April 2010 - Keppel Corporation

18 Sustaining GrowthEncore performancesAmidst another busy yearof ongoing projects,Keppel Offshore & Marineyards continually improveoperational excellence todeliver quality vessels to meetcustomers’ needs.EXCEEDINGEXPECTATIONSTopped with a perfect safetyrecord, the 43-days earlydelivery of the state-of-theartMaersk Deepwater SemiIII to Maersk Drilling (Maersk)has garnered Keppel FELS abonus of US$400,000. Thisis the third unit in a series ofthree semisubmersible (semi)rigs that has been built byKeppel FELS in Singapore.Jointly developed andowned by Keppel’sDeepwater TechnologyGroup and Marine StructureConsultants, the DSS TM Seriesof deepwater rigs is designedfor maximum uptime withreduced emissions anddischarges.GOLAR FREEZE SAILSOUTKeppel Shipyard hassuccessfully completed itsthird consecutive FloatingStorage and RegasificationUnit (FSRU) conversion forGolar LNG without lost-timeincidents. Golar Freeze setsail from the yard on 17 April2010.Kelvin Ang, Project Managerat Keppel Shipyard, said,“Having already completedtwo FSRUs for Golar, wewere able to improve ourprocesses and efficiencywith Golar Freeze. This isa significant addition toKeppel Shipyard’s trackrecord in specialised LNGconversions.”Commenting on therelationship with Keppel,Mr Arvid Nygaard, SiteManager of Golar LNG,shared, “We are pleased toreceive our third FSRU fromKeppel Shipyard. FSRUsGolar Spirit and GolarWinter have been operatingsuccessfully in theirrespective networks and welook forward to Golar Freezedoing the same.Mr Claus V. Hemmingsen,CEO of Maersk, said, “Withthe addition of MaerskDeepwater Semi III, our highspecificationDSS TM 21 rigfleet which is in the leagueof some of the world’s mostadvanced deepwater rigs willhelp position Maersk as theleading offshore solutionsprovider in the industry.”Mr Tong Chong Heong, CEOof Keppel O&M, added, “Thesafe and early completion ofMaersk Deepwater Semi IIIattests to the astute choicemade by Maersk to build thepremium fleet with KeppelFELS, as well as the solidarityand calibre of our teamsworking hand in glove withone another.”Commemorating the delivery of the DSS TM 21 Maersk deepwater semi rig are Mr WongKok Seng (second from right), ED of Keppel FELS and Mr Gregers Kudsk (second from left),Technical VP of Maersk, witnessed by Mr Tong Chong Heong, CEO of Keppel O&M andMr Frederik Smidth, Chief Technical Officer of Maersk“The successful integrationof the FSRU technology istestament to the goodpartnership we have withKeppel Shipyard and this hasbeen manifested in thetimely delivery and exemplarysafety record of the vessel.”keppeliteKeppel Shipyard augments its growing track record for FSRU conversions with the completion of Golar FreezeKeppelite I April 2010