Keppel secures production barge upgrade contract from KrisEnergy for S$30m
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), clinched a contract worth about S$30 million for the modification and upgrading of a production barge for SJ Production Barge Ltd, a wholly-owned subsidiary of upstream oil and gas company, KrisEnergy Ltd. (KrisEnergy).
Keppel Shipyard's scope of work on the production barge for KrisEnergy includes installation of a power generation module, Electrical House, new accommodation units and other refurbishment works.
When completed in or around 3Q 2019, the production barge will be capable of processing up to 30,000 barrels of fluid per day, and equipped with gas, oil and water separation facilities. It will be deployed in the Apsara oil field, which lies in Block A of the Khmer Basin in the Gulf of Thailand. The field is Cambodia's first hydrocarbon development.
About Keppel Offshore & Marine / Keppel Shipyard
Keppel Offshore & Marine, a wholly-owned company of Keppel Corporation Limited, is the global leader in offshore rig design, construction and repair, ship repair and conversion, and specialised shipbuilding.
Keppel Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine, is the trusted industry name for the repair, conversion and upgrading of a diverse range of vessels, and a global leader in the conversion of Floating Production Storage and Offloading (FPSO), Floating Storage and Offloading (FSO) and Floating Storage and Re-gasification Units (FSRU), as well as the fabrication and installation of turrets and mooring systems, and topside process modules. It has also successfully delivered the world's first-of-its-type Floating Liquefaction Facility conversion.
KrisEnergy Ltd. is an independent upstream company focused on the exploration for and the development and production of oil and gas in Southeast Asia. The Company holds working interests in three producing oil and/or gas fields, two in the Gulf of Thailand and one onshore Bangladesh. It also participates in 13 blocks in various stages of development, appraisal and exploration in Bangladesh, Cambodia, Indonesia, Thailand and Vietnam. KrisEnergy operates nine of the contract areas.