Keppel O&M subsidiary wins $30 mil contract from KrisEnergy

SINGAPORE (Nov 9): Keppel Shipyard, the wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has won a production barge upgrade contract worth about $30 million for the modification and upgrading of a production barge for KrisEnergy’s wholly-owned subsidiary, SJ Production Barge.

Under the terms of the contract, Keppel Shipyard’s scope of work will include installing a power generation module, Electrical House, new accommodation units, and other refurbishment works for the production barge.

When completed in or around 3Q19, 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.

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