Keppel lands new FPSO contracts with MODEC

OFFSHORE ENERGY | Keppel Offshore & Marine (Keppel O&M) has, through its subsidiaries in Singapore and Brazil, secured two contracts worth a combined value of about S$73 million ($52.4Mn) from MODEC.

In Singapore, Keppel Shipyard has been engaged to fabricate, complete and integrate the topside modules and mooring support structure for floating production storage and offloading vessel (FPSO).

Keppel said on Wednesday that components for the modules and mooring support structure are scheduled to arrive in 3Q 2020 for completion as well as integration and installation with the FPSO hull, which is expected in the yard in 4Q 2020.

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