Page 38 - Oil&Gas-AustralAsia-2015-Issue-1
P. 38
S INGAPORE
Keppel well placed to weather
oil price storm ByMarieRYAN
Keppel operations in Qatar. Image courtesy of KeppelFELS
Keppel Corporation’s Offshore & hard times with Transocean reportedly The lift boat contract is a joint ven-
Marine Orderbook reported US$3.96 pushing back the delivery of rigs and ture between Qatar’s Nalikat and
billion in new secured contracts and a renegotiating contracts. Keppel Singmarine, who operate the
net US$9 billion value in its order book Transocean announced all five Nakilat-Keppel Offshore & Marine
for 2014, down on previous years, how- high-specification rigs will be delayed (N-KOM) shipyard and ship gas from
ever remaining steady with the corpora- by six months, extending their delivery the Middle East.
tion reporting a positive outlook on its dates, with the first orders of Super B The vessel when completed in will fea-
Offshore & Marine company despite a Bigfoot-class jack-ups arriving in the ture a stable work platform for a variety
global oil and gas industry downturn. third quarter of next year, not in the of offshore services in adverse weather
Keppel estimates more than US$60 first quarter as originally planned. conditions, a customised self-pro-
billion in investments will be spent in Cowen & Co analyst JB Lowe said the pelled and self-elevating platform and
the global FLNG market between now pushback is undoubtedly the result of will operate at a depth of 65 metres,
and 2020, with the company having the weakening outlook in the offshore accommodating 130 men. The lift boat
built around 40 per cent of the world’s market and lower potential commodity is designed by Bennett Offshore, a naval
jack-ups and 30 per cent all of semisub- prices. architecture and marine engineering
mersibles and turret fabrication since “We expect the units could be acceler- arm of Keppel O&M, in collaboration
2000, it is positioned well to endure the ated if the market strengthens to any with N-KOM.
current low price of oil. considerable degree more quickly than In December Seaways Pte Lts ordered
In December Keppel secured its second currently anticipated.” construction on a multi-task Anchor
FLNG vessel conversion job from However Keppel is innovating with new Handling Tug (AHT) vessel suitable for
independent LNG carrier owner-oper- ventures through its subsidiary Keppel an array of offshore activities.
ator Golar LNG and said to investors Singmarine including the award of a Designed by Robert Allan and belong-
it would be innovating midstream technical services contract for the detail ing to the Rampage Series, the AHT
solutions for small and mid-scale LNG and production engineering, technical vessel will have a designed bollard pull
projects, building on its track record of and commissioning support and pro- of 100 tonnes, and be equipped with
converting 113 vessels including FPSOs, curement support of a lift boat - a first Class 1 and 2 fire-fighting capabilities,
FSOs and FSRUs. for the company. dynamic positioning systems Class 2,
In contrast jack up rig orders have hit oil recovery Class I capabilities and a
host of other equipment.
~continued on page 38
A A36 OIL & GAS ustral SIA MARCH/APRIL 2015 www.oilandgasaustralasia.com
Keppel well placed to weather
oil price storm ByMarieRYAN
Keppel operations in Qatar. Image courtesy of KeppelFELS
Keppel Corporation’s Offshore & hard times with Transocean reportedly The lift boat contract is a joint ven-
Marine Orderbook reported US$3.96 pushing back the delivery of rigs and ture between Qatar’s Nalikat and
billion in new secured contracts and a renegotiating contracts. Keppel Singmarine, who operate the
net US$9 billion value in its order book Transocean announced all five Nakilat-Keppel Offshore & Marine
for 2014, down on previous years, how- high-specification rigs will be delayed (N-KOM) shipyard and ship gas from
ever remaining steady with the corpora- by six months, extending their delivery the Middle East.
tion reporting a positive outlook on its dates, with the first orders of Super B The vessel when completed in will fea-
Offshore & Marine company despite a Bigfoot-class jack-ups arriving in the ture a stable work platform for a variety
global oil and gas industry downturn. third quarter of next year, not in the of offshore services in adverse weather
Keppel estimates more than US$60 first quarter as originally planned. conditions, a customised self-pro-
billion in investments will be spent in Cowen & Co analyst JB Lowe said the pelled and self-elevating platform and
the global FLNG market between now pushback is undoubtedly the result of will operate at a depth of 65 metres,
and 2020, with the company having the weakening outlook in the offshore accommodating 130 men. The lift boat
built around 40 per cent of the world’s market and lower potential commodity is designed by Bennett Offshore, a naval
jack-ups and 30 per cent all of semisub- prices. architecture and marine engineering
mersibles and turret fabrication since “We expect the units could be acceler- arm of Keppel O&M, in collaboration
2000, it is positioned well to endure the ated if the market strengthens to any with N-KOM.
current low price of oil. considerable degree more quickly than In December Seaways Pte Lts ordered
In December Keppel secured its second currently anticipated.” construction on a multi-task Anchor
FLNG vessel conversion job from However Keppel is innovating with new Handling Tug (AHT) vessel suitable for
independent LNG carrier owner-oper- ventures through its subsidiary Keppel an array of offshore activities.
ator Golar LNG and said to investors Singmarine including the award of a Designed by Robert Allan and belong-
it would be innovating midstream technical services contract for the detail ing to the Rampage Series, the AHT
solutions for small and mid-scale LNG and production engineering, technical vessel will have a designed bollard pull
projects, building on its track record of and commissioning support and pro- of 100 tonnes, and be equipped with
converting 113 vessels including FPSOs, curement support of a lift boat - a first Class 1 and 2 fire-fighting capabilities,
FSOs and FSRUs. for the company. dynamic positioning systems Class 2,
In contrast jack up rig orders have hit oil recovery Class I capabilities and a
host of other equipment.
~continued on page 38
A A36 OIL & GAS ustral SIA MARCH/APRIL 2015 www.oilandgasaustralasia.com
