japan Ltd46-59 Nakabaru, Tobata-kuKitakyushu, Fukuoka 804-8505 JapanTel: 81 93 861 3103Fax: 81 93 861 3114Email: [email protected] person: Dr Yip Hee Yan, President

KAZAKHSTANKeppel Kazakhstan LLPSEZ “Seaport Aktau”, Aktau 130000, Mangistau OblastRepublic of KazakhstanTel: 7 3292 571 100HP: 7 300 528 4885Fax: 7 3292 571 110Email: [email protected] Person: Yick Ping Wong, General Director

NETHERLANDSKeppel Verolme BVProf. Gerbrandyweg 25, 3199 KK Rotterdam-BotlekHarbour no. 4550, P O Box 1001, 3180 AA RozenburgThe NetherlandsTel: 31 181 234300Fax: 31 181 234346Email: [email protected] Person: Harold W.M. Linssen, Managing Director

NORWAYKeppel Norway ASStrandgaten 147, P O Box 4254304 Sandnes, NorwayTel: 47 5160 2500Fax: 47 5160 2510Email: [email protected] Person: Inge Oliversen, President

PHILIPPINESKeppel Philippines Marine IncUnit 3-B Country Space 1 BuildingSen. Gil Puyat Avenue, Salcedo Village1200 Makati City, PhilippinesTel: 63 2 892 1816Fax: 63 2 815 2581, 63 2 892 4604www.keppelphilippinesmarineinc.comEmail: [email protected] /[email protected] Person: Toh Ko Lin, President

Keppel Batangas ShipyardBarrio San Miguel, 4201 Bauan, BatangasPhilippinesTel: 63 43 7271532 to 36Fax: 63 43 7271453Email: [email protected] Person: Kok Boon Heng, President

Keppel Cebu Shipyard IncDad Cleland Avenue, 6015 Lapu-Lapu City,Cebu, PhilippinesTel: 63 32 340 0081 to 89Fax: 63 32 340 0068, 63 32 340 0096Email: [email protected] Person: Fok Swee Yin, President

Subic Shipyard and Engineering, Inc.Cabangaan Point, Cawag2209 Subic, Zambales, PhilippinesTel: 63 47 232 2380Fax: 63 47 232 3350, 63 47 232 3883 to 84Email: [email protected] Person: Mok Kim Whang, President

UNITED ARAB EMIRATESArab Heavy IndustriesP O Box 529, Ajman, UAETel: 971 6 526 3232Fax: 971 6 526 3233Email: [email protected] Person: Leong Yew Kong, Managing Director

USAKeppel AmFELS Inc.PO Box 3107, 20000 South Highway 48Brownsville, TX 78523, USACell: 1 956 592 6149Tel: 1 956 838 3187 Fax: 1 956 831 6220Email: [email protected] Person: Tan Geok Seng, President & CEO

Keppel Offshore & Marine USA Inc.5177 Richmond Ave, Suite 1065Houston, Tx 77056, USATel: 1 713 840 8811Fax: 1 713 840 1198Email: [email protected] Person: Chow Yew Yuen, President

FloaTEC, LLC14701 St. Mary’s LaneSuite 250, Houston, TX 77079Main Tel: +1 281 870 5200Main Fax: +1 281 870 5210Email: [email protected]: www.FloaTEC.comContact Person: Eric H. Namtvedt, PresidentDirect Tel: +1 281 870 5556Mobile: +1 281 381 2781Email: [email protected]

Keppel Marine Agencies, Inc(Texas Office)5177 Richmond Ave, Suite 1065Houston, Tx 77056, USATel: 1 713 840 1188Fax: 1 713 840 1960Email: [email protected] /Contact Person: Michael Holcomb, President/[email protected] Person: John C Bajor, Marketing Manager

(New Jersey Office)15 Huddy Avenue, PO Box 417Highlands, New Jersey, USATel: 1 732 872 8800Fax: 1 732 872 8801Email: [email protected] Person: John J. Bajor, Director

VIETNAMKeppel FELS LimitedPetrovietnam Tower, Suite 150M9 Hoang Dieu Street, Ward 1, Vung Tau CityS.R. VietnamTel: 84 64 850098Fax: 84 64 850089Email: [email protected] Person: Henry Sng, Country Manager

Nov/December 2007 17/1/08, 12:13 PM31


K eppel AmFELS has secured contractsfrom Rowan Companies, Inc. (Rowan)to build four jackup rigs which include

owner furnished equipment.

“The construction contracts with KeppelAmFELS afforded us the opportunity toaccelerate the expansion of our offshore drillingbusiness by partnering with a first classorganisation and shipyard,” said DannyMcNease, Chairman and Chief ExecutiveOfficer of Rowan.

Rowan is a major provider of internationaland domestic offshore contract drilling services.The company also owns and operates amanufacturing division that producesequipment for the drilling, mining and timberindustries. The company’s stock is traded onthe New York Stock Exchange.

CH Tong, MD/COO of Keppel O&M andChairman of Keppel AmFELS, said, “Rowan isa world-class drilling contractor and a newcustomer to Keppel. We are glad that they

Four jackup rigs for new customerRowan

recognise Keppel’s capability and commitment tomeet customer requirements on time, withinbudget and without incident.

“We endeavour to build a long-term partnershipwith them based on integrity, reliability anddelivery of quality products.”

Deliveries of the four rigs are slated progressivelybetween the second quarter of 2010 through to2011.

The rigs will be built to the LeTourneau Super116E design with initial leg lengths of 410ft foroperating in water depths of up to 350ft anddrilling depths of down to 30,000ft. Whencompleted, the rigs will be capable of drillinghigh-pressure, high-temperature and extended-reach wells.

Keppel AmFELS has delivered a second rig toScorpion Offshore and is constructing six morejackups: three for Scorpion Offshore, and one eachfor Atwood Oceanics, Diamond Offshore andPerforadora Central. It is also building a sludgevessel for the City of New York.

Located in Brownsville Texas, Keppel AmFELS is one of the best-equipped offshore yards in the region


Nov/December 2007 17/1/08, 12:15 PM32

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